I thought that gas is cheaper than electricity, so why is it cheaper to run an RCAC?
• Changes in the gas market mean that most of our gas resources are now exported overseas, making it much more expensive for us to buy for use in residential homes.
• Also, newer RCACs are being made even more efficient in their use of electricity.
Is gas cheaper than electricity?
Gas is no longer the cheapest option for heating your home. Changes in the gas market mean that most of our gas resources are now exported overseas, making it much more expensive for us to buy for use in residential homes. More energy efficient ...
What concessions can be applied to my bill? (Victorian customers)
Annual Electricity Concession Applied to: Domestic mains electricity usage and service costs How Much? 17.5% of electricity usage and service costs. Does not apply to the fist $171.60 of annual bill. Other Comments: If you have a very high ...
What can the Energy Assistance Program (EAP) do to help me?
THIS PROGRAM IS AWAITING FURTHER FUNDING, AND THE ASSISTANCE LISTED BELOW IS CURRENTLY UNAVAILABLE. WE ARE CURRENTLY LIMITED TO HELPING PEOPLE TO APPLY FOR THE STATE GOVERNMENT'S $250 POWER SAVING BONUS. Prior to July 2021 - Once we determine ...
How much do other hot water systems cost (i.e. electric storage, electric instantaneous, gas storage, gas instantaneous, solar hot water, etc.)
The first decision you'll need to make when choosing a HWS is the heating method: electricity, gas, solar or heat pump? Electric - An electrically heated storage tank system is usually relatively cheap to buy and install, but is usually the most ...
Are HWHPs becoming cheaper?
As technology continues to improve, gas rates increase, and renewable grid penetration bolsters the carbon benefit of electrification, HWHPs appear poised to take a massive leap in market growth. With the heat pump incentives increasingly made ...