Victorian Homeowners Embracing Electric Heating Solutions

Strategic Insights -

As high gas bills and inefficient gas heaters weigh heavily on Victorian families, a growing concern with the environmental impact of fossil fuel use in homes is mounting. The Victorian Energy Upgrades (VEU) program is providing a welcome off-ramp by offering generous rebates on energy-efficient products that replace old, inefficient systems. Gridless, a full-service partner, is stepping in to make the switch to affordable and energy-efficient systems easier and seamless.

Key Takeaways:

  • Over 2.2 million Victorian households have benefited from the VEU program since 2009, with 818,000+ energy-efficient upgrades installed across more than 535,000 homes and businesses in 2022 alone.
  • Upgrading to efficient heating can save Victorian households $150 to $600 per year on energy costs, with individual cases often seeing even larger gains.
  • The VEU program has already prevented tens of millions of tonnes of greenhouse gases from entering the atmosphere, with a goal to eliminate 28 million tonnes of emissions from 2022 to 2025, equivalent to taking more than 8.5 million cars off the road for a year.
  • Gridless makes switching from gas to electric systems easy by removing the barriers and risk, with experts assessing each home's needs and eligibility, maximising rebates, and installing new systems while ensuring clients don't leave money on the table.
  • Homeowners can receive thousands of dollars in discounts and warranties, with a goal of net positive savings within the first year.
  • Gridless provides personalised guidance, conducting an assessment of each home's layout, infrastructure, and usage patterns to recommend the optimal solution.

Statistics:

  • 18% of Victoria's total greenhouse gas emissions come from burning fossil fuels in homes.
  • A typical small home with gas ducted heating generates about 3 tonnes of CO2 emissions per year.
  • Gridless has ~2.2 million customers who have benefited from VEU rebates (~ 535,000 homes)
  • 818,000+ energy-efficient upgrades installed across more than 535,000 homes and businesses in 2022 alone.
  • VEU upgrades have prevented ~ tens of millions of tonnes of greenhouse gases from entering the atmosphere.
  • Goal to eliminate 28 million tonnes of emissions from 2022 to 2025, equivalent to taking more than 8.5 million cars off the road for a year.
  • Savings from upgrading to efficient heating per Victorian household: $150 to $600.

Sources:

  • Victorian Government reports
  • Gridless website and press releases
  • GLOBE NEWSWIRE