A new household Renewable Energy Bonus Scheme will replace the Home Insulation Program and the Solar Hot Water Rebate Program, both of which have been discontinued as of close of business on February 19 2010.
Under the household Renewable Energy Bonus scheme households will be able to receive a rebate for the installation of ceiling insulation or a solar hot water system or a heat pump.
$1000 rebates will be available for ceiling installation and solar hot water systems and $600 rebates for heat pumps systems.
The new rebate for solar hot water systems and heat pumps will be available for systems installed after February 19 2010.
This scheme will institute several key changes to the delivery of ceiling insulation including:
- Householders – rather than installers – will claim the $1000 rebate directly through the Medicare system.
- Introducing a new registration scheme requiring all installers to reregister, pay a cash bond, show evidence of meeting the training and skills requirements and provide certified quality assurance and occupational health and safety plans.
- Introducing a strengthened compliance regime in concert with State and Territory occupational health and safety and fair trading authorities.
It is intended that the insulation component of the Renewable Energy Bonus scheme will come into operation by 1 June