Our PPOR hot water system is about to give up the ghost. We're looking at new systems- but we're not getting some answers- especially as regarding installation costs and Renewable Energy Certificates (RECs).
We don't have gas available; the house is in Canberra.
The options seem to be:
1. Storage hot water- which is what we are replacing. We don't really want to go that way.
2. Heat pump hot water system. Cost appears to be about $3000-$4000 with a $600 rebate available under the revised guidelines. Installation shouldn't be too much- but some people have said that heat pump systems don't operate too well with Canberra's cold.
3. Solar Hot Water. Cost $4000-$5000 with $1000 rebate. But installation will be (much?) more that a heat pump system. We don't have a direct north facing roof- northeast and northwest only.
We have no guidelines at all on installation costs- the people who sell the systems just tell us that it's out of their hands, because it's done by tradies, and they don't have any idea even on ballpark costs.
I understand that RECs are available, and can be sold on the open market- but I cannot find any information as to their sale price. I did hear that they are droppping- perhaps quickly.
Any info would be appreciated.
We don't have gas available; the house is in Canberra.
The options seem to be:
1. Storage hot water- which is what we are replacing. We don't really want to go that way.
2. Heat pump hot water system. Cost appears to be about $3000-$4000 with a $600 rebate available under the revised guidelines. Installation shouldn't be too much- but some people have said that heat pump systems don't operate too well with Canberra's cold.
3. Solar Hot Water. Cost $4000-$5000 with $1000 rebate. But installation will be (much?) more that a heat pump system. We don't have a direct north facing roof- northeast and northwest only.
We have no guidelines at all on installation costs- the people who sell the systems just tell us that it's out of their hands, because it's done by tradies, and they don't have any idea even on ballpark costs.
I understand that RECs are available, and can be sold on the open market- but I cannot find any information as to their sale price. I did hear that they are droppping- perhaps quickly.
Any info would be appreciated.