Bill Shorten promises rebates to 100,000 households to help reduce power bills
Bill Shorten is promising rebates to 100,000 households to help install batteries and reduce domestic power bills, under an extensive policy to bring down costs and reduce emissions.
And, in a direct challenge, and to wedge the coalition, Mr Shorten will retain the Turnbull Government's so-called National Energy Guarantee, to ensure reliable, cheaper, and cleaner power sources.
In what he's calling a "renewables revolution", Mr Shorten is also committing billions of dollars to invest in, and underwrite, clean energy projects.
The rebate, of $2000, would be available to households on incomes less than $180,000, along with low-cost loans.
Mr Shorten has set a target of a million household battery installations by 2025, compared to the current 50,000.
"We just want to put some incentive in the system so we can have a battery production industry," Mr Shorten said.
He said it was a "modest amount" but a "sensible way" to help families.
Mr Shorten says the Smart Energy Council has estimated solar panels and battery storage could save up to 60 percent in household bills.
Stored energy would also put less pressure on the power grids.
"We want to work with families and businesses to get their prices down," Mr Shorten told the Today Show.
"We are going to steer the nation to the future."
Labor is re-affirming its targets of 50 percent renewables by 2030, and a 45 percent cut in emissions, compared to the government's 26 percent.
Mr Shorten said he's prepared to work with the Morrison Government but "won't for them."