{"id":90963,"date":"2025-04-02T05:19:48","date_gmt":"2025-04-01T19:49:48","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=90963"},"modified":"2025-04-02T05:19:48","modified_gmt":"2025-04-01T19:49:48","slug":"home-electrification-savings-mb3150","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/home-electrification-savings-mb3150\/","title":{"rendered":"How Much Home Electrification Could Save Your Household"},"content":{"rendered":"

\"Australian<\/p>\n

Whether it happens in a series of steps or leaps, home electrification can save Australian households big bucks on energy – even with upfront costs and interest repayments included – according to a new report.<\/p>\n

Rewiring Australia is a non-profit organisation demonstrating and communicating the financial, environmental and energy system benefits of home electrification. In its latest report, the group says Australia is one of the first countries to pass an \u201celectrification tipping point\u201d, where an energy-efficient electric appliance or vehicle is cheaper over the long term than a fossil-fuel powered alternative. This also takes into account upfront costs and finance at 5.5%.<\/p>\n

The report focuses on five key areas – and here’s what Rewiring Australia estimates can be saved in each.<\/p>\n

Space Heating – Reverse Cycle Air-Conditioner<\/h3>\n

A reverse cycle air conditioner<\/a> offers the lowest cost and lowest emissions method to heat a home. The report indicates savings of $530 a year on bills (2025 costs) compared to gas heating.<\/p>\n

Over 15 years, and including upfront costs, an average of $8,500 can be saved.<\/p>\n

Water Heating – Heat Pump Hot Water System<\/h3>\n

A heat pump hot water system<\/a> will save an average of $250 in bills per year in 2025 compared to using an instant gas water heater says the report, or $400 if the home has solar panels.<\/p>\n

Over a 15- year lifetime with upfront costs included saves $2,500 on average for non-solar homes and $5,400 for solar households.<\/p>\n

Cooking With Gas<\/span> Electricity<\/h3>\n

Electric cooktops not only help avoid toxic gas emissions in your home<\/a>, but can save a modest $20 – $30 a year.<\/p>\n

But where the big savings can be is if an electric cooktop is the last on item on the home electrification to-do list. Then a gas connection can be ditched1<\/a><\/sup> – saving around $250 a year on gas supply charges. This adds up to $4,700 over 15 years.<\/p>\n

Driving – Electric Cars<\/h3>\n

Prices of electric vehicles are dropping and we have a much wider choice of models available in Australia today than just a couple of years ago. Owning an EV can save:<\/p>\n