Financing Scheme for a 30kW Mobile Energy Storage Container in Canberra

How many batteries are in Canberra's next gen program?

The Next Gen program has reached its target of 5,000 batteries in Canberra homes and businesses – and is no longer accepting rebate applications. Households can continue to access Government support through the Sustainable Household Scheme and Home Energy Support Program.

How much will Australia's CIS invest in solar & wind technology?

According to Australia’s Department of Climate Change, Energy, the Environment and Water (DCCEEW), the uplift in the scheme’s capacity will enable the CIS to support investments of approximately A$21 billion in storage capacity and A $52 billion in solar and wind technologies. In a statement announcing the increase, the DCCEEW said:

What is the Energy Saver loan scheme?

The Energy Saver Loan Scheme provides no-interest loans to eligible applicants to fund the purchase price and installation of energy efficient products. The loans are interest-free, have no establishment fee, and no account-keeping fee, although fees for late repayments do apply.

What is a capacity investment scheme agreement (CISA)?

The successful projects will enter into a Capacity Investment Scheme Agreement (CISA), which provides a revenue safety net through an underwriting approach. This financial structure provides successful projects with a floor price for capacity while capping potential windfall profits during high-price events.