Northern Territory Solar Incentives: Rebates and Programs for Homeowners

This article provides detailed information on NT initiatives designed to make solar installations more affordable and accessible.

Home and Business Battery Scheme

Overview

The Home and Business Battery Scheme is a grant program aimed at assisting NT residents, businesses, and not-for-profit organisations in purchasing and installing battery storage systems and inverters. This initiative supports the adoption of energy storage solutions, enhancing the efficiency and reliability of solar power systems.

Grant Details

  • Grant Amount: $400 per kilowatt-hour (kWh) of usable battery system capacity.
  • Maximum Grant: Up to $5,000.

Eligible Systems

To qualify for the grant, your battery system must:

  • Be listed on the approved battery systems list.
  • Be assessed as capable of functioning as a virtual power plant.

You can access the Approved Battery Systems List to verify if your desired system is eligible.

Eligibility Criteria

You can apply for the Home and Business Battery Scheme if you meet the following conditions:

  • Applicants:
    • Registered owners of residential properties in the NT.
    • Registered NT businesses.
    • Not-for-profit or community organisations operating in the NT, whether in owned or leased premises.
  • Property Use:
    • The property can be owner-occupied or used as an investment.
    • Only one application is allowed per property and per homeowner.
  • Dual Applications:
    • If you own both a residence and a business, you can apply for separate grants for each.

Funding Usage

The grant can be used to purchase and install:

  • A solar photovoltaic (PV) system with an eligible battery and inverter.
  • An eligible battery and inverter only, provided you already have a solar PV system installed.

Exclusions:

  • The grant cannot be used to purchase and install solar PV panels and inverters unless they are installed simultaneously with a battery.

Application Process

GrantsNT Portal: Where you will have to apply for the scheme.

Follow these steps to apply for the Home and Business Battery Scheme:

  1. Check Eligibility:
    • Ensure you meet the ownership and property use criteria outlined above.
    • Review the Terms and Conditions for detailed eligibility requirements.
  2. Obtain Quotes:
    • Get a quote from a qualified system installer or provider.
    • Verify the certification requirements on the NT WorkSafe website.
  3. Apply Online:

Post-Application Process

  • Assessment: Applications are reviewed in the order they are received. Ensure your application is complete to avoid delays.
  • Timeline: Approved works must commence after application approval and be completed within six months of voucher issuance.
  • Payment: Upon completion, use the voucher as part payment to your installer. The NT Government will pay the voucher amount directly to the provider.

Additional Conditions

  • Feed-in Tariffs: Jacana Energy customers receiving the premium one-for-one feed-in tariff will be transitioned to a standard feed-in tariff as a condition of the grant.
  • Electricity Providers: The grant is available regardless of your current electricity provider.

Contact Information

For more information or assistance with your application, contact the Business Recovery team:

Additional Resources and Support

To further assist you in navigating the Home and Business Battery Scheme and other solar incentives in the Northern Territory, the following resources and support channels are available:

Official Information

  • Northern Territory Government – Renewable Energy Programs:
    • Access comprehensive information on all state-level renewable energy initiatives, including updates and policy changes.
  • GrantsNT:
    • The primary portal for submitting applications for various grants, including the Home and Business Battery Scheme.

Support Channels

Conclusion

The Northern Territory offers valuable rebates and incentives to support homeowners, businesses, and not-for-profit organizations in adopting solar energy solutions. The Home and Business Battery Scheme provides substantial financial assistance for purchasing and installing battery storage systems and inverters, making solar energy more accessible and affordable.

If you meet the eligibility criteria, consider applying for the grant to enhance your solar power system’s efficiency and reliability. Utilise the provided resources and contact information to guide you through the application process and make the most of the available incentives.

*Comparison Rates based on $30,000 green loan repaid over 60 months. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

© Copyright 2024 Solaris Finance – ABN 97 602 722 805. All Rights Reserved.

© Copyright 2024 Solaris Finance

ABN 97 602 722 805. All Rights Reserved.