Free Hot Water Upgrade: How to Save Money on Your Power Bill

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Free Hot Water Upgrade How to Save Money on Your
Power Bill
Want to save money on your power bill while
cutting down on greenhouse emissions? Consider
replacing your old water heater with an energy
efficient model, which will not only save you
100s of dollars every year but also ensure that
you have hot water when you need it. This free
hot water upgrade can be completed at your
convenience and may even qualify you for rebates
or financial incentives from the Victorian
Governments Energy Upgrades program! Heres how
to get started!
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What is a rebate? The Victorian Energy Upgrades
Program offers homeowners a range of rebates,
subsidies and loans if you invest in energy
efficient products for your home. VEU has two
main types of rebates for water heaters, free hot
water upgrades and general rebates. The free hot
water upgrade rebate is a FREE energy efficient
electric or gas storage tank installed in your
roof space, which can save you between 50-100
per year depending on your energy retailer and
your electricity usage profile.   Is it worth
it? Why are hot water systems so expensive? Does
your current system use a lot of power? Is it
costing you more than youd like? These are all
questions you should be asking yourself as part
of your energy upgrade. The Victorian Government
has a range of programs that can help with these
issues, one of which is a free hot water upgrade
for eligible households. This program can reduce
your power bill by up to 280 per year! Step by
step upgrade process Free hot water upgrades are
designed to help reduce your power bills and
assist with water heating. If you think your
property would benefit from a new energy
efficient system, heres what you need to know
about getting it installed. Youll be required to
fill out an application form and submit it along
with a quote from an installer that meets VEU
standards. The process takes roughly six weeks
from application submission until installation is
complete, so make sure you start early enough
before summer arrives! Conditions apply.
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FAQ What is a solar hot water system? A solar hot
water system is one of two types of thermal
energy systems that make use of natural
resources, such as sunshine or Earths heat.
These systems are used to generate thermal energy
for space heating and/or cooling, and also water
heating. Thermal energy can be generated by
various means including combustion (e.g.,
fireplaces), geothermal heat (e.g., ground source
heat pumps), or other sources such as natural
sunlight through photovoltaic panels.