AGL launches new product offer to make home batteries more affordable for customers
AGL today launched a new product offer that makes battery technology affordable for more households in Adelaide and drives an expansion of its ground-breaking $20 million Virtual Power Plant (VPP) project.
AGL General Manager Distributed Energy Dominique Van Den Berg said customers in Adelaide would be able to receive up to $7,000 toward the upfront cost of a new battery, consisting of a payment of $1,000 from AGL when connecting their battery to the VPP and a subsidy of up to $6,000 from the South Australian Government.
This offer1 is for Tesla, LG Chem and SolarEdge’s StorEdge energy storage systems.
AGL intends to widen the range of compatible systems in the future.
“This new offer helps customers to unlock more value from their significant investments in solar energy systems and to increase their use of solar energy to help lower energy bills,” Ms Van Den Berg.
“The launch is consistent with our objective of delivering smart solutions to meet the growth in customer demand for residential batteries.”
Through the VPP, AGL manages customers’ batteries to provide grid support services when the grid most needs it, such as during a heat wave when there is high demand for electricity. This new offer is in addition to AGL’s Bring Your Own Battery Program for customers in Queensland, NSW, Victoria and South Australia which was launched in July this year.
For more information, go to https://www.agl.com.au/solar-renewables/solar-battery-storage.
1 Under the new offers which are available from today, customers can buy Tesla batteries with integrated inverters or LG Chem batteries with SolarEdge’s StorEdge products at reduced prices with a $1,000 upfront payment from AGL towards the cost of a battery for participating in AGL’s VPP over five years, and up to a further $6,000 subsidy from the South Australian Government (offer is only available to customers in Adelaide metro)