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Australia’s residential energy storage market is expanding at a record pace, fueled by strong public participation in government-backed programs that make home battery installation more affordable.
Recent figures show that more than 43,000 solar battery systems have now been registered under the Small-scale Renewable Energy Scheme (SRES), while a separate national rebate initiative has enabled the installation of another 50,000 batteries through targeted subsidies.
Since July, around 23,900 new systems have been connected under SRES, bringing the cumulative total to 43,517 residential battery units. Together, these installations represent an estimated 825 megawatt-hours (MWh) of storage capacity, with each system averaging 19 kilowatt-hours (kWh). The data includes approved and pending applications for small-scale technology certificates (STCs), excluding unsuccessful or incomplete submissions.
The federal subsidy program, designed to reduce upfront costs by offering an average 30% discount on eligible home batteries, has quickly accelerated market adoption. Within just two months, 50,000 battery systems have been installed nationwide—adding nearly 900 MWh of storage capacity. This growth represents almost a quarter of all residential energy storage capacity expected to be operational across Australia before the end of 2024.
Government representatives have noted that the strong uptake of solar battery systems reflects growing confidence in clean, reliable, and cost-effective energy solutions. The initiative empowers households, small businesses, and community organizations to take greater control of their power usage while contributing to Australia’s clean energy goals.
The most significant adoption has occurred in outer suburban and regional areas, particularly in Queensland and South Australia. Many homeowners have been motivated by the long-term financial savings from energy storage and the rebate’s ability to offset initial installation costs.
Beyond reducing electricity bills, residential battery systems are increasingly viewed as a key solution to managing evening peak demand and easing pressure on local electricity networks. This added flexibility strengthens grid reliability as renewable energy generation continues to expand.
Further regional insights, including postcode-level data on approved SRES applications, are expected to be published later this month, offering a detailed view of Australia’s accelerating transition toward distributed clean energy storage.
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