Solar scheme gets domestic water on boil
ELECTRIC water heating is set to become a thing of the past following the Federal Government's enhanced rebate scheme, according to Coffs Harbour Solahart. And the timing couldn't be better, with electricity prices set to rise.
“We expect a strong increase in demand for solar water heating, which will propel this once niche product category into the mainstream,” Solarhart Coffs Harbour's Peter McHeyzer said.
He said the increased government rebate will provide much-needed relief for householders facing the prospect of escalating energy costs under the emissions trading scheme.
“As the largest single power use in a home, water heating is also the home's biggest contributor of household greenhouse gas emissions,” he said.
“The rebate, combined with Treasury forecasts of electricity price rises of between 17 and 24 per cent, means there's a real incentive for householders to become more energy efficient.”