Households and small businesses in New South Wales could receive discounts of up to $1,000 when they install an energy efficient air conditioning unit.
The program is part of the Climate Change Fund initiative, and is designed to encourage people to buy high-efficiency units. It was announced by Premier Gladys Berejiklian in September 2017 as part of the $118 million Energy Affordability Package.
Environment Minister Gabrielle Upton says the investment will also reduce the load on the electricity network and reduce household power bills.
“The program is expected to return a state-wide power bill saving of around $20 million and reduce the generation load by 90,000 megawatt hours,” she said.
A discount of between $200–1,000 off the installation price is available when households or small businesses buy a high-efficiency air conditioner through an approved installer. The systems can be new or replacement and must meet the eligibility criteria.
For example, replacing a 2-star 5kW unit with a modern efficient 5-star unit could save around $675 in power bills over the air conditioner’s lifetime.
Upton says they are expecting 15,000 households and small businesses to have done this by May, 2020.
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