SA Libs promise to cut power bills by $302

The South Australian opposition has unveiled a plan to get subsidised batteries into homes in a bid to alleviate the state's energy problems.

Solar panels

The SA opposition will subsidise batteries into homes to alleviate the state's energy problems. (AAP)

Household power prices in South Australia would fall by more than $300 a year under an energy plan outlined by the state opposition.

The eagerly awaited plan will spend $200 million on a greater connection to the national energy market and $150 million on battery storage.

Liberal leader Steven Marshall believes the state election next March will be a referendum on energy policy, and if he wins his $550 million plan will also dump the government's state-owned power plant.

He wants to give 40,000 homes battery storage to potentially reduce electricity use at times of peak demand which he says will help limit stress on the grid and lower the price of power.

In delivering his policy, Mr Marshall took a swipe at Premier Jay Weatherill for cosying up to Elon Musk during the construction of Tesla's lithium ion battery in Jamestown.

"We are going to back South Australians who want to take charge of their electricity generation and consumption," the opposition leader said.

"Our battery program will focus on South Australians, not celebrity billionaires."

Under the Liberal plan, the battery storage subsidy will be offered to home owners through a means-tested component yet to be detailed.

Average grants are likely to be about $2500.

Gifting the batteries to a portion of the community would help the entire state, opposition energy spokesman Dan van Holst Pellekaan said.

"Every single household and every single employer in South Australia will receive reduced electricity prices through reduced wholesale prices under our plan," he said.

The household saving of $302 per year was calculated by independent experts, but won't be fully realised until at least 2021.

Premier Jay Weatherill said the government's battery at Jamestown would reduce power bills by $50 immediately.

The premier said relying on extra energy from interconnection, essentially an "extension cord" from the eastern states, would also leave SA's access to power vulnerable.

"The fundamental issue with price and reliability is lack of generation on our side of the border," Mr Weatherill said.

"The South Australian plan that we put in place is about taking control of our energy future."

The South Australian Chamber of Mines and Energy said the Liberal energy plan was a balanced approach to energy reform and recognised the importance of gas generation to the market.

Conservation SA and the South Australian Council of Social Services questioned the lack of help for renters and low-income families.


Share
3 min read

Published

Source: AAP


Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world