About 35,000 home batteries are being installed by households every month despite cuts to federal government subsidies in May, fuelling calls for further policy changes as Treasurer Jim Chalmers looks for savings in next month’s budget update.
More than 550,000 home battery systems have been subsidised by the government since the creation of the Cheaper Home Batteries policy in July 2025, at an estimated cost to taxpayers of more than $5 billion so far, according to The Australian Financial Review ’s analysis of Clean Energy Regulator data.
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