residential ESS project financing options in Australia 2026

By Energy Storage News · · 3-5 min read

What is the energy savings scheme (ESS)?

The Energy Savings Scheme (ESS) aims to deliver cost-effective energy savings for NSW households and businesses by providing financial incentives to install energy-efficient equipment and appliances. The Energy Savings Scheme also incentivises energy retailers and large energy users to reduce their use of fossil fuels.

How much will Australia spend on energy upgrades in ?

In the –24 Budget, the Australian Government allocated $1.3 billion to establish the Household Energy Upgrades Fund. The Clean Energy Finance Corporation will have $1 billion to partner with banks and other lenders to offer low-cost finance and mortgages for energy performance upgrades to more than 110,000 homes.

What funding and finance solutions do we need?

Seven funding and finance solutions are recommended, including: Establishing a Special Purpose Funding Vehicle, with an initial Federal Government injection of $2 billion, topped up by other sources, to invest in deep and rapid energy performance and climate-resilience retrofit programs, tailored across low-income housing tenure types.

Does South Australia have a special purpose finance vehicle?

Case Study: South Australia Government have in place a Special Purpose Finance Vehicle in partnership with the CEFC, ARENA and Tesla to deliver solar and batteries to social housing. Noting the advantage of solar and batteries is it is relatively straight forward to identify return on investment. Does not rely solely on government funds.

Are community housing providers able to do energy performance and climate-resilience retrofits?

Typically, Community Housing Providers do not have project development, delivery expertise and capacity to do energy performance and climate-resilience retrofits. Lack of appropriate rating tools to support energy performance and climate resilience retrofits. Lack of verification and certification processes.

How much will Australia spend on a new energy skills program?

The Government has also set aside $9.6 million over 4 years from -23 for a New Energy Skills Program to provide additional training pathways. Jobs and Skills Australia will develop a Clean Energy Capacity Study, providing evidence and insights to support Australia’s clean energy sector workforce.

Housing | Budget –26

The Government is supporting a pipeline of 55,000 social and affordable homes through initiatives like the Housing Australia Future Fund (HAFF) and the Social Housing Accelerator.

Australia Residential PV + ESS + EV Charging Project

This integrated residential energy solution features solar power generation, battery storage, and electric vehicle charging. The setup includes a Smart EV Charger G2, SolaX X1-Hybrid G4

Grants and funding

At Richmond Residential, we offer expert funding solutions tailored to residential, commercial and mixed-use developments. With deep industry knowledge and a personalised approach, we

Funding and Financing Energy Performance and Climate

Through pursuing long-term green, social or other bonds, the Federal Government can play an important role in providing lower-cost and longer-term finance options for state and territory

Energy Savings Scheme

Between and , the Scheme has supported projects that will deliver 57,000 gigawatt hours (GWh) of energy savings over their lifetime. As of December , the Scheme has

Residential Insights

Our analysis suggests this program will be highly attractive to developers and could significantly contribute to the government’s target of 75,000 new homes annually through . Download our insights article to read more

Residential Insights

NSW's $1B Pre-Sale Finance Guarantee is a boost for housing and will back 50% of pre-sales in residential projects, helping developers secure financing with 10% discounts on dwellings under $2M to boost housing supply.

Five Build-to-Rent Projects Under Way in Australia

Australia’s property market is transforming as build-to-rent rises to meet housing demand and redefine the rental experience. Ahead of The Urban Developer’s highly anticipated Build-to-Rent Feasibilities Virtual Course, we’ve highlighted

Equis starts building 500 MWh Tesla battery in

Equis starts building 500 MWh Tesla battery in Australia after securing merchant debt financing The 250 MW/500 MWh battery energy storage system (BESS) has secured an energy offtake agreement, from

Financing and Grants in Australia: By Dwelling Type –

Buying a home in Australia is a complex journey – not only must you choose the right type of property, you also need to navigate financing options and government support programs. This detailed guide walks Australian

Australia’s Largest 1.35 GW Hybrid Solar and Storage

Eurimbula project approved under Australia’s grid connection rigorous standards — set to lead the way for renewable stability in the NEM.

Role of BESS in Achieving 82% Renewables in

This extract is from a recent report by Climate Energy Finance. The report highlights the rapid progress in Australia’s electricity sector transition, emphasising that the nation is on track to achieve its ambitious target of 82%

Home Battery Storage & Energy Solutions for Home & Business

Sigenergy offers home battery storage, residential ESS, and commercial solar solutions. Explore our innovative energy storage systems for sustainable power management.

Residential Energy Storage | Solar Backup Systems

Invest in the future with our residential energy storage system from Sungrow. We offer the solar energy storage solution for homes so that homeowners can optimize the advantages of their

AUSTRALIA: An Introduction to Project Finance

Fewer and Smaller Deals The global trend of being a challenging year for project finance was reflected in the Australian market with volume and deal count down materially from

Residential Property Development Finance

Residential property development financing provides funding for land, construction, and project costs, keeping developments on track. Choosing the right loan for residential property development in Australia depends on

residential ESS project financing options in Australia 2026

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