Both state and federal governments encourage consumers to opt for more sustainable heating, cooling and hot water solutions through rebates. These rebates are based on the efficiency rating of the new product and, in some cases, the inefficiency of existing products.
Air conditioning rebates
Discover the benefits of air conditioning rebates for your home. By upgrading to ducted reverse-cycle air conditioning, you enhance comfort and capitalise on available rebates to make the transition more cost-effective. Government incentives, such as VEECs, offer substantial savings for embracing environmentally friendly options. Rebates for reverse-cycle air conditioning can significantly lower unit and installation costs, promoting sustainability while maintaining comfort. Savings of up to $7800 are possible on reverse-cycle and split-system air conditioning systems.
Hot water heat pump rebates
Unlock savings with energy rebates on hot water heat pumps. Opt for a more sustainable and efficient hot water solution and enjoy significant rebates. VEECs provide potential savings of up to $3000, while STCs offer up to $1000 off. Additionally, Solar Victoria offers an additional $1000 rebate per upgrade. These rebates, backed by state and federal governments, aim to incentivise eco-conscious choices, making upgrades more financially accessible than ever. Invest in a hot water heat pump today to reap both environmental and financial rewards.
How It Works
VEECs and STCs form part of the Victorian Energy Upgrades (VEU) program, designed to curb emissions and energy consumption. These certificates can be traded, resulting in direct discounts on your installations. Once created, the Victorian energy efficiency certificates can be purchased from energy retailers like Energy Australia.
Rebate options available –
- VEECs (Victorian Energy Efficiency Certificates): Save up to $7800 on reverse cycle and split system air conditioning. As well as $3000 on hot water heat pumps. VEECs represent a reduction in greenhouse gases, with each certificate equating to one tonne of CO2-e saved. For example, upgrading from a gas-ducted heater to a ducted reverse cycle could yield an average of 40-60 VEECs, your deduction will be calculated on the difference between carbon emissions that the appliances expend.
- STCs (Small-scale Technology Certificates): Installing a new hot water heat pump can save you up to $1000. STCs are awarded based on the renewable energy your new system generates or displaces, factoring in your location and the energy offset over time.
- Solar Victoria Rebates: When upgrading to a solar hot water heat pump, you can apply for a $1000 rebate. This move aims to combat climate change and foster a more sustainable living environment.
Eligibility
To receive the rebate benefits, you’ll need to meet the following eligibility criteria:
- You must have a quote from a Solar Victoria authorised solar retailer.
- Only owner-occupiers of an existing property can apply.
- The combined household taxable income for the installation property must be below $210,000.
- The installation property must be worth less than $3 million.
Owner-occupiers who received a rebate for a prior address can still apply at a new property to receive one for:
- solar PV
- hot water, or
- an interest-free battery loan
You’ll need any 2 of these documents
- Australian driver’s licence or learner permit
- Medicare card
- Australian passport — current or expired less than 3 years
- Australian birth certificate
- Australian citizenship certificate
- Foreign passport with a valid Australian visa
- ImmiCard
Rebate experts
Transitioning to an energy-efficient system benefits the environment and offers financial incentives. Use the checklist above to make sure that you qualify, then check off each of the points on the application checklist, and you’ll be ready to start saving. For further information, consult the Australian Government’s Energy Bill relief site.
Navigating the rebate criteria and system options can become overwhelming quite quickly. Let Too Hot To Handle assist you in finding the ideal system while ensuring you qualify for the relevant rebates. We deliver dependable, efficient, and budget-friendly heating and cooling solutions tailored to your specific needs, ensuring you maximise all available rebate benefits. So get in touch with a member of our team and start saving today.