Saving money on energy bills

Many Bellarine Peninsula households are slashing energy bills thanks to the state government’s Solar Homes Hot Water Rebate.

There have been 16,132 program applications during this financial year, a 224 per cent increase from the previous year, with 975 applications coming from Greater Geelong.

Minister for Energy and Resources Lily D’Ambrosio said applications exceeded the program’s initial target, leading to the addition of 8000 more rebates on offer.

“We’re helping more Victorians save on the upfront cost of installation of heat pump or solar hot water systems and slash their energy bills every year after,” she said.

“More Victorians than ever before are taking advantage of our rebates and switching to efficient electric technology, saving thousands of dollars and driving down emissions.”

Ms D’Ambrosio said the expansion would save residents $1000 off the cost of a heat pump hot water system installation and up to $400 a year on electricity bills.

She also said many households were swapping out gas and saving on their energy bills through the state government’s Solar Homes Rebate and Victorian Energy Upgrades Program.

Heating and hot water account for more than 50 per cent of total energy usage in a home, with 20,000 heat pump hot water systems installed in Victoria to date.

The state government also delivers free training to upskill plumbers through an $11 million workplace development program to ensure fast water system installations.

Visit solar.vic.gov.au/hot-water-rebate for more information or to apply for a hot water rebate visit.