Smart Energy Council - Election Update

NSW Election Update

With the NSW election on Saturday, it’s time to see where the parties stand on solar, storage and smart energy.

NSW Labor Party

  • The biggest proposed rollout of renewable energy in Australian history;
  • 7 gigawatts of large-scale renewables by 2030 – 6GW by reverse auction, 1 GW through a new State-owned corporation with 4GW in first term of government;
  • 500,000 new solar homes by 2030, delivered through a $2,200 subsidy;
  • $100 million Solar Schools package for solar on more than 350 schools;
  • $11 million to train electricians in solar and battery storage;
  • 100% renewables for all State Government agencies by 2025;
  • At least 50% renewables by 2030.

NSW Liberal Party

  • No interest loans for solar and battery storage for 300,000 homes. This includes loans over 10 years of up to $9,000 for a battery system and up to $14,000 for a solar-battery system. This is a good initiative;
  • Making it easier for strata committees to approve solar panels and batteries for apartment blocks by lowering the voting threshold from 75% to 50%;
  • An extra $20 million to the Emerging Energy Program, encouraging private-sector
  • investment in large-scale electricity and storage projects;
  • $10 million for a new recycling fund for solar panels and battery systems.

NSW Greens Party

  • Establish a new publicly owned electricity company to generate, distribute and retail renewable energy;
  • $1 billion to support local community renewable projects and $1.5 billion a year in large-scale, publicly owned renewables projects;
  • Rebates for more than one million households to install solar panels and battery storage.

Authorised by John Grimes, Level 2, Moore St, Canberra ACT 2601.

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Sydney Harbour Marriott Hotel at Circular Quay, NSW
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