Savings all round with rebate

THE NSW Government is extending its hot-water system and rainwater tank rebates until 2011, complementing the recently announced Federal rebates.

State Minister for the Environment and Climate Change Carmel Tebbutt said the extension would provide an even greater incentive for NSW householders to improve water and energy efficiency.

“The combination of State and Federal rebates will provide NSW householders with up to $2800 back on climate-friendly hot water systems and up to $2000 for rainwater tanks,” she said.

“The rebates are working well as an incentive, encouraging people to improve the water and energy efficiency of their homes.

“Uptake of the NSW hot-water system rebate has been steadily growing since the program began. We are now receiving more than 2000 applications a month, 60 per cent of which are for solar hot water systems.” Ms Tebbutt said the Department of Environment and Climate Change had analysed the impact of the Federal Government's rebates on the NSW program.

It recommended extending the hot water system and rainwater tanks rebates, due to finish this year, because of the high demand, and ongoing water, energy and emission saving benefits.

Because the Federal Government's insulation rebate covers the entire cost of installing ceiling insulation, the $300 NSW insulation rebate will end on June 30, 2009.

The money will instead be spent on insulation for properties not covered by the Federal rebate, including public housing. The $150 rebate for 4.5-star washing machines remains unchanged and is available to June 30, 2010.

“These rebates significantly narrow the gap between the upfront cost of household investment in efficiency measures and long-term savings on bills,” Ms Tebbutt said. To the end of January 2009, 54,217 rebates have been paid to households across NSW for hot water systems, rainwater tanks, insulation and washing machines - totalling $26.2 million.

Together they are helping NSW householders save an estimated 1.1-billion litres of water a year and 49,150 tonnes of greenhouse gas emissions, or the equivalent of 31-million water-efficient showers.

For more details, visit www.environment.nsw.gov.au/rebates



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