Battery Storage a large step closer
Only a small percentage of households receive a financial benefit from the installation of a 5kW solar system and 13.5kWh battery storage system. This situation is due to change rapidly. If current system price reductions continue then over 50% of households will benefit after installing the same system in only 3 to 6 years.
How the AEMC Smart Meter Rollout is a Missed Opportunity
The list of services supported by the AEMC Smart Meter rollout is inadequate to manage the impact of solar and battery storage systems on the distribution network. Failing to support a voltage service is a missed opportunity potentially adversely affecting the quality, reliability and cost of electricity for all electricity consumers.