A re-elected Albanese Labor Government will make batteries cheaper, slashing energy bills for households, small businesses and community facilities by up to 90 per cent.
Labor's number one priority is helping with the cost of living, providing targeted support without adding to inflation.
We will roll out our $2.3 billion Cheaper Home Batteries Program from 1 July 2025.
This will reduce the cost of a typical installed battery by 30 per cent – with over one million new batteries expected by 2030.
These batteries could save a household with existing rooftop solar up to $1,100 off their power bill every year, and up to $2,300 a year for households installing a new solar and a battery system.
This will help households reduce reliance on the grid – and take back control of their power bill.
Through our scheme, households will be able to purchase a typical battery with a 30 per cent discount on installed costs – saving around $4000 on a typical battery.
The battery will be installed at home and store power from solar panels for the household to use when needed.
It will help push down peak demand with fewer homes needing to be on the grid at one time, pushing down prices for everyone.
Labor's plan is in stark contrast to Peter Dutton, who will cut critical services to pay for his $600 billion nuclear plan, driving up household energy bills by up to $1,200.
Dr Freelander was in Greogry Hills to meet with local homeowner, Hanns, to discuss the benefits of his home battery and the savings that he is enjoying. By bringing down power costs, local residents like Hanns benefit economically whilst also ensuring our environment benefits too.
QUOTES ATTRIBUTABLE TO MINISTER FOR ENERGY AND CLIMATE CHANGE CHRIS BOWEN
“The sun doesn’t always shine – but households and businesses having batteries means we can keep solar energy on tap and keep energy bills down consistently.
“We’ve already hit 46% renewable energy under Labor and we’re on track to hit 82% renewable energy by 2030. We can’t afford to risk this progress.”
QUOTES ATTRIBUTABLE TO DR MIKE FREELANDER MP, FEDERAL MEMBER FOR MACARTHUR
"We will provide support for households and small businesses right around Macarthur to help them buy one of our one million power bill busting batteries.
“Every Australian in Macarthur will be eligible for these batteries, which will help keep your power bills down.
“The contrast at the next election is clear – a re-elected Albanese Government helping Australians in Macarthur with the cost of living and taking pressure off household energy bills, or Peter Dutton’s Liberals who will spend $600 billion on a nuclear plan that drives power bills up.