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Bowen slaps down $3000 bill hike for battery owners
Climate and Energy Minister Chris Bowen has shot down a proposal by Australia’s energy market rulemaker to lift power bill charges for solar and battery owners to pay for the maintenance of poles and wires networks that they increasingly do not use.
The change, floated by the Australian Energy Market Commission in December, is designed to overhaul the way the electricity networks recover their costs through consumer bills, as solar, batteries and EVs change the way power is used in the grid.
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AEMC Report Raises Concerns For Solar Households
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The Australian Energy Market Commission (AEMC) says its proposed network pricing reforms could cut electricity costs and deliver up to $6 billion in savings across 15 years — but modelling suggests those savings won’t be shared evenly, with some solar owners potentially worse off.
The modelling projects savings of $40 to $80 per household per year on electricity bills by 2040. It estimates some families would be much better off, saving up to $740 a year by 2040, with two-thirds of households that are unable to have solar or batteries benefiting.
The impact is slightly negative however for solar and battery owners. The payback period for solar extends from approximately 4.4 to 4.7 years, while solar and batteries go from 4.6 to 5.0 years, although home batteries could be better rewarded for easing network pressure during peak periods.
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