How much does battery storage cost? – AEF | Australian Energy Foundation

How much does battery storage cost?

 Last updated: April 2021

Batteries cost between $1,000 to $2,000 per kWh of storage capacity, after installation. 

A typical household can expect to pay anywhere between $7,000 to $30,000 depending on the size of the battery and preferred model. That price does not factor in any rebates that may be available.

Here are some examples of common batteries and approximate prices.

Enphase Battery


1.2kWh battery - $2000

LG Chem

LG Chem

8.8.kWh LG Chem RESU - $10,000

Tesla Battery


13.5kWh Tesla Powerall 2 - $16,500-$18,000


4 kWh ($7,000) up to 24 kWh ($27,000).

Please note, this is a rough guide. An installer will be able to accurately size and quote a system for you.

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