Australian Leader Unveils $1.4 Billion Plan to Reduce Power Bills
This article is for subscribers only.
Australian Prime Minister Anthony Albanese pledged to slash household energy bills with a A$2.3 billion ($1.4 billion) plan to lower the price of home batteries, as his center-left government focuses on cost-of-living pressures ahead of the May 3 election.
Households, small businesses and community facilities will be eligible for a 30% discount on installed battery costs, saving about A$4,000 on a typical system, Albanese and Climate Change and Energy Minister Chris Bowen said in statement Sunday.