When it comes to improving the energy efficiency of your home, a heat recovery system can be a great option. But one of the first questions that many homeowners in Australia ask is whether or not these systems are expensive to install and maintain. The answer, like with most things in life, is that it depends.
In terms of installation costs, a heat recovery system can certainly be a significant investment. However, it’s important to remember that these systems can help to significantly reduce your energy bills in the long run. In fact, according to the Australian Government’s Your Home website, a heat recovery system can help to reduce your heating and cooling costs by up to 30%.
When it comes to maintenance costs, a heat recovery system is generally considered to be low maintenance. These systems typically only require a few simple tasks to be carried out on a regular basis, such as cleaning or replacing filters. However, it’s important to note that regular professional maintenance will be required to ensure optimal performance and longevity.
It’s worth keeping in mind that the costs of a heat recovery system can vary depending on the size and complexity of the system, as well as the type of building it will be installed in. For example, installing a heat recovery system in a new build will likely be less expensive than retrofitting an existing home.
To give you an idea of costs, the Australian Government’s Your Home website estimates that the cost of a heat recovery system for a new build can range from $1,000 to $4,000. For a retrofit, the cost can range from $2,000 to $8,000. Of course, these costs will vary depending on the specific system and the location of the property.
It’s also worth noting that there are government rebates and incentives available for homeowners who choose to install a heat recovery system. For example, the Australian Government’s Small-scale Technology Certificates (STCs) scheme provides homeowners with financial incentives for installing renewable energy systems, including heat recovery systems.
In conclusion, a heat recovery system can be a significant investment, but it’s important to remember that these systems can help to significantly reduce your energy bills in the long run. It’s also worth noting that regular professional maintenance will be required to ensure optimal performance and longevity. Additionally, it’s worth checking if there are government rebates and incentives available for homeowners who choose to install a heat recovery system, this could help to reduce the costs.