Labor targets cost of living and climate with $2.3bn household battery pledge

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Energy package could save households with a solar and battery system up to $2300 a year, according to departmental analysis

Federal Labor has confirmed it will spend $2.3bn to slash the cost of household batteries by 30%, as part of a dual cost-of-living and climate action pitch to voters.

The party believes the change could save households about $4,000 on a typical battery, with expectations that more than 1m new batteries will be sold by the end of the decade.

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