"Anthony Albanese will promise a Labor government would deliver a discount to
cut the cost of electric cars and install community batteries, in modest
initiatives costing $400 million over several years.
The announcement, to be made Wednesday, comes as Labor debates its platform at
a “virtual” national conference involving some 400 participants.
At present only 0.7% of cars sold in Australia are electric – considerably
under the global average of 4.2%. There are only about 20,000 electric cars
registered in Australia.
Labor’s policy would cut taxes on non-luxury vehicles – the luxury threshold is
$77,565 in 2020-21 – exempting them from tariffs and fringe benefits tax."
"The community batteries would help households who have solar panels but do not
have their own battery storage, which is expensive.
Australia has one in five households with solar, but only one in 60 households
has battery storage, which gives the capacity to draw overnight on the solar
energy produced during the day.
Labor would spend $200 million over four years to install 400 community
batteries across the country. This would assist up to 100,000 households.
Albanese and Bowen said the measure would cut power bills, reduce demands on
the grid at peak times and lower emissions.
“Households that can’t install solar (like apartments and renters) can
participate by drawing from excess energy stored in community batteries.”
A community battery is about the size of 4WD vehicle and provides about 500kWH
of storage that can support up to 250 local households."
Good to finally see some sensible policies!
Share and enjoy,
*** Xanni ***
Chief Scientist, Xanadu
Partner, Glass Wings
Manager, Serious Cybernetics