How much do solar batteries cost in Australia?

Solar Choice has been tracking the average price of solar batteries in Australia across our database of over 200 solar installers in our Solar Battery Price Index since 2017. Residential solar batteries usually cost between $700 to $1,000 per kWh of capacity installed depending on brand, size and location.

How much does a solar battery storage system cost?

In the residential sense, solar battery storage systems usually cost between $1,000 to $1,300 — per kWh (kilowatt per hour) of the capacity installed. However, these cost estimates may vary depending on the brand, size and location of the storage system.

Why are batteries so expensive in Australia?

Per kilowatt of power, batteries in Australia (in both the NEM and WEM) have increased in cost over time. But this is due to more recent projects being longer-duration: while the first Australian batteries were at one hour of duration or less, two-hour and four-hour batteries are now the norm.

How much do solar batteries cost?

Residential solar batteries usually cost between $700 to $1,000 per kWh of capacity installed depending on brand, size and location. The below table shows our current price index which includes the federal rebate but excludes state-based rebates:

Are home batteries worth it in Australia?

ACT currently offer limited zero-percent loans. WA also offers zero-interest loans for batteries as part of its WA battery rebate. Yes, home batteries are finally worth it for many Australians, especially in states with high electricity prices, good sun, and generous rebates.

Are solar batteries a good investment in Perth & Sydney?

As described in the graph below, solar batteries are most attractive in Perth and Sydney when comparing the payback periods. We have been studying the financial outcomes of installing a solar battery in typical household scenarios since for over a decade.