A Point Clare dad has managed to reduce his electricity bill from $1,200 a quarter to just $70, as Central Coast households take up home batteries at an increasing rate.
New data shows that half of all households want to pair a home battery with their solar system to reduce or even eliminate their energy bills.
Matt Booth, 44, who works from home, said he once feared the bill arriving in his inbox due to his high energy usage from ducted air conditioning through the Winter, and a swimming pool.
He said energy bills were placing pressure on his family budget but his bill was cheaper than it’s ever been since he installed a home battery.
He has two more on the way with plans to boost his household storage capacity to 40kW by October.
Australian energy solutions provider VoltX Energy is reporting a staggering 2,000% growth in the number of people installing home batteries with a government rebate.
CEO David Sedighi says the surge is “unprecedented” and reflects a major shift in how Australians are managing energy costs.
Data from the Climate Council now shows 9.5% of homes in NSW with solar now have a home battery.
“We are really seeing Australia supercharge its home battery rollout with a boom like never before with people realising the economic benefits with the cost of a home battery falling by 20% in the past 12 months as electricity bills rise to record highs,” Sedighi said.
“We know a home battery can cut energy bills to zero allowing homes to capture, store and use their own energy, removing the need for electricity from the grid.
“We predict another 160,000 new household battery installations will occur across Australia in the next 12 months.”
Since the federal rebate announcement, VoltX Energy has seen substantial increases in demand with a 160% spike in NSW since June this year.
“A year ago, we were installing a modest number of batteries each month; today, that number has grown by over 2,000%, with consistent momentum month after month,” Sedighi said.
He said the biggest barrier was the number of qualified installers available.
“Right now, across the industry there’s a shortage of qualified installers because no-one anticipated this kind of dramatic acceleration, but with power bills more expensive than ever more Australians are wanting to install a home battery because within three years it’s paid for itself,” he said.
“Homes with solar panels are already more common than a backyard swimming pool and now household batteries are making them even more popular because they can eliminate reliance on the main grid entirely.
“What is interesting is the size of the battery being installed has also changed, with more people opting for a stronger 30kWh system which can supply an entire household’s energy use.
“We have customers who no longer receive a bill, but the electricity provider now pays them for the energy they release back into the grid.”
For more information on VoltX Energy Battery Systems, visit https://voltxenergy.com.au/
Big two fingers up to other tax payers that are subsidising the cost of these systems. Maybe he can reflect on the merits of means-testing this subsidy whilst enjoying his swimming pool and AC?