Hot Water Hub – Your Quality Government Rebated Hot Water Heat Pump Specialists

WHY CONSIDER A HEAT PUMP HOT WATER SYSTEM

Energy Efficiency

The Australian Department of Climate Change, Energy, the Environment and Water says that heat pumps save up to 70% more energy than traditional electric water heaters. The reason for this is simply that heat pumps don’t use electricity to generate heat for warming water. Instead, these systems take the existing ambient heat from the surrounding air and transfer it to water in storage tanks. 

Electricity is only used in heat pump hot water systems to transfer heat so only a small amount is needed to sustain the process. Consequently, you pay less for the energy needed to warm water in your home, helping you achieve your saving goals. 

Environmental Impact

Hot water heat pumps are recognised in Australia for their significantly low carbon footprint. These systems harness energy from surrounding air, reducing the need to rely on fossil fuels, which are the main driver for Australia’s electricity generation and emissions. By tapping into renewable energy, they contribute to environmental sustainability efforts.

The Institute for Sustainable Futures says that heat pumps significantly lower emissions, up to 80% compared to traditional electric hot water heaters. This reduction in emission supports Australia’s climate change combatting efforts and contributes to global efforts for the same.

Cost Savings

While the upfront costs for a heat pump hot water system might seem daunting, the long-term financial rewards are significant. These systems use far less energy, leading to noticeable savings that add up over time.

According to information from CompareClub, the University of Melbourne Energy Institute and the Alternative Technology Association reported that using a heat pump can produce savings adding up to $1,700 per year. With the potential for such significant cost savings, the higher upfront cost can be quickly recouped, making it a smart financial decision.

Moreover, the Australian Government and state governments provide incentives like rebates and subsidies to promote energy-efficient technologies. These initiatives further lower the initial investment burden, making heat pump systems more affordable for Australian homeowners. Examples of such initiatives and rebates across Australia include but are not limited to:

Victoria Hot Water Rebate – Victorian Hot Water Rebate: This is one of the parts of the Solar Homes Program, presented by the Victorian Government. The amount provided to an eligible household can go up to $1000 for the purchase of an eligible heat pump or solar hot water system.

Australian Capital Territory (ACT):  Under this state, any household upgrading to a heat pump hot water system automatically qualifies for an amount of up to $2500. Note this is granted after the installation.

New South Wales (NSW) – Here, Australians can take advantage of rebates offered via the Energy Savings Scheme (ESS). The scheme aims to increase the adoption of efficient water heaters like heat pumps. The exact amount is undefined so just apply here and see what you can get.

South Australia Small-scale Renewable Energy Scheme  – This is granted on the federal level and aims to encourage Aussies to go green. It provides grants to those installing solar and heat pump hot water systems. Consult with your federal government representative or experts to see how much you are eligible for.

Queensland QBEST Rebates: Now, in Queensland, they are taking care of small and medium-sized businesses through the QBEST Rebates. This provides up to $12,500 to qualifying businesses that switch to energy-efficient equipment like a heat pump. 

Adelaide’s Incentives for Sustainability: The City of Adelaide’s Incentives for Sustainability, allow rebates on energy-efficient hot water systems with the aim to make the community greener. For the heat pump hot water system, the rebated amount is offered at 25% of the total costs.

LOWER MAINTENANCE COSTS

Hot water heat pumps boast low maintenance requirements, making them hassle-free for users. Unlike conventional water heaters that require regular inspection and maintenance, heat pumps typically only require a basic upkeep, such as occasional filter cleaning and inspection of components. This translates to reduced maintenance costs and peace of mind for homeowners and facility managers alike.

Additionally, many manufacturers provide comprehensive warranty coverage and service offerings making them more attractive to consumers. These warranties often cover key components of the system, providing protection against unexpected failures or malfunctions.

Some manufacturers also offer extended service contracts or maintenance plans, ensuring prompt assistance and professional support in the event of any issues.

APPLICATIONS OF HEAT PUMP HOT WATER SYSTEMS

Heat pump hot water systems are incredibly versatile and perform well in various settings, whether it being in residential, commercial, and industrial properties. Here are some key areas where the effectiveness of these systems is evident:

• Residential Homes

Heat pump hot water systems provide a reliable and energy-efficient solution for households, ensuring a consistent supply of hot water while reducing energy expenses.

• Commercial Buildings

From hotels to office buildings, hot water heat pumps offer a cost-effective and environmentally friendly alternative to traditional water heaters, promoting sustainability in commercial settings.

• Industrial Facilities

Industrial operations often require large amounts of hot water. Heat pumps can meet these demands efficiently, providing significant energy savings and reducing operating costs.

COST ESTIMATION

Cost estimation for installing a heat pump hot water system in Sydney involves several factors, including the price of the unit, installation fees, potential retrofitting costs, and ongoing maintenance. On average, the cost of a heat pump hot water system ranges from $3,000 to $6,000, depending on the brand, capacity, and efficiency rating.

Installation costs in Sydney can vary significantly, typically between $1,000 and $3,000. This variation is due to factors such as the complexity of the installation, the need for additional plumbing or electrical work, and the location of the system within the property.

Retrofitting an existing hot water system to accommodate a heat pump can add to the overall cost. For example, if your current system is an electric or gas storage unit, additional work may be required to remove the old system and modify the space for the new heat pump unit. Additionally, ongoing maintenance costs should be considered, although heat pump systems generally require less maintenance compared to traditional systems.

To get a precise estimate, please call us on 1300 326 636 or send us an email at [email protected]

FINANCING OPTIONS

To make the switch to a hot water heat pump more affordable, we’ve partnered with Zip Money. This partnership lets you enjoy the benefits of a heat pump without a large upfront cost. Contact us today to see how we can help you.