Changes to the Federal Battery Program are coming on May 1st, 2026
Changes to the Federal "Cheaper Home Batteries Program" (CHBP) are coming on May 1st, 2026. Changes apply only to the Federal battery rebate program - State rebates are not impacted.
Why were changes required?
The Cheaper Home Batteries program has been so successful that uptake in the program surpassed all expectations. There was a danger the program would run out of funds and be closed prematurely. The Federal government wanted to ensure the longevity of the program so that benefits provided to households thus far could continue to be shared among more Australian households. Over the weekend the Federal Government announced changes to the program that will have a positive impact on Australian consumers and the Australian energy market going forward.
Here are the key updates you should know:
Increased Funding for Rebates
The most significant change is the substantial boost in funding for the CHBP. The Federal government has increased the program’s budget from $2.3 billion to an impressive $7.2 billion over the next four years. This additional funding is not just a big number; it represents a commitment to supporting Australian households in their journey toward greater energy independence.
Stability and Certainty Through 2030
With these enhancements, the rebate program is now set to continue providing support all the way through to 2030. This long-term commitment offers much-needed certainty and stability to both consumers and the overall energy market. As more Australians consider adopting home battery systems, this extended rebate period provides the assurance needed for making important financial decisions related to energy storage solutions.
For those contemplating applying for a rebate, there’s no need to feel rushed or anxious! The increased funding indicates that the rebates will not deplete quickly, ensuring that everyone will have a fair chance to access these benefits. This means you can take your time to explore your options and make informed choices without worrying about missing out due to limited funds.
Current Solargain Quotes Unchanged
If you already accepted a quote from us, rest assured that you are not affected by these changes. Your agreements will remain intact, and you can confidently move forward knowing that the rebate you accepted will be honored. We value your commitment and want to ensure that your plans for transitioning to renewable energy are as smooth as possible.
Strong Government Commitment
These updates reflect a strong governmental commitment to enhancing the transition toward energy storage for Australian households. Not only do they inspire confidence in the sustainability of the rebate program, but they also support the broader goal of electrifying our homes more responsibly and affordably.
We are genuinely excited about the substantial funding boost for battery storage solutions and are here to assist you in navigating your energy options now and into the future.
For more information please get in touch with us or to request a quote please complete the form below.
