Are you considering installing a hot water heat pump in your home? It’s a great way to save energy and money on your energy bills. But did you know that the Australian government has a range of rebates and incentives available for those who install a hot water heat pump?
In Australia, the various state governments offer different types of rebates and incentives for installing renewable energy systems such as hot water heat pumps. These can often be in the form of upfront discounts or long-term savings.
For example, the Victorian government offers a rebate of up to $1,000 for new solar hot water systems, and up to $2,000 for replacing an existing system with a more efficient model. The rebate is provided by the Victorian Energy Upgrades program.
The New South Wales government also offers an incentive scheme which provides financial assistance for households who install solar hot water systems or electric heat pumps. This scheme is known as the Solar Hot Water Rebate Program and it provides up to $1,000 towards installation costs.
In Queensland there are two types of rebates offered to homeowners who install energy-efficient appliances such as solar hot water systems or electric heat pumps. The first is an upfront discount of up to $1,000 on installation costs (available through Queensland’s Solar Bonus Scheme). The second is an ongoing annual payment for each megawatt hour (MWh) generated by your solar system or electric heat pump (available through Queensland’s Feed-in Tariff Scheme).
Western Australia also has rebates available for those who install a solar hot water system or an electric heat pump. These are offered through Western Australia’s Home Energy Upgrade Program and are available for both new installations and upgrades to existing systems. Eligible households can receive up to $2,000 back on their installation costs.
Finally, South Australia has several rebate programs available to households that install renewable energy technologies such as solar hot water systems or electric heat pumps. These include the Solar Hot Water Heater Rebate which offers eligible households up to $750 off their purchase price; and the Solar Subsidy Scheme which offers eligible households up to $600 off their purchase price plus ongoing payments per kilowatt hour produced by their system.
So if you’re thinking about installing a hot water heat pump in your home then it’s definitely worth looking into whether there are any government rebates or incentives available in your area – you could end up saving yourself some serious money!