Solar battery systems are slashing power bills in 100 South Australian homes as Tesla’s virtual power plant program kicks off.
The announcement was made by the South Australian Government yesterday.
The Sydney suburb of Kurnell will host the first new housing development outside Europe to use a solar-sharing plan to cut electricity bills to zero.
Solar panel systems and battery storage could save the Federal Government $4 billion, according to the Australian Energy Market Operator.
The Australian Competition and Consumer Commission (ACCC) wants to remove solar energy incentives, effectively increasing the future solar panel installation cost.
A report released by the ACCC last week expressed concern over the high cost of electricity in Australia, stating: