Australians are installing batteries at a record rate, as rooftop solar heads for major new milestone
Australia is rapidly approaching a major solar milestone, with a total rooftop solar capacity of 25 gigawatts (GW) expected by the end of this year! According to the Clean Energy Council’s latest Rooftop Solar and Storage Report, Australians are not just installing solar panels but also adding home batteries at record rates. This push is helping households and businesses slash energy bills and become more independent from the grid.
As of June 2024, solar panels now cover the roofs of more than 3.7 million homes and businesses across the country. With typical payback periods of just 3-4 years, going solar has become an easy way for families and small businesses to cut costs. Plus, adding a home battery to store that solar energy is the key to maximising savings and ensuring power is available even when the sun isn’t shining!
Over 140,000 home batteries have been installed so far, with battery sales breaking records in the first half of 2024. However, the Clean Energy Council (CEC) believes we can do even better. They’re pushing for a national incentive scheme to make home storage even more accessible, which could help Aussies save between $900 and $1,500 a year on energy bills.
Solar energy is also playing a key role in boosting economic activity, creating jobs for thousands of Australian installers and businesses in the sector. This growth in solar installations means lower energy bills for all Australians, making it a win-win for both the environment and the economy!
As more families make the switch to solar and larger system sizes become the norm, Queensland, New South Wales, and Victoria are leading the charge. The average system size has grown to 9.7 kW in 2024, compared to just 4.3 kW a decade ago.
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