A re-elected Albanese Labor Government will make batteries cheaper, slashing energy bills for households, small businesses and community facilities by up to 90 per cent.

Labor’s number one priority is helping with the cost of living, providing targeted support without adding to inflation.

We will roll out our $2.3 billion Cheaper Home Batteries Program from 1 July 2025.

This will reduce the cost of a typical installed battery by 30 per cent – with over one million new batteries expected by 2030.

These batteries could save a household with existing rooftop solar up to $1,100 off their power bill every year, and up to $2,300 a year for households installing a new solar and a battery system.

This will help households reduce reliance on the grid – and take back control of their power bill.

Through our scheme, households will be able to purchase a typical battery with a 30 per cent discount on installed costs – saving around $4000 on a typical battery.

The battery will be installed at home and store power from solar panels for the household to use when needed.

It will help push down peak demand with fewer homes needing to be on the grid at one time, pushing down prices for everyone.

Labor’s plan is in stark contrast to Peter Dutton, who will cut critical services to pay for his $600 billion nuclear plan, driving up household energy bills by up to $1,200.