Why Now is the Best Time to Invest in a Solar Battery

The Essential Services Commission (ESC) has proposed a dramatic cut to the minimum feed-in tariffs solar customers in Victoria receive for sending excess electricity to the grid. From July 1, 2025, the flat feed-in tariff could drop to just 0.04 cents per kWh, a staggering 99% reduction from the current 3.3 cents per kWh.

The Declining Value of Grid Exports

ESC Chair Gerard Brody explained that rooftop solar adoption has soared by 76% since 2019, with over 787,000 systems now installed in Victoria. This surge in solar has led to a glut of daytime electricity, reducing the value of exporting excess power back to the grid.

While solar customers will still save up to $895 annually on average by using their solar power during the day, the steep drop in feed-in tariffs means exporting excess energy is no longer financially rewarding.

The Solution: Store Your Own Power with a Battery

With feed-in tariffs nearing zero, now is the perfect time to invest in a solar battery. Here’s why a battery is the smartest way to future-proof your solar system:

1. Keep Your Solar Energy
   Instead of sending your surplus electricity to the grid for next to nothing, a battery lets you store it for use during the evening, at night, or on cloudy days.
2. Dodge Rising Electricity Prices
   By using stored energy, you avoid paying higher grid electricity rates, especially during peak demand times when power is more expensive.
3. Energy Independence
   A battery reduces your reliance on the grid, giving you more control over your power usage and protecting you from fluctuating energy prices.
4. Maximise Your Investment
   With feed-in tariffs falling, the value of solar systems without a battery is diminishing. Adding a battery ensures you extract the most value from every kilowatt your panels produce.
5. Be Future-Ready
   As renewable energy adoption grows, feed-in tariffs are likely to remain low. A battery guarantees you benefit from your solar investment, regardless of changes in the market.

Take Control of Your Energy

The time to act is now. By investing in a battery, you’re not only saving money but also making your home more resilient and sustainable. At Magma Electrical, we offer tailored solar and battery solutions to meet your needs.

Don’t let declining feed-in tariffs limit your savings—contact us today and take charge of your energy future!

Read the full article here: Victorian regulator to slash rooftop solar feed-in tariffs – pv magazine Australia