Households to save about $140 in energy bills each year

About 20,000 low income NSW households are expected to save an average of $140 a year on their energy bills as part of the NSW Government’s $26.8 million Home Energy Action program, Environment Minister Mark Speakman announced today.

Refrigerator, kitchen, open plan living

Applications are open for eligible households to receive a 40 and 50 per cent subsidy to replace their old fridges and TVs respectively, with new energy efficient models, under the NSW Government’s Home Energy Action program’s $4 million appliance stream.

Replacing an inefficient fridge will save a household up to $200 a year on its energy bill. Replacing an inefficient TV will also save a household up to $125 a year on its energy bill.

The NSW Government expects 20,000 low income households to each replace one of these appliances, which will lead to an average of $140 in bill savings each year.

“Low income households are the most vulnerable to rising energy costs. That’s why this scheme is designed to reduce the high up-front costs for these households to replace inefficient fridges and TVs,” Mr Speakman said.

“The scheme is expected to save enough electricity to power more than 1,800 average NSW households a year.”

Mr Speakman said the scheme could also reduce about 11,500 tonnes of carbon emissions every year, which was like taking more than 2,800 cars off the road, if 20,000 households each used the subsidy to replace one appliance.

The program will collectively save households $2.8 million per year once the subsidies have been used.

Eligible households must be:

  • A NSW resident
  • Hold either a valid Pensioner Concession Card, Health Care Card or Low Income Health Care Card from Centrelink or a Gold Card from Veterans’ Affairs
  • The fridge being replaced is six years or older and the TV being replaced must be a plasma or cathode ray tube (CRT) TV.

The NSW Government is also working with leading community service organisations namely Anglicare, Baptist Care, Kempsey Neighbourhood Centre, Kildonan Uniting Care, Metro Assist, Northern Rivers Community Gateway and Good Shepherd Microfinance to ensure their energy hardship clients can easily access the offer, particularly those most in need across regional and remote NSW.

The Good Guys, selected as the program’s retail partner, is contributing discounts to further reduce the upfront cost of these appliances.

“We are excited to be working with the NSW Government, to expand our support for households on low incomes and to offer recycling of old appliances,” Good Guys CEO Michael Ford said.

The project will also contribute towards the NSW Government’s Energy Efficiency Action Plan goal to save 16,000 gigawatt hours of energy a year by 2020.

The offer is available until the $4 million program budget is exhausted.

To apply for a subsidy visit: action matters at home - Appliance replacement offer.