You may be considering installing a solar battery system in Sydney to complement your solar panels system and maximize the benefits of renewable energy. Solar batteries allow you to store excess energy generated during the day for use at night or during power outages, providing greater energy independence and potential cost savings. Let’s understand the factors that influence solar battery price in Sydney are crucial to making an informed decision.
Average Solar Battery Price in Sydney
The price of a 10kW solar battery system in Sydney, Australia, can range from approximately $10,000 to $20,000 or more.
The exact solar battery price in Sydney you pay will depend on factors like the brand and model you choose, your location, the complexity of the installation, and the installer you go with.
Factors Affecting Solar Battery Price
Several factors can influence the price of solar batteries in Sydney:
1. Battery Capacity
The larger the battery capacity (measured in kilowatt-hours or kWh), the higher the cost. Typical residential solar battery capacities range from 5 kWh to 20 kWh.
2. Battery Type
Lithium-ion and LiFePO4 batteries are generally more expensive than lead-acid batteries but offer better performance and longevity.
3. Brand and Quality
Well-known and reputable brands often command higher prices due to their proven track record and quality assurance. However, lesser-known brands may offer more affordable options.
4. Installation Costs
The labor and materials required for installation can add significantly to the overall price of a solar battery system.
Are Solar Batteries Worth the Cost?
Solar battery prices in Sydney range from $8,000 to $15,000 and beyond. Whether a battery makes financial sense for your home depends on how you plan to use it.
If you aim to maximize your solar self-consumption and minimize your reliance on the grid, a battery can help you achieve that. By storing excess solar for use in the evening, you can offset your peak-time usage and potentially save on your electricity bills, especially if you have time-of-use rates.
For homes prone to blackouts, the backup power capabilities of a battery like the Tesla Powerwall can provide invaluable peace of mind. Being able to keep your lights and fridge running during an outage is a major selling point for many battery buyers.
On the flip side, if your primary motivation is to save money, a solar battery may not pay for itself as quickly as you’d like. Even with Sydney’s abundant sunshine, the payback period can stretch to 10 years or more depending on your circumstances.
Government Rebates and Incentives
The Australian government and state governments offer several rebates and incentives to encourage the adoption of solar battery systems. In Sydney, you may be eligible for the following:
Small-scale Renewable Energy Scheme (SRES)
This federal government scheme provides small-scale technology certificates (STCs) for eligible solar battery installations, which can be traded for a financial incentive or upfront discount.
New South Wales Government Solar Battery Loan Scheme
This scheme offers interest-free loans of up to $14,000 for the purchase and installation of a solar battery system in New South Wales.
New South Wales Government Empowering Homes Program
This program provides interest-free loans of up to $9,000 for the installation of a solar battery system, specifically for low-income households in New South Wales.
It’s essential to research and understand the eligibility criteria and application processes for these rebates and incentives to maximize your potential savings.
Bottom Line
The typical solar battery price in Sydney ranges from $8,000 to $15,000 fully installed for a 10-13 kWh system.
If you’re considering installing solar battery in Sydney this year, be sure to get a quote from a reputed company like Isolux Solar. We are a Local installer of Solar Battery in Sydney and provide customized solutions.
Get an obligation free quote now!
