The below information includes estimated costs, rebates, and potential savings if you want to switch to electric appliances.
Gas hot water heater to an energy-efficient electric heat pump
Initial cost: $4,000–$5,000
Rebates/discounts: Up to $2,030 if you buy and install a locally made hot water system or up to $1,630 if you choose another system
Solstice payment: $300-$600
Typical yearly savings with LPG*: $560 (approximately)
Typical yearly savings after going electric#: $1,560 (approximately)
Gas room heater to electric reverse cycle unit
Initial cost: $2,400–$5,000
Rebates/discounts: Up to $1,610 when you replace a gas heater
Solstice payment: $400
Typical yearly savings with LPG*: $460 (approximately)
Typical yearly savings after going electric#: $1,300 (approximately)
Gas central heating to electric ducted reverse cycle system
Initial cost: $10,700–$16,000
Rebates/discounts: Up to $5,530 when you replace a gas ducted heater
Solstice payment: $600
Typical yearly savings with LPG*: $1,170 (approximately)
Typical yearly savings after going electric#: $3,370 (approximately)
Gas cooktop to induction cooktop
Initial cost: $2,300–$3,000
Rebates/discounts: Up to $140 to replace an existing gas cooktop
Solstice payment: $250
Typical yearly savings with LPG*: $50 (approximately)
Typical yearly savings after going electric#: $110 (approximately)
* Estimated yearly energy bill savings when household converts from CNG to LPG.
# Estimated yearly energy bill savings when household converts from the CNG network to all-electric.
Please note:
- Eligible Solstice customers will receive $1,000 per premises to convert to electric appliances. This is in addition to the rebates/discounts shown in the table above.
- Solstice will only manage a conversion if you decide to move to bottled gas (LPG).
- Savings amounts are indicative only and don’t consider your specific circumstances. You may have agreements with energy retailers and tariffs that impact these amounts.
Upgrade your existing appliances through the VEU program
You can upgrade the following appliances:
- gas hot water heater to an energy-efficient electric heat pump
- gas room heater to an electric reverse cycle air conditioner
- gas central heating to an electric ducted reverse cycle system
- gas cooktop to an induction cooktop.
Go to the VEU’s latest discounts and rebates for more information, or find accredited providers supporting households in your town.
Install an energy efficient hot water system through Solar Victoria
For information, visit Solar Victoria: