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Government Rebates for Solar Hot Water Systems. The rebates available now for replacing an existing electric hot water system with a solar hot water system are: $1000
from the Federal Government and $600
from the Queensland Government
These Solar Hot Water Rebates are available to help people save money on their power bills and reduce their household's greenhouse gas emissions. Water heating is the largest single source of greenhouse gas emissions from the average Australian home, accounting for around 28 per cent of home energy use (excluding the family car). Installing a climate friendly hot water system can save a family $300 to $700 off electricity bills each year. Eligibility requirements Full details of eligibility
are provided in the Solar Hot Water Rebate guidelines. Key criteria
are listed below. To be eligible for the rebate, a hot water system must: * replace an electric storage
hot water system Eligible households * An owner-occupier, landlord
or tenant can apply for the rebate as long as the dwelling where the
hot water system is installed is a principal place of residence. How
to apply * Applying for the rebate
is straightforward, simple and free. What is the role of the installer? To be eligible for the rebate, a hot water system must be installed by a licensed electrician or plumber as required under standard regulations. The licensed installer must sign your application form verifying that: * The system is a new and
complete hot water system that replaces an existing electric storage
hot water system previously operational at the dwelling. It should take no more than a few minutes for them to complete their part of the form.
Under the Mandatory Renewable Energy Target (MRET) - a scheme set up under Commonwealth law to promote the development of renewable energy - installation of solar and heat pump hot water heaters may be eligible to create Renewable Energy Certificates (RECs). While households can create and trade these certificates on their own, Registered Agents may create and trade RECs on behalf of households. Registered Agents will generally pay the household for the right to create RECs, meaning the cost of the hot water system to the household is reduced. This will provide additional cost reductions to eligible hot water systems. To be eligible for the Solar Hot Water Rebate, a hot water system must be eligible for at least 20 RECs at the time of purchase at the installation address. A list of eligible systems is available in the Register of Solar Water Heaters. Hot water system retailers can also advise you on the number of RECs assigned to a system. More information about RECs is available on the Office of the Renewable Energy Regulator website:
* Renewable
Energy Certificates
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