Many of us are eagerly awaiting an announcement regarding new PV or battery rebates from the upcoming federal government. However, the formation and implementation of a new government and its policies can take months. So, the real question is—is it really worth waiting for the new battery rebates, or should you invest at the current rates?
Market Scenario
Looking at the current market situation, the costs of manufacturing, installation, and transportation are rising significantly. Businesses are already facing price hikes, and this impact may soon reach customers. As a result, the price of solar panels and home solar batteries might increase, leading to higher costs for end users.
Challenges You Might Face
- Uncertain Wait Time – There are no signs of an immediate new rebate policy.
- Rising Prices – Manufacturers and sellers are likely to increase prices soon.
- Stock Shortages – Due to high demand at lower prices, stock availability may become an issue.
- Installation Costs – Rising costs may lead retailers to reduce sale deals.
- Increasing Electricity Bills – Delaying battery installation means continuing to pay higher electricity bills in the coming months.
Is the Battery Rebate Worth Waiting For? Expert Advice
NSW residents still have the chance to benefit from existing home solar battery rebates. However, for Queensland and South Australia residents, considering the challenges outlined above, waiting too long may not be the best option.
Tips & Tricks to Save on Solar Battery Costs
Instead of waiting, you can reduce your solar battery system costs with these smart strategies:
- Generate Extra Energy
Installing additional solar panels can help reduce your power bills significantly, leading to more savings. - Earn Through VPP (Virtual Power Plant)
By purchasing your solar battery from Arise Solar, you can unlock additional earning potential by selling excess energy back to the grid through a Virtual Power Plant (VPP). This allows you to earn extra while maximising your solar investment. - Look for Offers & Smart Financial Plans
Trusted solar retailers like Arise Solar offer home solar batteries at competitive prices. By purchasing from us, you get premium-quality batteries at affordable rates, along with flexible smart payment plans to ease your investment.
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