Battery storage of surplus solar energy is an ever advancing industry which is of great interest to many people.
However, in South Australia if you add battery storage to your home, you will lose your current government funded Feed In Tariff (F.I.T) of $0.44 cents per KwHr. Adding battery storage is considered to be an upgrade and according to SA Power Networks website the government body are unable to monitor the output of the generator. Here’s an excerpt from a 2013 SA Power Networks press release…
“The Department of Manufacturing, Innovation, Trade, Resources and Energy (DMITRE) discussed battery storage with SA Power Networks and agrees that battery storage is not included in the scheme and people with PV panels who install battery storage will no longer be eligible for FiT credits, as it will not be possible to identify the output of the PV generator”.
The full PDF version of the press release can be downloaded here (1 page).
For those of us who missed out on the solar FIT battery storage is a great idea. However, it’s still my belief that it’s too expensive and the pay back period is too long. In saying that, technology is moving at a rapid pace and it won’t be too long before it’s viable to install battery storage so you can run your home at night.
Here’s a very interesting video produced by the ABC Catalyst program demonstrating how quickly the industry is moving.
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