Efficient Energy Group (EEG), a leading provider of energy-efficient solutions, is optimistic that the Victorian Energy Upgrades program will encourage more homeowners to transition from traditional gas hot water systems to heat pump hot water systems as gas costs continue to rise across Australia. It reports a 50% increase in gas to heat pump enquiries following the January ban on the use of gas systems in new build properties.
The Victorian Energy Upgrades program is designed to make the upgrade to modern heat pump hot water systems more affordable for homeowners and businesses. The generous rebates and incentives available can significantly offset the initial installation costs, making it a smart financial decision as gas prices in Australia show no signs of notable declines.
The initiative aligns with EEG’s mission to deliver nationwide energy-saving and resource management solutions that save clients money – while reducing their individual carbon footprints.
Joshua Liptak, Managing Director of Efficient Energy Group, commented, “We are keen to support the Victorian Energy Upgrades program and want to remind homeowners and business owners to check their eligibility for rebates. It not only helps reduce the financial burden of transitioning to energy-efficient hot water systems but also promotes environmental sustainability.
“Heat pump hot water systems are renowned for their high energy efficiency compared to traditional gas hot water systems. As they utilise electricity more efficiently, they can lead to significant reductions in energy consumption, resulting in lower utility bills over time.
“By acting now, homeowners and businesses can further benefit from reduced installation costs and shield themselves from escalating gas prices – while contributing to a reduction in greenhouse gas emissions compared to gas systems.”
Pairing a modern heat pump hot water system with solar power systems offers additional benefits. Households can utilise free, renewable energy to power their hot water systems, thereby reducing electricity costs and increasing self-sufficiency.
The scheme is more pertinent than ever right now and could future proof homes and businesses against rising energy costs, while also adding more sustainable credentials to their properties.
For more information, please visit www.efficientenergygroup.com.au.
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The company works with state governments to help homeowners and businesses take advantage of various energy-saving rebates and incentives.