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Your hot water bill
could be a lot smaller
this time next year.

You've just taken the first step toward modern, energy-efficient hot water. While you wait for our consultant's call, here's a quick look at why so many Australian households are making the switch.

Potential 5-year savings

$1,977+

Switching from gas to an efficient electric heat pump hot water system could save eligible households around $400 a year on energy bills*. Over 5 years, that adds up.

Government rebate

up to $1,384

VIC Solar Homes (eligible locally-made)*

Combined incentives

up to $2,007

Rebate + Victorian Energy Upgrades*

*Indicative figures based on Solar Victoria's Solar Homes Program (current as at 2025). Actual savings & rebates depend on your usage, household eligibility, installer pricing and chosen product.

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We'll walk you through your options, rebates & expected savings — no pressure.

You made a smart call

Why thousands of Aussie homes are switching to heat pumps

They're modern, efficient, and often eligible for rebates. Here's what people love about them.

Potentially lower running costs

Heat pumps use up to 4× less energy than traditional electric storage. May reduce hot water energy use significantly depending on usage.

Rebates may apply

Eligible Victorian households may receive up to $1,000 (or up to $1,400 for eligible locally-made systems) under the Solar Homes hot water rebate.

Cleaner, future-ready energy

Pairs beautifully with solar. Cuts carbon emissions from heating water — a meaningful step toward an all-electric home.

Growing in popularity

Hot water is around 1 in every 4 dollars of an average home energy bill. Switching is now one of the most popular electrification upgrades in Australia.

Indicative 5-year picture

How potential savings add up

The chart below is a simple illustration of how yearly savings can accumulate over five years — actual amounts will vary with your usage, household size and tariff.

$400
Year 1
$800
Year 2
$1,200
Year 3
$1,600
Year 4
$2,000
Year 5

Yearly potential

~$400

Over 5 years

~$2,000+

Plus rebate

up to $1,400

Based on Solar Victoria's estimate that switching from gas to an efficient electric hot water system could save households around $400 a year. Your actual result depends on usage and eligibility.

How it works (simply)

Think of it as a fridge in reverse

Instead of generating heat with an element, a heat pump moves heat from the outside air into your water tank. That's why it can be dramatically more efficient than traditional electric systems.

  • Pulls free warmth from the surrounding air
  • Uses electricity only to move heat (not create it)
  • Quietly heats a stored tank of hot water for whenever you need it
  • Works year-round — even on cool Aussie mornings
iStore heat pump hot water system installed at an Australian home
Up to 4× more efficient than electric storage
Government incentives

Rebates may significantly reduce what you pay upfront

Eligible households may be able to combine Solar Victoria's rebate with Victorian Energy Upgrades discounts.

Solar Homes hot water rebate

up to $1,400

For eligible locally-made heat pump systems (from 1 July 2025). Otherwise up to $1,000.

Combined with VEU

up to $2,030

Combining the rebate with Victorian Energy Upgrades may reduce upfront cost by up to $2,030 for eligible locally-made systems.

Yearly bill savings

~$400 / yr

Solar Victoria estimate for switching from gas to an efficient electric hot water system.

Source: Solar Victoria — Solar Homes Program / Hot Water Rebate. Eligibility and amounts depend on property, household and product. Our consultant will confirm what applies to you on your call.

What happens next

Look out for a call from your Compare Your Options consultant

Friendly, no-pressure, and built around your home — not a sales script.

1

Step 1

A short, friendly call

We'll confirm a few quick details about your home and current hot water setup.

2

Step 2

Tailored savings & rebate estimate

Your consultant maps out which rebates may apply and what your potential savings could look like.

3

Step 3

Compare your best options

You'll see a clear comparison of suitable products and price ranges — no pressure to decide on the call.

4

Step 4

You stay in control

Take your time, ask questions, and only move forward if it feels right for your household.

No pressure. No surprises. No obligation.

We're here to help you compare and decide on your terms. Your details are kept private and only used to assist with your enquiry.

Your call is on the way.
Looking forward to a great chat.

In the meantime, feel free to explore other ways your home could save — from solar and batteries to EV chargers and heating & cooling.