Market Price Response to Battery Rebate?

Shopping around for quotes for a battery for the solar set-up. Getting back a quote of $17,500 in Brisbane for 5kW Fronius Primo GEN 24 Inverter and 13.8kWh BYD HVM Premium Battery installed over an existing set-up. Another of $17,900 for the same but with a 6kw Fronius Gen 24. (no solar panels, they are already in place on an older Fronius inverter) . So both about $12,500 after rebate.

My question is, are these prices comparable to the quote before the solar battery rebate was announced, or are they being marked up to absorb the rebate?

Would love to check recent quotes of others for a simpler set-up to keep an eye on how the retailers are responding to the rebate and ensure it's the consumers that are getting it, not the retailer.

Comments

  • +1

    The ROI on batteries and solar is what kills it for me. I like the idea but it just doesn't make sense for me. Always blows my mind when people say things like 'it is saving me thousands per year', how much electricity are you guys using?

    • Some of us cook, heat, charge our cars etc all with electricity.

      Our usage varies from 20-40kWh everyday because of this.

      If you live in an apartment with centralised heating/cooling with common hot water, buy take away food and infrequently wash clothes for 1 person your usage might be under 7kWh everyday.

      But there are 5 in our freestanding home and soon to be 6.

  • Got a quote for 16kw battery + inverter $9.2k installed via LMS Renewable with a Sigenergy system, anyone used that brand before?
    Looks like break even point is 6.4 years at current energy prices and 5.8 years when prices go up 9%, I feel it will shorten up again when prices go up (Last bill I checked, was at 27c/kw now 37c/kw). Prices will go up further next year I bet.

    Have 6.6kw solar system and regularly feed back into the grid 16kw over the past year.

    • Seem like a good price, that LMS in SEQ as well? May ask them for a qoute.

    • SigEnergy are now the most popular battery in Australia i think. Definitely in the top 3 in any case.

  • 11k for a 45kw battery and 10kw inverter, I think I'm about to start the car. FYI I have 25kw of solar.

  • I have an existing 6.6kw system and was quoted $8,000 for a 28kw Solax battery (after rebate).

    I am in South Australia.

  • I'm keen to know what quotes everyone has been getting for solar batteries to help everyone compare. If you can detail the costs and systems proposed and any extras like backup gateways that would be great. Thanks

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