Heat pump
Hot Water System Rebates
Huge Australian government rebates and carbon credits are available for replacing older style storage hot water systems with more efficient ones.
Regional areas get an extra $1000 over metro areas.
The rebates are usually given as a point of sale discount and are in the range of $2500 to $5000 depending on the unit purchased. This amount includes RECs.
Electric Heat Pump Hot Water Systems
Electric heat pump systems function like a reverse cycle air conditioner. Heat is extracted from the surrounding air, even at quite low ambient temperatures.
Heat pump systems are almost as efficient as solar hot water systems.
