SwitchedOn Australia RenewEconomy

Australians are installing an estimated 940,000 new gas appliances and 800,000 new resistive electric appliances -panel heaters, oil heaters and older style electric hot water systems - every year, which are locking in significant long-term costs for heating and cooking. The Institute for Energy Economics and Financial Analysis(IEEFA) found these inefficient appliances will force Australians to rack up $3.4billion in unnecessary energy costs because, whilst they may be cheaper to buy, they are more expensive to run. The problem is Australia has no minimum energy standards for space heaters, water heaters or cooktops which would enable consumers to make informed decisions about these important home appliances. Jay Gordon, IEEFA’s Energy Finance Analyst, says the government could fix the problem with a single intervention.

For more information about electrification and energy efficiency https://switchedon.reneweconomy.com.au

A recent report from Rewiring Aotearoa has shown the rising cost of petrol and gas in New Zealand now means electric homes and EVs are more affordable than fossil fuel alternatives. Even accounting for higher upfront costs, and the interest you pay if you need to borrow to buy these appliances, the report shows a combination of EVs and electric appliances are cheaper over the lifetime of the machines. The average home that uses gas and petrol vehicles could save around NZ$1500 per year at current interest rates (around AUD$1400). Even more – NZ$4,500 - if they get a low interest loan and get their electricity from a combination of rooftop solar, a home battery, and the existing electricity grid. Mike Casey, the Chief Executive of Rewiring Aotearoa, discusses their Electric Homes report, and how he fully electrified his own cherry farm.

For more information about electrification and energy efficiency https://switchedon.reneweconomy.com.au/

The federal government recognises electrification and energy efficiency can save householders money, make our houses more comfortable to live in, and reduce emissions. But some energy experts say their National Energy Performance Strategy (NEPS) lacks the details on regulatory reform, financial support, and urgency, that can make it happen. They want less planning, and more doing. Senator Jennifer McAllister, the Assistant Minister for Climate Change and Energy, discusses the NEPS and what the government has identified as ways to help householders and businesses overcome the hurdles of the energy transition, and current cost of living.

For more information on electrification and energy efficiency https://switchedon.reneweconomy.com.au

While suspicion and resistance to big renewable developments is growing in some regional areas, local community energy projects around the country not only provide additional renewable energy to the grid, they enable communities to feel involved and directly benefit from the renewable energy transition. Whereas large scale renewable projects are invariably focused on industry needs, community projects are more likely to win hearts and minds for the energy transition because they focus on the needs of the community first and foremost and are usually run by passionate, committed volunteers with less vested interests. Dr Jarra Hicks, the Co-Founder and Executive Director of the Community Power Agency, discusses the role of community energy in the energy transition, how Local Energy Hubs can help people move from being confused bystanders to active participants in, and beneficiaries of, the transition, and the barriers that currently impede the sector.

For more information about electrification and energy efficiencyhttps://switchedon.reneweconomy.com.au

Australia is currently seeing a massive increase in hot water heat pump installations, largely fuelled by government incentives and rebates. But concerns are growing that Australia is at risk of being flooded by cheap, unreliable products, installed by inexperienced operators, and we could become a dumping ground for heat pumps that do little to reduce climate change, or the cost of living. That's because we don't yet have minimum energy performance standards for hot water heat pumps. Chris Taylor, the Managing Director of Reclaim Energy, estimates that 90% of the heat pumps now being sold and installed in Australia are what he calls “faux heat pumps.”

For more information about electrification and energy efficiency https://switchedon.reneweconomy.com.au

Even those of us who want to electrify our homes and cars can’t always do so because of the high upfront cost of buying efficient electric machines. Rewiring Australia has come up with a plan to help every Australian household – regardless of income – fully electrify. They're recommending the Federal Government provide low-cost Government loans for all Australian residences to install solar panels, batteries, efficient electric appliances, and an EV, which could save households up to $5,000 annually on energy and petrol bills. These HECS-style loans would be paid back when a property is sold and help Australia meet our emissions targets and dramatically ease our cost of living crisis. Francis Vierboom, Market Transformation Manager at Rewiring Australia, developed the scheme.

For more information about electrification and energy efficiency https://switchedon.reneweconomy.com.au