Average Battery Size: The average home battery size in 2024 was approximately 11.75kWh, but smaller batteries (5–10kWh) are common, especially for cost-conscious households.
Market Trends: Smaller batteries, including those around 7kWh, are popular due to affordability, especially with state and upcoming federal rebates. The Northern Territory and South Australia show high battery attachment rates (up to 80% and 14.9% of solar installations, respectively), suggesting demand for various battery sizes
Quantitative Estimate: In 2024, about one in three new solar installations included a battery, totaling around 75,000 units. With the federal rebate starting in July 2025, and considering the 61.7% growth in 2024, sales could increase significantly. Assuming a conservative 30–50% increase in sales due to the rebate (based on historical trends with solar subsidies and current growth rates), we can estimate 90,000 to 120,000 home batteries could be sold in FY 2025-2026.
FY 2025-2026: Approximately 600+ Whispr7 units projected, with growth driven by the federal Cheaper Home Batteries Program and favorable economic conditions That would be around 5% of the market.
FY 2025-2026
- Low-End Estimate:
- Units: 6,000
- Price: AUD 7,000
- Revenue: 6,000 × 7,000 = AUD 42,000,000
- High-End Estimate:
- Units: 6,000
- Price: AUD 9,000
- Revenue: 6,000 × 9,000 = AUD 54,000,000
- Revenue Range: AUD 42 million to AUD 54 million
This is just 5% of the market and just the Whispr-7 so this is all new revenue for them, tacked on to what they already receive. People are not understanding the significance of this, Add this to 40 million plus for CIB, and we are a MC of what?
(20min delay)