Grants for homes 'save billions on big energy projects'

Each household should be offered up to $6500 to install grid-connected solar batteries and landlords incentivised to join the renewable energy revolution, a report has found.

The Clean Energy Council made the recommendations in a study released on Tuesday that investigates the impact solar panels, home batteries and other consumer assets could have on Australia's electricity market.

The report, which includes modelling from Oakley Greenwood, also found failing to adequately support household renewable energy investments could cost the nation more than $22 billion and 18,200 extra jobs by 2050.

It comes amid fierce political debate over the future of Australia's energy resources, and weeks after the CSIRO released research showing renewable energy such as solar and wind would cost less than nuclear.

Home solar system inverter
Home renewable assets benefit budgets and the community, a Clean Energy Council report says.

The council's Powering Homes, Empowering People report examined how consumer energy resources could reduce costs in the electricity system.

It found supporting households to take up renewable energy generation and storage devices, at the rate recommended by the Australian Energy Market Operator, would save $20 billion otherwise spent on large-scale projects and more than $2 billion on network infrastructure.

The report also found reaching the market operator's consumer energy resources target would see 3.6 million more homes install solar batteries, save all electricity users between $35 to $71 a year, and create thousands more jobs in manufacturing, installation and maintenance.

The findings show investing in household renewable technology had obvious advantages for the wider community, Clean Energy Council distributed energy policy director Con Hristodoulidis said.

"It is critical that we get the policy settings right to maximise the benefits of Australia's rooftop solar success story," he said.

"Australia's electrification journey has only just begun and adopting (consumer energy resources) at even greater scale will be the key to lowering bills and a timely energy transition."

Mr Hristodoulidis said the report also identified policies needed to support household investments in renewable energy, which range from education and consumer protection to incentives and targets.

The study recommended the federal government introduce a National Home Battery Saver Scheme in 2025 offering incentives of up to $6500 for households to install a solar battery and connect it to the grid, which would include an annual benefit.

Other support, it said, should include incentives for landlords to install electric appliances, solar panels and batteries, as well as a $100 million Community Empowerment Fund to provide education to consumers, businesses and community groups about renewable energy technology over 10 years.

The council's recommendations come after the market operator's draft 2024 consultation found consumers could provide up to 34 gigawatts of renewable energy storage by 2050.

Australia is a world leader in residential solar installations, with almost one-in-three households having installed solar panels.

License this article

What is AAPNews?

For the first time, Australian Associated Press is delivering news straight to the consumer.

No ads. No spin. News straight-up.

Not only do you get to enjoy high-quality news delivered straight to your desktop or device, you do so in the knowledge you are supporting media diversity in Australia.

AAP Is Australia’s only independent newswire service, free from political and commercial influence, producing fact-based public interest journalism across a range of topics including politics, courts, sport, finance and entertainment.

What is AAPNews?
The Morning Wire

Wake up to AAPNews’ morning news bulletin delivered straight to your inbox or mobile device, bringing you up to speed with all that has happened overnight at home and abroad, as well as setting you up what the day has in store.

AAPNews Morning Wire
AAPNews Breaking News
Breaking News

Be the first to know when major breaking news happens.

Notifications will be sent to your device whenever a big story breaks, ensuring you are never in the dark when the talking points happen.

Focused Content

Enjoy the best of AAP’s specialised Topics in Focus. AAP has reporters dedicated to bringing you hard news and feature content across a range of specialised topics including Environment, Agriculture, Future Economies, Arts and Refugee Issues.

AAPNews Focussed Content
Subscription Plans

Choose the plan that best fits your needs. AAPNews offers two basic subscriptions, all billed monthly.

Once you sign up, you will have seven days to test out the service before being billed.

AAPNews Full Access Plan
Full Access
  • Enjoy all that AAPNews has to offer
  • Access to breaking news notifications and bulletins
  • Includes access to all AAPNews’ specialised topics
Join Now
AAPNews Student Access Plan
Student Access
  • Gain access via a verified student email account
  • Enjoy all the benefits of the ‘Full Access’ plan at a reduced rate
  • Subscription renews each month
Join Now
AAPNews Annual Access Plan
Annual Access
  • All the benefits of the 'Full Access' subscription at a discounted rate
  • Subscription automatically renews after 12 months
Join Now

AAPNews also offers enterprise deals for businesses so you can provide an AAPNews account for your team, organisation or customers. Click here to contact AAP to sign-up your business today.

Download the app
Download AAPNews on the App StoreDownload AAPNews on the Google Play Store