Full Breakdown
New “Solar Sharer” Scheme Could Cut Australian EV Running Costs by Up to $1,900 Annually
9/9/2026, 3:29:30 PM
Core Event
The Australian government’s newly announced “solar sharer” program allows households to charge electric vehicles (EVs) during a free-power period at midday. Modeling by the Institute for Energy Economics and Financial Analysis (IEEFA) shows that a single-EV household could save as much as $800 per year, while a two-EV household could see savings of up to $1,900 per year compared with a standard electricity plan.
Background & Context
EV sales in Australia recently overtook petrol-car sales for the first time, signalling a shift toward electrified transport. The Electric Vehicle Council notes that most owners already charge at home, with about 80 % using rooftop solar. Over 200 EV models are now available locally, including some priced under $25,000. The solar sharer scheme is promoted as one of the “single biggest cost-of-living measures” for Australian households.
Data & Statistics
- Potential annual savings: up to $800 (one EV) or $1,900 (two EVs).
- Household driving assumptions: average mileage used in IEEFA’s energy model.
- EV charging behavior: 80 % of owners charge at home with solar.
- Vehicle ownership: the majority of Australian homes have more than one vehicle, according to IEEFA analysis.
- EV market breadth: more than 200 models, some below $25,000.
Official Statements & Responses
- Jay Gordon, energy analyst at IEEFA, explains that charging during the midday free-power window “further lowers running costs” and that larger households with two EVs could see additional savings of over $1,000 per year.
Why It Matters
By aligning EV charging with periods of abundant solar generation, the solar sharer scheme reduces reliance on higher-priced grid electricity, directly lowering household energy bills. The projected savings could accelerate EV adoption, support Australia’s renewable-energy targets, and provide tangible relief amid rising living costs.
