If you’re an Australian homeowner looking to upgrade your hot water system to a more efficient one, you should know about the government rebates available for heat pump water heaters. These can save you money in the long run and help reduce your carbon footprint.
A heat pump water heater uses energy from the air or ground to heat your hot water, rather than running an electric element like a traditional storage tank. This means they use far less energy than traditional electric hot water systems and can save you up to 50% on your hot water bills each year.
The Federal Government’s Clean Energy Future Plan provides rebates for eligible households that install approved heat pump water heaters. Rebates are available for both residential and commercial installations, but eligibility criteria varies depending on the type of installation. Generally speaking, the rebate covers up to 15% of the cost of purchasing and installing a new heat pump water heater, up to a maximum of $1,000 per residence or business.
It’s best to contact your local energy provider before making any decisions about installing a new system. They can tell you if you’re eligible for government rebates and what other incentives might be available in your area. It’s also important to make sure that any installer you choose is accredited under the Clean Energy Council scheme – this will ensure that any work carried out is done safely and efficiently and meets all relevant standards and regulations.
Finally, it’s worth checking if your local state or territory government offers additional incentives for installing new energy efficient appliances such as heat pump water heaters. These might include cash back payments or subsidised interest rates on loans taken out for purchase or installation costs. For example, in New South Wales there is an additional rebate of $200-400 (depending on type) available when purchasing a solar-boosted solar hot water system which uses a combination of solar thermal and electric boost technology – so it pays to do some research first!
Overall, investing in a more efficient hot water system can save you money over time – especially if combined with government rebates and additional incentives available in some states or territories. Remember to check with your local energy provider before making any decisions so that you get the best deal possible!