Hot Water System Rebate NSW | Australian Hot Water

The NSW Energy Savings Scheme offers significant incentives for replacing your old electric hot water system or gas hot water system with a more energy-efficient model, such as a HEERs-approved heat pump or solar water heater. A hot water system rebate is a significant financial incentive provided by the scheme for such upgrades. If you’re a homeowner or small business in NSW, here’s how you can take advantage of this opportunity:

What is the NSW Energy Savings Scheme?

The NSW Energy Savings Scheme is a fantastic initiative designed to help households and businesses in New South Wales upgrade to more energy-efficient hot water systems. By providing financial assistance, the scheme aims to reduce greenhouse gas emissions and help you save on your energy bills. Whether you’re looking to replace your traditional hot water system with a heat pump hot water system or a solar hot water system, the NSW Energy Savings Scheme offers significant rebates to make the switch more affordable. This program not only supports the environment but also ensures that you enjoy the benefits of an energy-efficient hot water system.

Step 1: Assess Your Current Hot Water System

Check if you’re still using an older electric or gas-powered hot water system. Older electric hot water systems are less energy-efficient and cost you more on energy bills. Traditional hot water systems consume significantly more electricity compared to modern heat pump systems, which can use up to 75% less energy. Upgrading to a heat pump or solar water heater will not only save energy but also reduce your running costs.

Step 2: Choose an Energy-Efficient Hot Water System

Look for products that are HEERs-approved (Home Energy Efficiency Retrofit Scheme), like heat pumps, solar water heaters, or a heat pump water heater. Upgrading from outdated electric or gas hot water systems to these more energy-efficient models can lead to significant long-term savings on energy bills and reduce environmental impact. These systems are eligible under the NSW Energy Savings Scheme. At Australian Hot Water, we stock a wide range of compliant systems that qualify for these incentives.

Step 3: Contact your local Australian Hot Water service centre

Australian Hot Water works closely with Accredited Certificate Providers (ACPs) who can generate Energy Saving Certificates (ESCs) on your behalf, based on the energy savings from the new system. These certificates contribute to the rebate or discount you’ll receive when purchasing an energy-efficient hot water system to ensure you get the maximum benefits.

Step 4: Install Your New Hot Water System

Once you’ve selected your new energy-efficient hot water system, have it installed by a licensed professional. The installation must meet regulatory standards for you to qualify for the Energy Savings Scheme rebates. Our expert team at Australian Hot Water can handle the entire installation process, ensuring a hassle-free experience.

Step 5: Claim Your Incentives and Rebates

With your new system installed, the ESCs are created and applied to your purchase, giving you a significant rebate. Additionally, if your new system qualifies for Small-scale Technology Certificates (STCs) under the Federal Government Scheme, you can further reduce costs. STCs are calculated based on your system’s energy efficiency and can be redeemed for discounts at the point of sale.

Step 6: Trade or Redeem Your STCs

You have two options for redeeming STCs:

Point of Sale Redemption: Sign over your STCs to an approved Renewable Energy Certificate Trader, and the rebate will be applied immediately, reducing your upfront cost.
Self-Trade: Alternatively, you can trade the STCs yourself. However, keep in mind that the value of STCs fluctuates based on market demand, so it’s often simpler to redeem them at the time of purchase.

Step 7: Enjoy Energy Savings

With your new heat pump or solar water heater in place, you’ll begin saving on energy bills while reducing your environmental impact.

Eligibility and Application Process

To take advantage of the NSW Energy Savings Scheme, you need to meet certain eligibility criteria. Firstly, your household or business must be located in New South Wales. Secondly, you should have an existing electric or gas hot water system that you wish to replace. The new system must be either a heat pump hot water system or a solar hot water system, and it must be installed by an accredited supplier.

The application process is straightforward. Start by contacting your local Australian Hot Water service centre who can assess your eligibility and provide a quote for the new hot water system. Being an accredited product supplier we can handle the entire application process, including the rebate, making it hassle-free for you. This ensures that you can easily transition to a more energy-efficient hot water system and start enjoying the benefits of reduced energy consumption and lower bills.

Ready to Upgrade? Contact Australian Hot Water Today!

At Australian Hot Water, we make upgrading to an energy-efficient system simple and affordable. Our team can help you choose the right system, handle the installation, and ensure you maximise your rebates under the NSW Energy Savings Scheme and Federal Government STC Scheme.Call us today to learn more and get a free consultation.

The Federal Government Scheme STC ( Small -scale technology certificates ) that has been available since 2017 is a government incentive that are points accredited to approved Solar or Heat Pump water heaters based on the clean energy regulators assessment of efficiency and can be redeemed by a dollar value at point of sale when signed over to a approved Renewable Energy Certificate Trader once the product is installed .Or the owner of the water heater can choose to trade these STC’s themselves. The STC value amount can fluctuate based on the demand of STC’s being traded at any given time.

Fact sheet (for households)Download

Fact sheet (for small businesses)Download

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