Cheaper Home Batteries program - installations - initial phase

Question

In relation to the program's initial phase costed at $2.3 billion in July 2025: 1. What was the government's assumed average subsidy or cost per battery unit (and per usable kilowatt-hour) in July 2025 when the program was initially costed at $2.3 billion? 2. What was the actual average subsidy or cost per battery paid by the government during between July 2025 and December 2025? 3. What was the variance (in both dollar value and percentage) between the estimated cost per battery and the actual cost paid between July 2025 and December 2025? 4. How many total eligible battery systems were installed under the program between July 2025 and December 2025?

Answer

Please see the attached answer.

Documents

• Question with answer (PDF) (opens in a new tab)
• SQ26-000721.pdf (opens in a new tab)