The Prime Minister announced on the 17/07/07 new funding to improve energy and water efficiency, including a $1000 rebateover five years for up to 225,000 householders to install a solar hot water system. The Government expects this policy measure to save householders an average $300 a year in electricity costs and cut greenhouse gas emissions by three to five tonnes per household.
The criteria is as follows:
be purchased and installed after 17 July 2007
be a new and complete hot water system that
replaces an existing electric storage hot water
system previously operational at the dwelling for
more than 12 months
be a hot water system that is eligible for at least
20 Renewable Energy Certificates under the
Mandatory Renewable Energy Target at the
time of installation at the installation address as
verified by a Registered Agent
have at least a 5 year warranty
be installed to the relevant building standards
and government requirements
be installed by a suitably qualified person (for
example an electrician and/or plumber)
be fully functional and in working order.
Rebates will not be eligible where:
the dwelling is not a principal place of residence
(for example where the dwelling is a holiday
home or a semi-permanent building)
the dwelling is state or territory public housing or
is owned by a state or territory government
the applicant is not an individual (for example
where the applicant is a business or other
organisation)
the system replaces or is additional to an
existing solar or heat pump hot water system
the system replaces a hot water system which
was not originally designed as an electric
storage hot water system
the system will be used for non-domestic
purposes or primarily for heating a swimming
pool, spa or similar
The federal government remits the dollar value directly to the client.
How to Apply:
To claim a rebate, the applicant will need to submit an Application Form to the Australian Greenhouse Office
An applicant has up to three months after an eligible system is installed to submit an Application Form
The applicant should allow 6-8 weeks for the application to be processed
For example, systems that qualify are $1000 less in ADDITION to the REC's, as follows:
REC value of 24 points and (say) REC's are
trading at $27 = 24 x $27 = $648.00
NEW Federal Government Rebate = $1,000.00
Total Rebate = $1,648.00
Apricus 250lt 22 Tube Electric System cost = $3643.51
Installation (subject to site instpection) = $1,500.00
Nett cost = $3,495.50 inc GST
For an extremely effective Evacuated TubeSolar Hot Water System, please contact Energy Matters today to arrange a site inspection and free no obligation quotation.
Don't wait, take advantage of the new Federal Government $1,000 rebate on solar hot water systems, as well as the $8,000 rebate on Solar Grid Connect Systems!