Patent AU-2021102348-A4 (AU)
Title: IP-SB-EVTS-INP2021:: Solar Bond Transition Subsidy(SBTS) and Electric Vehicle Transition Subsidy(EVTS)- Provision of legal contracts in the form of a bond (or mortgage) for the supply of solar systems, batteries, and electric vehicles.
Inventor: BYRNES ROHAN
IPC: G06Q40/00
Filed: 2021-05-04
Granted: 2021-06-24
Abstract: IP-SB-EVTS-INP2021:: Solar Bond Transition Subsidy(SBTS) and Electric Vehicle Transition 
Subsidy(EVTS)- Provision of legal contracts in the form of a bond (or mortgage) for the 
supply of solar systems ,batteries, and electric vehicles.  
Abstract: 
Consumer-Centric concepts related to Solar Photovoltaic systems and Electric vehicles have only 
just begun in Australia. These concepts are in their infancy. Funding for Electric Vehicles is only 
available in the Australian Capital Territory though in some States and Territories some 
registration concessions do apply . As applied in this patent a different approach is taken.  
This patent links subsidies to the Australian Tax Office and Services Australia (DSS) and provides 
financial assistance or tax concessions to consumers based on the individuals taxable income.  
It includes a government contract requisition program to purchase electric vehicles at a reduced 
price(eg. 50% funding on each vehicle) that is not re-payable and a loan system linked to their tax 
return and their Tax Assessment Notice and their refund. In this way, it links income deductions to 
a vehicle loan and a concessional amount and legislation, so as to package electric vehicles to 
reduce costs of vehicles to the consumer and individuals and companies. The Commonwealth 
government runs the program and can be the purchaser, or the States and Territories can be 
included in a program of funding to reduce the costs of electric vehicles (EVs) as part of an EV 
transition.  
A "lever" form of taxation mechanism can apply to return some of this outlay or further subsidise 
the individual or company and repay funds back to the Commonwealth after the Individual or 
Company tax return assessment through the Australian Taxation Office (ATO). In this way, the 
government may develop a loan system through a corporate entity (bank or company) to subsidise 
the consumer or company, and also develop a system of return to the individual or company 
through rebates or concessions on their tax return. A refund can then be used to offset the cost of 
the loan held on a vehicle or funding contract or arrangement. This can also take into 
consideration the concept of an asset "write-off" based on the usage of the vehicle and how it is 
used. That is whether it is used privately or for business. And if it is an electrically-driven vehicle 
(EV) extra fiscal levers and mechanisms of deduction can be applied in relation to the vehicle-type 
itself. Funding Hybrid vehicles, and particularly in the case of EV vehicles, will move the 
community closer to Net-Zero. A'Lever-Funding' model which creates rebates for Hybrid Vehicles 
and EV vehicles has intrinsic value for all Australians. Currently, the cost of EV vehicles are 
approximately $60,OOOAU and a program like this is designed to increase usage in the market by 
making them more affordable. By reducing costs significantly, the market can transition.  
Currently, in early 2021, there are about 20,000 Electric Vehicles in Australia.  
The Social Security Act applies the Income and Assets assessment(Test) to apply a rate of payment 
to customers in receipt of an allowance or pension. This patent can include a link for customers, or 
consumers, on a Social Security payment. Income or Asset testing could be applied on the 
purchase of a new vehicle based on the Government's subsidy, but also linked to the customers 
age and a "risk factor" may also be applied on the customer to test their capacity to make 
re-payments. Possibly, this link to the program may be limited based on the 'Life Event' formula, 
or possibly may include a mortgage component (loan) on the customers home depending on the 
home ownership of the customer. Some younger customers can be included based on the "trust" 
factor based on the customers ability to re-pay the loan in the future (based on age and 
qualifications) or other "weighting factors". And possibly at some later date, if a young customer
purchases a house, the outstanding amount can be re-financed into the home loan, and the 
government repaid. Empowering the individual in a transition to EV vehicles while moving the 
economy forward is a rational concept to develop. A program or legislation like this also can 
increase the opportunity of building the links in the community, and encourages a consumer
centric shift towards lower emissions. To create a "circular" form of packaging where the vehicle is 
owned by the managing authority with the consumer and allows for intervention or return to 
agency if necessary also provides some extra security and risk.  
Flow Model: (Example): Regards fully funded program 
• The Clean Energy Finance Corporation(CEFC) funds the 'Electric Vehicle Transition Subsidy' 
(EVTS) or the 'Solar Bond Transition Subsidy'(SBTS) programs through legislation or 
throughan Act of Parliament. (Funded at, for example, $3 Billion per annum).  
• The CEFC funds relevant and administers these programs through the relevant departments.  
Legislation and program development is implemented through the Australian Taxation 
Office(ATO) and the Department of Social Security.  
• Consumers are targeted through Data matching processes based on income and assets and 
current vehicle type through individual or company tax returns: 
- Main target groups are small business owners 
- Main target groups are individuals or couple with income over $100,000 Per Year 
- Main target groups are Pensioners who are homeowners.  
- Main target groups are larger companies and fleet owners.  
• Assessment and contract based on their capacity to re-pay loan. Guaranteed loan secured 
on principal home or company assets or attached to a Higher Education Scheme(HECS).  
• Re-payment of loan through their tax refund or attached or regular monthly amount.  
• At the end of the term(eg. 7 years) discussions on refinance of loan or payout or cashback 
payout based on depreciation. Government or authority can re-possess vehicle if 
necessary. If a customer enters nursing care loan can be re-packaged on their nursing 
home package or paid out from their sale of their home.
The consumer-centric concept can be used in relation to concepts based on solar power and 
photovoltaic batteries and domestic storage batteries, to the extent, where it applies to 
investment properties, holiday homes, and to new homes as assets held by individuals.  
Solar technology now can facilitate Virtual Power Plants (VPP) through solar batteries to firm and 
stabilise the Australian Energy Market through "direct-demand" technology which only feeds back 
to the energy grid on request when power is requested by the grid, through wireless or even 
satellite links. This technology is now becoming available. VPP has the potential to revolutionise 
the Solar and battery storage market, and coupled with funding to build smaller Grid batteries in 
commercial zones, or suitable urban areas will help to transform the national Energy market. With 
energy companies or the government improving infrastructure with "lines and wires" this will 
build renewable capacity further. It is a new process, or concept, to link this technology to the 
energy grid through a bond or contract funded by the Commonwealth or the State governments.  
This patent, as part of the Income and Assets Test and with the use of taxation levers, includes the 
concept of a 'Solar Bond'. The Bond can be applied to the consumer or investor or homeowner to 
provide rebates and tax incentives to create a more equitable economy and to increase savings 
measures for individuals who are renting in the property market. A bond or legal contract is 
created by the Commonwealth or the States for investors entering or exiting the property market.  
It also can be applied to consumers or customers intending to purchase a new home. A bond for a 
homeowner, or even new legislation for new homeowners to include solar and battery storage as 
a requirement, will also shift the market. Certainly, if the Commonwealth or the States and 
Territories developed legislation enacted by parliament to encourage a concept like the 'Solar 
Bond' this concept has significant potential in the marketplace. This concept is designed to "open 
the door" to more funding for individuals and businesses. The Commonwealth or the States and 
Territories apply a "lever" or an assessment based on the Taxable Income and the Social Security 
Income and Assets Test in Australia.  
An assessment is made based on the Income and Assets Test applied through the Social Security 
Act and, or, through an income assessment process through the Australian Taxation Office (ATO).  
This concept is linked back to the Individual through an Income and Assets test. It could be applied 
using one component of the test or both. This can then determine the suitability for an individual 
for the installation of solar power and a battery storage unit on to their premises.  
The bond, (or contract), is then secured against the individual's home, through the 
Commonwealth or the States and Territory governments as the guarantor or lender. This builds 
further potential for the Commonwealth or the States and Territories to build solar and VPP 
throughout the commercial and domestic sector.  
A bond or contract with the consumer has the potential to also be written down through an Assets 
"write-down" process by the Tax Office. It also leads into a process where companies can manage 
,or be funded to manage, VPP systems through the government or through commercial contracts.  
This then enables the government to engage in large scale Virtual Power Plant funding to increase 
savings for consumers and companies to increase individual and corporate wealth and to 
encourage savings. It also enables individuals to manage their own power generation. Through 
Virtual Power Plants(VPP) the energy grid becomes a more flexible tool for power generation.  
If the Commonwealth or the States can also provide further grid stabilisation by adding small Grid
batteries this will also empower and "firm" the grid. If governments were to also intervene to set 
a 'Feed-In' tariff price nationally, or on the State level, this may also assist. This also assists 
companies and fund managers to target particular areas to shift to solar roof and battery storage.  
A bond(contract) concept can carry over to an Income and Assets test for Age Pensioners who can 
be assessed for a battery or Solar Power plant at the time of their Age Pension assessment.  
Whereas previously this may have appeared a difficult concept, newer 'Baby-Boomer' and 
younger generations can plug into their own power and micro-grids, and the National Energy 
Market can then build. Currently, the weighting of investment and the separation of 
Commonwealth and State powers and the management of the electricity grid lends itself to large 
corporate management and well-funded power companies to generate power for consumers and 
smaller businesses. The true future for the energy grid lies not only in self-funding but in direct 
grants. This can shift the emphasis for to smaller scale consumer-centric power generation. Setting 
a scale of assistance to this funding based on an income assessment or an Income and Assets 
model provides the flexibility to apply a qualification or an entitlement to the service and 
installation.  
Included in this concept is the inherent aspect related to provision of Aged Care or nursing home 
services in that the Solar Bond or Electric Vehicle(EV) legislation and contracts or incentives and 
rebates can be attached to a nursing home bond or a caveat over the principal family home if an 
aged customer enters into care.  
This is the primary aspect of this patent.  
Flow Model: (Example): Regards fully funded program 
• The Clean Energy Finance Corporation(CEFC) funds the 'Electric Vehicle Transition Subsidy' 
(EVTS) or the 'Solar Bond Transition Subsidy'(SBTS) programs through legislation or 
throughan Act of Parliament. (Funded at, for example, $3 Billion per annum).  
• The CEFC funds and administers these programs through the relevant departments.  
Legislation and program development is implemented through the Australian Taxation 
Office(ATO) and the Department of Social Security.  
• The CEFC commits to providing $10,000 for Battery storage capacity for each installation.  
Commercial zones and districts may be negotiated individually and are dependent on size.  
The CEFC may even contract energy companies to manage, create its own energy 
company, or use fund managers to manage co-operatives. Setting of Feed-In tariff or 
adjustment on an individual co-operative basis.  
• Liaison between Solar Companies for Instal of PV Solar Roof and ARENA for Battery Storage.  
• Commercial zones are targeted for installation of small Grid batteries by ARENA or CEFC.  
• Consumers are targeted through Data matching processes based on income and assets and 
by Services Australia. ATO track income through individual or company tax returns: 
- Main target groups are small business owners and companies 
- Main target groups are first home buyers 
- Main target groups are individuals or couples for income over $100,000 PA 
- Main target groups are Pensioners who are homeowners.  
- Main target groups are larger companies and factory zones. Larger zones 
may include EV charging installations.  
• Assessment and contract based on their capacity to re-pay loan. Companies and smaller 
commercial zones may be managed directly through ARENA or some other agency.
* Re-payment of loan through their tax refund or by agreed regular monthly loan repayment.  
For homeowners or property investors the Bond or contract is paid out at the time of sale 
of the property. For pensioner customers who enters nursing care, loan can be re
packaged on their nursing home package or paid out from their sale of their home at a 
later date.  
Australia's Energy market Generation -28 July 2020 
Energy resources 
Australia's generation mix is rapidly transforming. Here are the generation resources that make up 
our National Electricity Market.  
Annual generation by fuel type (2019/20) 
68.39% 8.04% 7.53% 7.12% 
135.92TWh 15.98TWh 14.97TWh 14.15TVh 
Coal Gas Wind Hydro 
2.93% 5.95% 0.04% 100.00% 
5.82TWh 11.82TWh O.OTIWh 198.73TWh 
Grid-scale Roaftop Solar Battery Energy All resources 
Solar Storage Systems 
https://aemo.com.au/-/media/files/electricity/nem/national-electricity-market-fact-sheet.pdf 
Energy Market and Community Solar and Batteries 
https://aemo.com.au/-/media/files/electricity/nem/national-electricity-market-fact-sheet.pdf 
https://www.energy.gov.au/government-priorities/energy-programs/energy-efficient-communities
program 
https://www.ausgrid.com.au/In-your-community/Community-Batteries 
https://www.transformable.com.au/blog/virtual-power-plants
explained?gclid=CjwKCAiwi6SEBhAOEiwAvFRuKIRaWR3YZcRrZMFnbPJ4JQZuYZo8tiMY4resQDcXJLnI 
aFsAoJl xoCnUIQAvD BwE 
https://arena.gov.au/assets/2020/08/community-batteries-cost-benefit-analysis.pdf 
https://www.quarterlyessay.com.au/essay/2021/03/getting-to-zero
https://reneweconomy.com. au/comm u nity-battery-sto rage-wil 1-hel p-d u mb-networks-catch-u p
with -e n ergV-tra ns itio n-63654/ 
http~s://onestep~offthegrid.com.au/sixth-tesla-community-batterV-installed-in-western-austraia
powerbank-trial/ 
https://onestepoffthegrid.com.au/communit-batterV-solar-sponges-to-be-trialled-across
melbourne-network! 
Electric Vehicles: 
https://www.aph.gov.au/ParliamentarVBusiness/Committees/Senate/Electric Vehicles/ElectricV 
ehicies/Report/c03 
https://electricvehicecouncil.com.au/wp-content/uploads/2020/08/EVC-State-of-EVs-2020
report.pdf 
https://arena.gov.au/renewable-energV/electric-vehicies/ 
https://www.environment.act.gov.au/cc/zero-emissions-vehicies 
https://infrastructure.org.au/ruc-for-evs/ 
https://arena.gov.au/blog/charge-together-fleets/ 
https://arena.gov.au/projects/south-australian-electric-vehicle-adoption/ 
file:///C:/Users/ROHANB-1/AppData/Local/Temp/Sub 46 attach%201-2.pdf 
https://thedriven.io/2020/12/23/how-man-electric-cars-are-there-in-australia-and-where-are
they/