Australian Tech

132 readers

16 users here now

For techs and techy stuff.

founded 1 year ago

MODERATORS

[email protected]

Household battery storage surges as plunging solar tariffs improve the economics (www.abc.net.au)

submitted 10 hours ago by [email protected] to c/[email protected]

10 comments fedilink hide all child comments

In short:

Around 75,000 battery storage systems were installed last year, up 47 per cent from 2023.

Current modelling estimates the payback time on a battery system at around eight years for a typical household.

What's next?

A wide range of experts, including a former RBA deputy governor, are calling for the federal government to introduce household battery subsidies to encourage uptake.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 0 points 9 hours ago* (last edited 9 hours ago) (6 children)

A wide range of experts, including a former RBA deputy governor, are calling for the federal government to introduce household battery subsidies to encourage uptake.

This is suggesting that we use taxpayer funds to offset the installation costs of people who own a house and likely a solar setup already - further reducing their running costs.
But as battery uptake increases, there will be less demand on the grid, so the per kW/h and daily connection fees are going to increase. So any tax paying renter gets to benefit from this by... paying more for their electricity?

To paraphrase Joe Hockey (and the broader Liberal party), I guess "Poor people don't use much electricity."

Ooh, to quote that ~~ball of shit~~ honourable former MP again, maybe they should "Get a good job and buy a house".

Crisis Averted \s

[–] yunxiaoli 1 points 7 hours ago (1 children)

Increasing both grid energy and overnight reliability will increase energy prices?

I'm not sure your math is right.

[–] [email protected] 1 points 6 hours ago

The people that set the price floor currently are the coal burners.

The contracts that they sign with AEMO is why AEMO keeps curtailing the large wind and solar farms, this is why various jurisdictions are getting the ability to stop houses from exporting power.

The maths of supply and demand are tricky when you can literally curtail your competitors supply.

load more comments (4 replies)