Living comfortably through Canberra’s hot summers and frosty winters makes quality heating and cooling essential for every home.
Unfortunately, the cost of upgrading an ageing air conditioning system is a barrier for many people.
With this and the territory’s sustainable future goals in mind, the ACT Government recently announced details of a new scheme. Launched in June 2021, the Sustainable Household Scheme is a $150 million dollar initiative that allows Canberra residents to apply for an interest-free loan between $2,000 and $15,000 to be repaid over 10 years.
The scheme will run until 2026, and enable Canberrans to apply for a loan to cover the cost of installing:
- electric heating and cooling systems
- hot water heat pumps
- rooftop solar panels
- household battery storage systems
- electric stove tops
Electric vehicles are also set to become part of the scheme in the future.
How to apply for the loan
Up to $15,000 is available per household, and you can use this for one or a combination of installations (such as a new heating and cooling system and a new hot water heater).
The eligibility criteria is relatively straight-forward, with key criteria being that the home must be in the ACT and the property must have an unimproved land value under $750,000 (or $200,000 for apartments).
To apply, you need to:
- Attend a free live online workshop which explains the scheme
- Decide which systems you want to upgrade or install
- Contact an approved supplier for a quote
- Complete a loan application through ACT Government
- Get your system installed
There are no establishment or account-keeping costs, and the loan repayments start after the installation is complete (repaid monthly). You can also repay the full amount at any time without cancellation fees.
Delta Air is an approved supplier
We believe this a great initiative from the ACT Government. It will help the many families who suffer with expensive heating and cooling systems to finally secure the upgrade needed to reduce running costs.
Rather than waiting until the system breaks, or continuing to pay excessive energy bills to run an inefficient system, households can make use of the scheme and reap the return while they pay off the loan.
As an approved provider under the scheme, you can contact us anytime for a free quote to upgrade your heating and cooling system.
This is the perfect time to install a new air conditioning system before the worst of the weather arrives. To organise a free quote, simply call 02 6280 4211 or click to contact us.