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1 September 2023 — Alastair McDowell

New Incentives for Commercial Heat Pump Water Heaters

New commercial and industrial (C&I) air source heat pump water heater (HPWH) activities have just been introduced to the Victorian Energy Upgrades (VEU) and NSW Energy Saving Scheme (ESS). EnergyAE worked with VIC and NSW government to develop these new schemes and we are now very excited to assist you in applying your products for the program.

These activities reward installation of new HPWH systems, either for replacing a gas or electric water heater/boiler, or for the installation of a new system.

Expected certificate returns can be up to 80–90% of equipment cost for replacing an electric system, and around 20–30% of equipment cost for replacing a gas system.

Check out our guidance article How to Register a HPWH to the Commercial VEU/ESS Program for more information about how to apply.

Get in touch with us today to discuss registering your commercial heat pump water heater products.