Insulation Rebates
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Australians paying their electricity bills for the first time since the price hike on 1 July 09 are in for a bit of a surprise with electricity bills up by as much as 20%, on top the already big increases introduced in July last year. If this increase comes as as shock then just consider the impact of the Federal Government's planned Emission Trading Scheme and power grid infrastructure changes which is estimated to double the cost of energy bills by 2015. The ombudsman office have been inundated in complaints from disgruntled Australian's shocked by the size, timing and lack of warning of these increases. Many Australian's are already struggling to keep up with their electricity bills with providers canceling power to over 18,000 households in 2008. How You Can Save On Electricity. Without adequate insulation heating and cooling can represent as much as 30 - 40 % of your power bill and having an old electricity hot water systems can easily add an extra 20-30% to your power bill. Given the average annual power bill is around $1400 then installing insulation in your ceiling could save you around $500 a year or maybe $1000 a year by 2015.
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