How to Set Up the New SRES Battery Rebate in OpenSolar

Summary:

This article walks you through how to add the new Cheaper Home Batteries Incentive, so you can apply it to proposals straight away.

⚠️ Important for existing users: If you have already created a manual Cheaper Homes Batteries incentive, you should delete it before adding this incentive, to avoid double-adding STCs.

The rebate will come into effect from Tuesday 1 July, following the Australian Parliament’s approval. See more information here: https://www.dcceew.gov.au/energy/programs/cheaper-home-batteries

How to Add the Cheaper Home Batteries incentive:

• Go to Control > Other > Incentives.
• Click Add New Incentive. This is where you can configure additional rebates, tariffs, and custom incentives.
• Select "Cheaper Home Batteries Program" as your Incentive Type
• Set the STC price at your preferred price
• Set the Years Remaining to 6 (from 2025 until the end of 2030).  
• Optional: set a cap amount. 

Note: you can choose to Auto-apply the incentive, so that it is included by default in eligible projects. When doing this, you can choose the auto-apply settings. To do this:

• Enter a Cap Amount. The rebate applies to batteries up to 100kWh, but will only be applied to 50Kwh of usable capacity. To enforce this cap for batteries 50-100kWh, enter a Cap Amount equal to your STC price * 9.3 * 50. For example, a $34 per STC price, with 9.3 STCs/ kWh up to 50kWh, would have a cap of $15,810 (34*9.3*50). 
• Enter an auto apply max battery size of 100kWh.
• Enter an auto apply min battery size of 5kWh.
• Select "Usable" as Capacity Type.
• Click Save.

Have an existing project but the incentive is not showing?

Once set up, you will need to manually recalculate any relevant in-flight projects to update pricing.

See here for how to do this: https://support.opensolar.com/hc/en-us/articles/4406931163929-Recalculate-to-factor-in-recent-changes-to-your-proposal