Rainwater Tank Rebates
Federal Government www.environment.gov.au/water/programs/nrgi/index.html
The purchase and installation of a new rainwater tank which is connected for internal reuse of the water for toilet and/or laundry use, up to $500; or The purchase and installation of a permanent greywater treatment system – up to $500
Renewable Energy Credits (RECs)
All solar systems sold by Green Source attract RECs. This can save up to $2,000+ alone!! Green Source make the process easy by allowing you to claim the RECs up front, as a discount on the purchase price, instead of you having to ‘sell’ them later.
What are RECs?
Renewable Energy Certificates (RECs) are an electronic form of currency or electronic certificates created when an eligible hot-water system or PV system is installed. They’re traded in a market and are ultimately bought by energy companies, as they count towards the company’s compliance with government targets for renewable energy generation.
For every REC purchased, one megawatt-hour or 1000 kilowatt hours, of renewable electricity is generated. Each megawatt hour (MWh) of clean, renewable electricity reduces the need for one additional MWh of pollution-causing conventional power. One REC represents the environmental benefits of this displacement.
You may be eligible to earn RECs when you install renewable energy equipment accredited by the Office of Renewable Energy Regulator (ORER) including solar hot water and solar power. Once created RECs can be traded, purchased or sold. This reduces the overall cost of installation for you.
The value of RECs is not fixed and varies from time to time.
You should discuss this with your consultant at the time of your quote.
For full details on RECs, visit the ORER website at "http://www.orer.gov.au/recs"
Federal Government Solar Hot Water Rebate
From the Australian Government Website:
The Australian Government is providing a rebate of $1,600 to help eligible home-owners, landlords or tenants replace their electric storage hot water systems with solar or heat pump hot water systems. This offer is part of the Government's $4 billion Energy Efficient Homes Package and it came into effect on 3 February 2009.
The $1,600 Solar Hot Water Rebate will 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 up to $700 off their energy bills each year.
Eligibility Requirements
Full details of eligibility are provided in the guidelines in the Applicant Information Booklet.
Key criteria are listed below:
- You have not already accessed support to install ceiling insulation through the Homeowner Insulation Program. Plus,
The hot water system:
- replaces an electric storage hot water system
- is a solar or heat pump hot water system that is eligible for at least 20 Renewable Energy Certificates (RECs) at the time and place of installation - be installed by a suitably qualified person (for example an electrician or plumber).
- You are an owner-occupier, landlord or tenant and the dwelling where the hot water system is installed is a principal place of residence.
- You apply for this rebate within six months of installing an eligible system.
You can find more information and download the Solar Hot Water Rebate Applicant Information Booklet (a booklet incorporating all documents and information you will need on the rebate) at "http://www.environment.gov.au/settlements/renewable/solarhotwater/"
Insulation
You may be able to claim up to $1600 to insulate your home. (This rebate is not available if you have claimed the solar hot water rebate) If you are eligible and your installation costs $1600 or less, you won’t have to put your hand in your pocket at all. This is because, when you sign a work order form, Green Source can claim payment for your installation directly from the Government. We are a registered program insulation installer. You can find out more about the rebate at www.environment.gov.au/energyefficiency or call them on 1800 808 571.
You can call our sustainability division, Green Source on (07) 3324 2200 or 1300 69 7246 to arrange a quote. As you would expect, we use environmentally friendly batts, which are 30% more powerful than rebate requirements. As always, we are committed to providing our customers with effective quality products which are environmentally friendly.
* Important to note: Care has been taken to ensure the information presented is as current and accurate as possible. However this information is a guide only. All rebates are subject to change in terms, conditions, eligibility requirements and availability. We recommend you check the website of the relevant authority. Links have been provided.
