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The Times Real Estate

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  • Written by ACT Government

Released 24/07/2023

Take up of the ACT Government’s sustainable household scheme has exceeded 13,000 households. This is nearly ten per cent of all eligible households in the Territory.

The program has been a huge success with around $170m in interest free loans committed.

Households in Tuggeranong, Belconnen and Gungahlin have been the biggest users of the scheme.

The number of households accessing the scheme by region:

Tuggeranong: 3,556

Belconnen: 3,378

Gungahlin: 2,843

Woden/Weston Creek/Molonglo: 1,771

Central Canberra: 1065

Rest of ACT: 457

In 2023-24, the Territory Government is focusing on increasing solar take up in multi-unit dwellings with rebates and concessional loans to be made available for the owners of multi-unit developments to install shared rooftop solar systems through a partnership with the Commonwealth Government.

The next phase of the Scheme will also focus on assisting homes to upgrade heating and cooling to fully electric systems, installing hot water pumps and electric stove tops, as well as the purchase of electric vehicles and charging infrastructure, battery storage systems, and ceiling insulation.

The Government’s long term investments in fixed price, large scale, renewable energy contracts continue to shield Canberrans from the price increases being experienced in other jurisdictions.

When combined with the ACT and Commonwealth funded energy rebates and concessions, it means most lower and middle income households in Canberra are paying less for electricity and experiencing a decline in energy costs in real terms.

- Statement ends -

Andrew Barr, MLA | Media Releases

«ACT Government Media Releases | «Minister Media Releases

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