Australia Expands Cheaper Home Batteries Subsidy to $7.2 Billion as Tiered Rebates Set for May 2026
Australia will add about $5 billion to its Cheaper Home Batteries Program, raising total funding to $7.2 billion over four years, after demand surged. The government will introduce tiered rebates from May 2026 to curb incentives for oversized battery systems. The changes follow warnings the initial subsidy design encouraged households to buy larger batteries than needed.