Installation savings with rebates and incentives.
Depending on where you live in Australia and various other criteria, you may be eligible for a number of different government incentives and rebates that can greatly reduce the installation costs of a solar hot water system.
Not only does this make it an even more affordable option, it also means your solarised hot water system can pay for itself even quicker.
Based on programs in place at the time of writing, the following information can help you calculate what level of rebates and incentives you may be eligible for. You may even be eligible to receive more than one rebate or initiative. If you have further questions, please contact EcoSmart or follow the links provided to the relevant state and federal authorities.
RECs – Renewable Energy Certificates
As part of its environmental commitments, the Federal Government is offering rebates to individuals who produce energy from renewable sources or displace energy usage from non-renewable sources. Solar hot water systems are included in this program.
Federal Government Rebate
The Australian Government currently offers a rebate of $1000 for solar hot water systems and $600 for heat pumps to eligible applicants to offset the upfront costs of installing a solar hot water system in an existing home. To qualify for this rebate, you must satisfy certain criteria such as home ownership and system specifications....
State Government rebates
Selected state governments within Australia also offer rebates to households installing solar hot water systems. These programs currently operate in South Australia, Western Australia, New South Wales and Victoria. (If you live in other areas of Australia, you may want to ask your local MP why your state government doesn’t support such an initiative!)
How to calculate your rebates
By using the guidelines in this section, it is possible to determine the total value of RECs and rebates that may apply to your installation. When you have worked out the approximate rebate amounts available to you from the above sections you can enter the dollar values in to our rebate calculator to determine the saving you will make on your solar hot water system installation.
