Heat Pump Hot Water Government Rebate 2026 — NSW, VIC, QLD & SA
How much is the heat pump rebate? Stack the federal government rebate (STCs, $800–$1,500) with your state hot water rebate — NSW $400–$800, VIC $700–$1,000, SA $500–$1,000, QLD up to $500 — and most households install a heat pump hot water system for $1,000–$2,500, down from $4,000–$5,500 retail.
Rebates by state (2026)
| State | Scheme | Typical state rebate | + Federal STC |
|---|---|---|---|
| NSW | Energy Savings Scheme (ESS) | $400 – $800 | + $800 – $1,500 |
| VIC | VEU + Solar Victoria HW rebate | $700 – $1,000 | + $800 – $1,500 |
| SA | REPS | $500 – $1,000 | + $800 – $1,500 |
| QLD | Council / network programs | $0 – $500 | + $800 – $1,500 |
| ACT | Sustainable Household Scheme | 0% loan up to $15,000 | + $800 – $1,500 |
| TAS | Energy Saver Loan Scheme | 0% loan up to $10,000 | + $800 – $1,500 |
Figures indicative for 2026 — STC values fluctuate with the spot market. Confirm with your installer.
Eligibility checklist
- • Replacing an existing electric / gas storage system
- • Installer accredited under the state scheme
- • Product on the Clean Energy Regulator register
- • You assign the STCs to the installer
- • Owner-occupied (some states allow rentals)
Bill savings
- • Heat pumps use ~70% less power than electric resistive
- • Typical household saves $400 – $900 per year
- • Payback after rebate: 2–4 years
- • Pairs well with solar PV (timer the run cycle)
Pair the rebate with a NatHERS assessment
If you're upgrading hot water as part of a renovation or new build, a NatHERS-accredited assessor will model the change against your overall rating — and the BASIX/Whole-of-Home score in NSW and VIC.