Great price on a 10KwH AC coupled home battery system which includes installation. The battery also includes a 5kw inverter.
Australian guy from SA posted his experiences over six months on reddit. He worked out the ROI was 6 years without even installing solar, as he just charged up his home battery on off peak power at 8c/kw during midday. Then used the battery to draw power for the evening and night. Rinse repeat.
His posts are here https://www.reddit.com/r/AusFinance/s/606GQLsOKZ
Great info and commentary in his posts.
Had initially been waiting for powerwall 3 but this could be too good to pass up.
VoltX Energy Battery Storage System Rebate Terms and Conditions
VoltX Energy is proud to offer a special rebate initiative for our battery storage systems, exclusively available through our company. As the wholesaler, retailer, and installer, VoltX Energy stands out in providing a seamless and comprehensive service to our customers. Please read the terms and conditions below carefully:
- One-Time Rebate: The rebate applies only once per household. Multiple rebates for the same household are not permitted.
- Location Availability: The rebate is exclusively available to customers in New South Wales (NSW).
- Installation Period: This rebate is valid on the first 300 VoltX Neovolt Battery Systems installed between July 21 and Oct 31 2024.
- Existing Customers: Customers who have previously installed a VoltX Energy battery system and are now adding a second or third battery are still eligible for the rebate.
- Rebate Application Process: Customers must follow the specific instructions provided by VoltX Energy to qualify for the rebate. Detailed instructions will be provided upon purchase.
- Rebate Redeem: The rebate will be applied as a cashback. Customers must have their battery storage system fully installed and must complete the full payment process to be eligible for the rebate.
Waiting until November 1st for the government rebate is an option, but there’s a risk of installation backlogs due to high demand. Typically, installation costs may rise due to peak demand. We’ve seen this happen in other states where the uptake of batteries was significant, even when prices were higher. We expect NSW uptake to skyrocket, potentially causing a backlog into 2025. In fact, we were interviewed by Channel 7 News discussing the strong reasons you should not wait. This should be airing this weekend.
Most definitely, you should weigh all options. However, one other factor to consider is the potential savings you can make from now until a future installation date.