In a major boost for sustainable home upgrades, the Commonwealth Bank of Australia (CommBank) has launched a $1,300 cash relief offer in 2025 for eligible Australian homeowners purchasing the Tesla Powerwall 3. This limited-time incentive, available through Wattle Powr, is part of CommBank’s commitment to helping Australians adopt clean energy while reducing household energy costs.
From interest-free financing to stacking state-based rebates worth up to $15,000, this guide breaks down everything you need to know- eligibility, savings, how to claim the offer, and more.
Highlights of Commonwealth Bank’s $1,300 Tesla Battery Rebate
- Offer Name: CommBank $1,300 Cash Relief for Tesla Powerwall 3
- Offer Value: $1,300 discount (excluding GST and installation)
- Valid Dates: November 12, 2024 – March 31, 2025
- Eligibility: Residential customers in select Australian regions
- Purchase Partner: Wattle Powr (Certified Tesla Installer)
- Financing: Interest-free InstalPay option for CommBank customers
- Bonus Rebates: Up to $15,000 available through state-based incentives
- Product: Tesla Powerwall 3 – 13.5 kWh battery with 10-year warranty
Benefits of CommBank’s Tesla Powerwall Offer
• Instant $1,300 discount on the Powerwall 3 purchase
• No-interest financing via InstalPay for approved CommBank customers
• Access to state battery rebates worth thousands of dollars
• Energy savings through peak-hour independence
• Clean energy adoption that supports Australia’s net-zero goals
What Is the Tesla Powerwall 3?
The Tesla Powerwall 3 is a next-generation home battery system that stores excess solar energy or off-peak grid electricity for later use. It allows homeowners to power their homes even during blackouts or peak electricity hours, reducing dependency on the grid and lowering energy bills.
Key Features:
• 13.5 kWh usable energy capacity
• 10-year warranty
• Seamless blackout protection
• Compatibility with existing solar systems
Who Is Eligible?
To receive the $1,300 CommBank rebate, the following eligibility criteria must be met:
1. Purchase Period
• Must purchase between November 12, 2024, to March 31, 2025
• Installation can occur later, but the agreement must be finalized within the offer window
2. Purchase Partner
• The Powerwall 3 must be purchased through Wattle Power, an approved Tesla installer
3. Service Area
• Available in the following regions:
– New South Wales (NSW)
– Victoria (VIC)
– Australian Capital Territory (ACT)
– South East Queensland
– Metro Perth
– Metro Adelaide
4. CommBank Financing (Optional)
• You don’t need to be a CommBank customer to get the rebate
• To access InstalPay (interest-free financing), you must:
– Hold a CommBank transaction account
– Use NetBank or the CommBank app
InstalPay Financing Details
CommBank’s InstalPay is a zero-interest financing option to make clean energy solutions more affordable.
• Loan amount: $1,000 to $30,000
• Term: 1–5 years
• Interest Rate: 0% p.a.
• Account Fees: $0 monthly or annual fees
• Eligibility: Subject to standard credit approval criteria
Maximize Your Savings with State Rebates
You can combine the CommBank offer with government incentives for even greater savings:
| State/Territory | Rebate Amount | Scheme Details |
|---|---|---|
| NSW | Up to $2,400 | Via Empowering Homes Program |
| VIC | Up to $8,800 | Interest-free solar battery loans |
| ACT | Up to $15,000 | Zero-interest solar + battery loan |
| WA | Up to $7,500 | New scheme launching July 2025 |
| NT | Up to $12,000 | $400 per kWh via Battery Scheme |
Why Invest in a Home Battery System?
1. Energy Independence
Use stored solar power at night or during cloudy days, reducing grid reliance.
2. Protection from Blackouts
Seamlessly switch to stored power during outages.
3. Bill Savings
Avoid expensive electricity rates during peak demand hours.
4. Support Sustainability
Reduce your home’s carbon footprint and help meet renewable energy targets.
How to Claim the $1,300 CommBank Tesla Powerwall Offer
Follow these simple steps:
-
Check if you’re in an eligible service area
-
Visit Wattle Powr and request a quote
-
Confirm your eligibility and sign the purchase agreement before March 31, 2025
-
Apply for InstalPay via CommBank NetBank/App (optional)
-
Schedule installation with Wattle Powr
-
Apply for applicable state government rebates for extra savings
FAQs
Q: Is the $1,300 rebate a refund or an upfront discount?
A: It’s an instant discount applied to your quote via Wattle Powr.
Q: Do I need to be a CommBank customer?
A: No, but InstalPay financing is exclusive to CommBank account holders.
Q: Do I need existing solar panels to qualify?
A: No, but solar panels significantly increase the value of the Powerwall. Bundled systems are available.
Q: Can I still claim if I purchase after March 31, 2025?
A: No. The $1,300 discount only applies to purchases finalized within the offer period.
Q: Is this offer open to businesses or commercial users?
A: No, this rebate is strictly for residential homeowners.
Final Thoughts
With rising electricity costs and growing focus on sustainability, CommBank’s $1,300 Tesla Powerwall 3 incentive is a timely opportunity for Australian homeowners. Paired with state rebates and zero-interest loans, it significantly lowers the financial barrier to clean energy adoption.
If you’re ready to reduce your carbon footprint and gain energy independence, now is the time to act. The offer is valid until March 31, 2025—don’t miss your chance to power your home with smarter energy.
For More Information & Applications:
Visit the CommBank Home Energy Upgrades page or contact Wattle Powr directly.