Substantially reduce your energy costs and achieve a much faster payback by upgrading your equipment
At Wattly Pty Ltd, we know how to make it simple to get the best outcome for yourself or your clients. Don’t get caught out by not understanding the rules. We know what is required; we know how to make it simple and how to get the best outcome.
Our team will walk you through how unlocking rebates can increase sales, improve ROI and have a significant effect on your bottom line. We are the industry’s chosen partner when it comes to achieving faster paybacks.
Why upgrade?
- Cut fuel costs with a high-efficiency boiler system
- Low maintenance, high efficiency
- Save on maintenance costs and reduce down time
- Reduce greenhouse gas emissions
- It’s time to replace technology that is no longer reliable
- Right-sizing your boiler to meet the current demand
For large boiler replacements or reductions in capacity, talk to us about maximising your funding with Measurement & Verification.
Eligible Upgrades
If you have Gas-fired Steam or Hot-Water Boiler you may be eligible for an upgrade.
- Full boiler replacement
- Install an Economiser
- Heat Recovery
- Replace an old burner
- Control system upgrades e.g. O2 Trim, blowdown control
What are the rebates worth?
Here is an example of a boiler payback – Talk to us today to calculate your exact costs and savings. To get a more detailed understanding of payback call us to walk you through your options.
| Without Government Program and Tax Cut | With Government Program and Tax Cut |
|---|---|
| Boiler Cost = $800,000 | Boiler Cost = $800,000 |
| Annual Gas Savings = $124,000 | Annual Gas Savings = $124,000 |
| Energy Certificate Rebate = N/A | Energy Certificate Rebate = $110,000 |
| Tax Depreciation (20yrs) = $12,000 PA | Immediate Tax Write off = $240,000 |
| Estimate of payback is 6.5 years | Estimate of payback is 3.6 years |
Examples of how much you could get back
| Example Upgrades | State + Method | $Value ** |
|---|---|---|
| Upgrade an old 2MW Boiler with new boiler and economiser | NSW & VIC Deemed | $25,000 |
| 7 MW Steam Boiler (> 20 years old) replaced with new 7 MW boiler > 80% efficiency with economiser and sensor blowdown. Estimated savings of 58,000 GJ over 10 years | NSW Deemed | $125,000 |
| Adding an Economiser to a 3 MW steam boiler | NSW Deemed | $17,300 |
| Upgrading the Burner in a 3 MW boiler (value maxes out at 3 MW) | VIC Deemed | $11,000 |
| 2 x 400 kW Council Pool Water Boilers (1,900 MJ/hr gas) upgraded to high efficiency boilers. Estimated 4,000 GJ savings per annum. | VIC M&V | $55,000 |
| New 2.95 MW Biomass Boiler replacement of old gas boiler, upgrade in a glasshouse with abatement of 2,300 tCO2-e PA | VIC M&V | ~$450,000 |
** Based on wholesale market certificate prices can vary substantially
Talk to us about how you can further reduce your payback with the latest Tax Cuts.
Key Person
Hamish McGovernManaging Director
Hamish is driven by innovation and a challenge. With over 5 years in energy efficiency and more than 20 years in IT, he has constantly searched and found new and better ways of doing things.
What type of grant am I eligible to get with a boiler upgrade?