Solar Homes policy – NSW Solar grant

Solar Homes policy – the NSW Labor party have announced a huge solar rebate they will implement if they win the upcoming state election. Let’s learn more about how many households could be helped and what the particulars of the scheme are. 

Solar Homes policy

Michael Daley - Solar Homes Policy (source: michaeldaley.com.au)
Labor leader Michael Daley – announcing the Solar Homes Policy (source: michaeldaley.com.au)

The Solar Homes policy was announced by NSW Labor leader Michael Daley on his official website this week:

“This program will take NSW to over a million solar homes. Based on current take up rates for household solar, the program could help add solar to an additional 1 million homes over the next decade.” the website states. Further reading into the document shows that 500,000 households will benefit from the solar scheme. 

Under the Solar Homes policy, owner-occupied households in New South Wales are eligible for a rebate of up to $2,200, as long as their combined annual income is less than $180,000. 

Deputy Leader and Shadow Environment Minister Penny Sharpe said, “Under this plan, everyone wins. Families get help with their electricity bills and we are taking real action on climate change and giving NSW a cleaner, greener future.”

NSW Labor’s Leader in the Legislative Council and Shadow Minister for Energy and Climate Change, Adam Searle said, “Solar Homes is just one aspect of Labor’s plan for cheaper and cleaner energy across NSW. Our policies will cut both electricity bills and carbon emissions. We look forward to providing more in the lead up to the election.”

If Labor do win the state election (which will be held on March 23) and the Solar Homes policy goes ahead, it will commence in the 19-20 financial year (“to ensure an orderly rollout”), and follow other states with their own initiatives:

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Dunsborough Community Energy Project – Virtual Power Plant

The  Dunsborough Community Energy Project is currently offering no upfront cost solar in Western Australia – all for the flat fee of $35/week – inviting south-west Western Australia residents to join their 6.5MW virtual power plant. 

Dunsborough Community Energy Project

Dunsborough Community Energy Project
Dunsborough Community Energy Project (source: dunsboroughcommunityenergyproject.com.au/)

This Dunsborough Community Energy Project has been established as a joint effort between Perth-based company Redback Energy, investment outfit SUSI Partners and Perth law firm Jackson Macdonald. It already has over 60 signups to their virtual power plant and hope to reach 1000 by the end of the year. The goal of their project is to allow all members to be 90% renewable inside their homes. It’s a realistic goal, and they have partnered with some fantastic companies to deliver a really powerful product offering:

According to a post on RenewEconomy, people who sign up to the Dunsborough Community Energy Project will receive:

  • 7kW of solar PV (Suntech panels)
  • Redback 5.5 KVA inverter
  • 9.6kWh Pylontech (LiFePo4) batteries

The community’s goal is to reach 1,000+ Redback solar and battery storage systems in the area (Dunsborough and Yallingup). Over the 10-20 year lifespan of the project ‘additional income and dividends’ are expected to raise up to $8m which can then be spent on lowering energy costs further or giving back to local community projects. 

The official website states that Redback Energy will give $250 towards a ‘community fund’ for each system sold. This fund will then be distributed “…to fund local community projects in schools, sporting clubs and or other projects such as a Dunsborough community pool.” A great idea and fantastic to see Redback supporting the local economy in more ways than one!

Click here to view the official website of the project and learn more about it. 

You can also learn more about Virtual Power Plants or Community Solar across Australia by clicking!

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