Labor Pledges $2.3 Billion to Subsidise Household Batteries

The policy provides Australian homeowners with a 30 percent discount.

Three men install solar panels on a roof as storm clouds approach in Albany, Western Australia, on Aug. 29, 2024. Susan Mortimer/The Epoch Times

Labor has pledged $2.3 billion (US$1.4 billion) for the subsidisation of household batteries from July if re-elected.

The policy provides Australian homeowners with a 30 percent discount on virtual power plant-ready battery systems (5–50 kWh) when installed with new or existing solar panels.