There’s now plenty of research to show that electrifying our homes will save us money overtime, and help reduce carbon emissions.
But one of the main barriers for many households wanting to electrify everything is the upfront cost. Efficient electric appliances like induction stoves, heat pumps and electric vehicles usually cost more than inefficient electric options, or fossil fuel appliances and vehicles.
Once people get past the capital cost outlay though, they’re in a much better position to reduce their ongoing energy costs and better manage the rising cost of living.
Making our homes and businesses more energy efficient means reducing the amount of money we spend on energy, and increasing the value and comfort of our homes.
Most governments now offer some financial incentives or rebates for households to help reduce the upfront cost of replacing gas and other inefficient appliances with efficient electric ones, particularly concession holders and low income households who are at greatest risk of being left behind in the energy transition.
These incentives vary from state to state and can reduce purchase costs by thousands of dollars, depending on the appliance.
So if you think you’re ready to purchase an efficient electric appliance, check out this list we’ve put together of government rebates each state offers. We’ll update if further incentives are announced.
It may not be totally comprehensive -it’s just a place to start – so make sure you check the relevant websites yourself, and determine which programs you might be eligible for.
To find the full list of rebates, please go to the original story on our special section on electrification, SwitchedOn.
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