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Men's Weekly

Australia’s $2.3 billion green energy program is funding oversized batteries and blowing out in cost

  • Written by Rohan Best, Senior Lecturer, Department of Economics, Macquarie University
Australia’s $2.3 billion green energy program is funding oversized batteries and blowing out in costKindel Media/Pexels

A federal government green energy program is subsidising unnecessarily large home batteries and blowing out in cost.

The Labor government launched its A$2.3 billion Cheaper Home Batteries Program in July, with the aim of bringing down household power bills and reducing people’s reliance on the energy grid. The program was...

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