{"id":18009,"date":"2021-09-15T10:35:22","date_gmt":"2021-09-15T00:35:22","guid":{"rendered":"https:\/\/www.originenergy.com.au\/blog\/?p=18009"},"modified":"2023-11-28T11:02:17","modified_gmt":"2023-11-28T01:02:17","slug":"origins-2021-future-energy-report","status":"publish","type":"post","link":"https:\/\/www.originenergy.com.au\/blog\/origins-2021-future-energy-report\/","title":{"rendered":"Introducing Origin’s 2021 Future Energy Report"},"content":{"rendered":"\n

Customers are more engaged in energy than ever and embracing cleaner and smarter energy solutions, according to 2021 Future Energy Report.<\/p>\n\n\n\n

Now in its fourth year, the Future Energy Report\u2019s been tracking Australia\u2019s evolving attitudes and behaviours on what sits behind the switch. Including how people are using energy, adoption of technology, and their views on a rapidly changing energy landscape.<\/p>\n\n\n\n

Battery powered<\/h2>\n\n\n\n

Headlining this year\u2019s report is strong interest in home batteries and other low carbon energy technologies. 85% of Australians believe that home batteries will eventually be as common as TVs in Australian homes. And for homes that already have a battery, 65% of them are happy with the value they are getting from it. However, 76% of people without a home battery believe they’re too expensive to install today.<\/p>\n\n\n\n

\u201cWith tremendous growth in rooftop solar over the past decade, the way we interact with energy has changed dramatically and Australians are increasingly turning to smarter and cleaner energy solutions to help them reduce their energy costs,\u201d according to Origin\u2019s head of retail, Jon Briskin.<\/p>\n\n\n\n

\u201cThe key to accelerating the adoption of home batteries lies in helping to make them more accessible and affordable for more Australians by finding ways to lower the higher upfront cost and deliver greater value, with connection to a Virtual Power Plants being one way to do that.\u201d<\/p>\n\n\n\n

The report also found that Australians are open to allowing energy companies to help manage their energy use and remotely control services such as air-conditioning, hot water and EV charging or connecting to a virtual power plant, with 84% of Australians saying they were interested in demand management.<\/p>\n\n\n\n

Driving towards an electric future<\/h2>\n\n\n\n

The report found nearly half of Australians would consider an EV if buying a new car today, and 31% believe their children would learn to drive in an EV within the next 10 years.<\/p>\n\n\n\n

However, the lower fuel and maintenance costs of EVs may not be well understood because 72% of Australians said that the cost of EVs was preventing them from buying one.<\/p>\n\n\n\n

\u201cWe expect that EV sales will accelerate when the cost of buying a new EV reaches parity with petrol engine vehicles around the middle of this decade,\u201d Mr Briskin said.<\/p>\n\n\n\n

\u201cUntil then, supportive coordinated national policy can help play an important role in addressing the higher upfront cost of EVs. The recent incentives announced in Victoria and New South Wales are a step in the right direction, as we’ve seen government incentives drive rapid uptake of EVs across parts of Europe and the United Kingdom.\u201d<\/p>\n\n\n\n

The hip pocket test<\/h2>\n\n\n\n

Unsurprisingly, the report shows that while interest in energy is at an all-time high. Cost remains the number one priority for most Australians in choosing an energy provider, as well as investing in energy technologies such as solar, home batteries and electric vehicles.<\/p>\n\n\n\n

\u201cSimilar to the exponential growth we have seen in rooftop solar over the past decade, once the value of batteries and EVs are clear for customers, we expect to see more Australians adopt a tech-driven clean energy future,\u201d Mr Briskin said.<\/p>\n\n\n\n

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A sunny disposition <\/h2>\n\n\n\n

Of all Australians surveyed, unsurprisingly it\u2019s solar households that have the highest levels of energy literacy and are more likely to actively manage their energy use.<\/p>\n\n\n\n

More than two-thirds of Australians with solar say that having solar has made them more engaged with energy overall, 74% say it has made them more interested in managing their home\u2019s energy, and 59% say it has made them more interested in getting other energy related technology for their home.<\/p>\n\n\n\n

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Comparison of Australian’s with and without solar panels.<\/figcaption><\/figure>\n\n\n\n

The future is now<\/h2>\n\n\n\n

\u201cRight now, is an exciting time for customers, with a smarter, cleaner and more connected energy system helping give them more power and control over their energy use and bills,\u201d Origin\u2019s Jon Briskin said.<\/p>\n\n\n\n

\u201cPeople are becoming more engaged with energy, with solar acting as an entry point, and the pandemic accelerating this change. We expect this engagement to continue to increase with more growth in connected smart devices, and further changes to the way energy’s generated, distributed and stored.\u201d<\/p>\n\n\n\n

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<\/p>\n\n\n\n

The full picture<\/h2>\n\n\n\n

Want to find out more about our nation’s energy future?<\/p>\n\n\n\n

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Download a copy of the 2021 Future Energy Report<\/a><\/div>\n<\/div>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

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