Over the past two years, commercial battery prices have fallen by roughly 20 to 30 percent on average. At the same time, the rebate offered under the Cheaper Home Battery Program has delivered significant savings - up to an additional 30 percent - for homeowners and businesses alike.
It’s been a gold rush era for batteries, with around 185,000 installed in under nine months.
From May 1, however, the party is over for larger battery buyers when the program settings change and the incentive drops to just 15 percent of its current value.
You don't want to miss the boat on this one - and we've got the perfect offer to help you beat the buzzer.
Most commercial organisations require a battery at the upper limit of the CHBP rebate scheme. A popular size for businesses leveraging this incentive is 48kWh.
Here's what pricing looks like before and after May 1 for batteries within the three capacity tiers.
Note: pricing for the 48kWh battery is based off our current Sigenergy Battery Offer.
The new program settings will come into play from May 1, 2026.
This means that current rebate values apply only until 30 April 2026 - your battery needs to be installed, electrified and your rebate application processed by this date to be eligible.
Realistically, this means you need to have booked in your installation by the end of the first week of March.
From May onwards, it's worth noting that the rebate amount will continue to decline faster and more frequently, with a drop in value every 6 months (instead of annually, like solar rebates).
It's also important to know that to access the battery rebate, your site must already have solar or have solar installed at the same time as the battery. Factor this into your planning.
Since launching, the Cheaper Home Batteries Program has been taken up far faster than originally anticipated. Demand has been particularly strong for larger battery systems, including systems around 20-50kWh, which draw down a disproportionate share of available funding.
This was not anticipated by the government, who designed the program initially with homeowners primarily in mind.
Early uptake data and industry analysis indicated that, under the original structure, the initial $2.3 billion allocation was on track to be fully committed well before schedule. Without intervention, this would have forced the scheme to close early.
To prevent that outcome, the Federal Government has restructured the program and confirmed that future rebate settings will be weighted toward smaller battery systems, with reduced effective support for larger batteries suitable for commercial use.
Yes. The rebate currently applies to commercial battery installations, including systems of 50kWh (full rebate) and up to 100kWh (partial rebate).
Current rebate values apply until 30 April 2026.
From 1 May 2026, revised rebate calculations will apply, reducing the effective rebate available to larger battery systems. The battery rebate will continue to decrease in value every 6 months from this point.
If current rebate values are required to support the business case, projects should be installed and commissioned before 30 April 2026.