Battery incentives are now available!
What is the Peak Demand Reduction Scheme? The Peak Demand Reduction Scheme (PDRS) is a NSW Government initiative to help reduce electricity demand during peak times, like on hot summer days, by encouraging households and organisations to invest in demand reduction solutions. The scheme provides incentives for accredited businesses to provide your household or small business with a battery at a reduced cost. Participation in the PDRS is voluntary.
To take advantage of these incentives you will need to contact Solec Industries as we are partnered with an accredited supplier.
You can access a discount on installing a battery in your home or small business with an existing solar system, or have the discount priced into a quote for a combined solar system and battery installation.
Installing a battery can help you:
- store and use more solar energy to reduce your electricity costs
- keep power on during outages
- reduce your environmental footprint by using more renewable energy.
This incentive will help reduce electricity demand during peak periods, and the risk of power outages in NSW. Installing more batteries across NSW will help make the grid more reliable and stable, while also reducing our reliance on fossil fuels during periods of peak demand. This will help reduce NSW’s emissions by 70% by 2035 and achieve net zero by 2050.
If you already have a battery installed, you can receive an incentive by connecting it to a Virtual Power Plant (VPP). A VPP allows you to sell some of the excess stored energy in your battery when other people on the grid need it most.
How you can save money on a new battery
Unlike a rebate, the discount on the installation cost of your battery is provided as an incentive to Solec Industries. Solec Industries will then pass on the discount to you.
The incentive is proportional to the usable capacity of the battery in kilowatt-hours (kWh). Larger batteries will receive a larger incentive.
If you’re eligible, discounts range between:
- $770 and $1150 when you install a new 6.5 kWh battery
- $1600 and $2400 when you install a new 13.5 kWh battery
