The Australian Government is offering a rebate of $1,600 to install a solar hot water system or $1,000 to install a heat pump hot water system. This is to help eligible home-owners, landlords or tenants to replace their electric storage hot water systems with solar or heat pump hot water systems. This offer is part of the Government’s Energy Efficient Homes Package which came into effect on 3 February 2009.
The Solar Hot Water Rebate will help people save money on their power bills and reduce their household’s greenhouse gas emissions. Water heating is the largest single source of greenhouse gas emissions from the average Australian home, accounting for around 25 per cent of home energy use (excluding the family car).
Installing a climate friendly hot water system can save a family up to $700 off their energy bills each year.
For more information check out www.environment.gov.au.
This rebate can be used in combination with any Renewable Energy Certificates (RECs) that you may be eligible for, saving you even more on a new solar hot water system or heat pump for your home. For more information on RECs check out www.orer.gov.au.