This proposal is quite bogus.
As it is, I am charged $0.34 per KWH for the power used, and my solar feed in is credited to me at $0.10 per KWH, so the power company is already making $0.24 per KWH from my power at no cost to them. Now they want to steal my power from me charge me as well!!!!
Yes, I would like to install batteries but I cannot afford to do so.
This extra charge will only increase the power company profits and as I understand it, here in Australia, they are very profitable as it is.
This is just a cynical greedy grab for even more.
The power companies have not kept up with the upgrading of the network as they should have and now they want to slug the users who have gone to the effort to reduce their reliance on the network. We should be rewarded, not penalized. As it is, the feed in tariff is to low.
I have 10KW here and the power I have fed in over the last few years, and them reselling it, would quite easily be enough for the power company to install batteries here at no cost to me. If they want to "fix" the problem, let them install batteries at the houses to take up the excess.
I will not hold my breath for that!