Don’t let your competition take your customers through government incentives. Save your customers money with one of the best types of renewable energy.
Unlocking rebates can increase sales, improve ROI and have a significant effect on your bottom line. Offer your customers better value with faster paybacks and by choosing a quality partner.
At Wattly, we understand every step and how to get there. Don’t leave money on the table, talk to us about your project(s) today.
“Take free heat from the air and claim state and federal incentives. Hot water uses up to 30% of the household energy usable. A heatpump is a fantastic way to drastically reduce your usage from heating the hot water. ” – Hamish McGovern – CEO, Wattly.
Why choose Wattly as your partner?
- Wattly’s app provides streamlined data collection in the field
- Simplest evidence collection
- Fast payback options
- Lock-in prices
- A single, dedicated compliance officer
- Industry-leading expertise
- Personal assistance to minimise paperwork
Why upgrade?
- Replace an aging system
- Take advantage of incentives before your system needs replacing
- Save on energy costs
Water heating is the second largest segment of household energy use, ranging from 15% to 27%, depending on location. It is the largest source (up to 25%) of greenhouse gas emissions from the average Australian household. When renewable energy is used these emissions are reduced or eliminated. One of the best ways to reduce your energy bills is to install a solar hot water system or a heat pump.
Eligible Upgrades:
If you have a Hot Water System or are thinking about installing one you may be eligible for an upgrade.
- Install an approved heat pump
- Install a solar water heater
If you have one of the indicated old hot water systems below, you’ll be eligible for the certificates based on the table:
| STC (Australia Wide) | VEEC + STC (Victoria) |
|---|---|
| New Building (no existing hot water system) | Electric resistance water heater |
| Solar water heater | |
| Electric resistance water heater | |
| Gas/LPG water heater |
Victoria is a particularly great state to upgrade right now; as you have the ability to upgrade your hot water system with a heat pump or solar water heater and take advantage of three different incentive programs:
- The Federal Renewable Energy Target (STCs ~$1,200)
- The Victorian Energy Upgrade Program (VEECs ~$890)
- The Victorian Solar Homes Program (Rebate $1,000)
What are the rebates worth?
Here are examples of hot water paybacks – Call to us today to get a more detailed understanding of payback and the programs you are eligible for.
Hot Water Unit Replacement:
| Electric Resistance HW | Heatpump HW in VIC | |
|---|---|---|
| Hot Water Unit Costs (approx.) | $2,800 | $3,800 minus rebates VEEC ~ $890 + STC ~ $1,200 = $1,710 |
| Annual Running Costs (approx.) | $2,300 | $520 (Saving $1,780 PA) |
| Annual Energy Consumption | 5,110 kWh | 1,160 kWh |
| Payback for Heat Pump | N/A | $1,710 / $1,780 less than 12 months |
Examples of how much you could get back
| Example Upgrades | State + Method | $Value ** |
|---|---|---|
| Energy Certificate Rebate | VIC Deemed | VEEC ~ $890 |
| Energy Certificate Rebate | All States | STC ~ $1,200 |
** 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
Patrick BlainGeneral Manager, Certificate Operations
Patrick holds a Bachelors of Science and Bachelors of Engineering in Mechanical & Manufacturing from the University of Melbourne.
What is a Solar Hot Water System?