Office Address: 1/92 Railway St, Altona, VIC 3018
Heat Pump Rebate In Victoria
What is the Victoria Heat Pump Rebate?
The Victorian Energy Upgrades (VEU) program offers rebates of up to $3,000 to switch from gas or electric resistance hot water systems to energy-efficient heat pump hot water units Additionally, households opting for Australian-made units may receive an extra $400 on top of their rebate
Customer Benefits
Significant Upfront Discount
- Up to $3,000 from VEU, plus $400 bonus for Australian-made systems
- Combined with Victorian Solar Homes rebates, total savings can reach $2,600–$2,000+
Lower Energy Bills
- Heat pumps are 2–3 times more efficient than conventional hot water systems, translating to ongoing bill savings
- Households can save approximately
$330 annually by switching from gas
Improved Comfort & Technology
- Heat pumps deliver reliable, quiet hot water with modern features, enhancing user experience
- Long operational life (~15–20 years) ensures durable performance .
Environmental BENEFITS OF HEAT PUMPS:
Significantly lower greenhouse emissions
➔ Heat pumps typically emit 45–80 % less CO₂ than gas-powered systems, especially in regions with clean electricity
Supports Victoria’s climate targets
➔ Each installation contributes to reducing the state’s overall emissions under the VEU program
Financial & Energy Savings
Total Savings
Combining VEU rebates, Solar Homes incentives, and the local bonus can reduce system costs by over $2,600
Lower running costs
With 2–3× efficiency gains, day-to-day water heating expenses drop dramatically .
Longer lifespan & value
A heat pump lasts ~15–20 years, making it a wise long-term investment
How to qualify
Eligibility
Must install an approved heat pump water system by a VEU-accredited provider
Property & system age
Must be owner-occupied, property under $3 M value, combined income under $210 K, and the replaced system must be older than 3 years
Warranty
Heat pump units must include a minimum 5‑year warranty
How It Works
1. Contact us
Contact a VEU‑accredited installer.
2. Confirm eligibity
Confirm system eligibility via the VEU product list.
3. Submit for Rebates
Installer submits for rebates (VEU + Solar Homes + bonus).
4. System Installed
System installed and decommission old unit.
5. Project ends
Enjoy reduced costs and better performance.
Installing a VEU‑rebated heat pump hot water system offers triple benefits: upfront cost reductions, ongoing energy savings, and a positive environmental impact. With rebates reaching up to $3,400 and estimated annual savings, it’s a smart, sustainable upgrade for Victorian homeowners.
