Huge $400 payout for Aussies – what you need to know

By ASHLEY NICKEL FOR DAILY MAIL AUSTRALIA

Published: 23:43 BST, 7 June 2025 | Updated: 00:08 BST, 8 June 2025

The Victorian state government has offered a new $400 discount for Australian-made efficient electric hot water systems.

In a move to help boost local manufacturers, the Allan Government announced the $400 cashback scheme, which will be available from July 1.

The $400 payout would be on top of the pre-existing rebate, worth 50 per cent of the purchase price of a new unit up to $1,000, for households which upgrade or replace old hot water systems with solar systems.

Solar expert claimed the cost of buying and installing mid-size units was typically between $3,000 and $4,000. 

The government claimed the initiative would help shield Australian manufacturers from cheap imports and help Victorians by lowering their power bills.

‘We’re on the side of Victorians – helping families cut energy costs and take back control of their bills,’ Energy Minister Lily D’Ambrosio said.

‘We know there is a strong history of locally manufactured hot water products.

‘We want to make sure local jobs are supported and that money spent in Victoria stays in Victoria.’

Victorians will be able to receive up to $1,400 on eligible new solar hot water systems with the introduction of a new $400 scheme

Manufacturers and unions will advise the government on what defines a product as Australian-made as many locally-manufactured systems use components made overseas.

Solar Victoria runs the state’s current rebate scheme which is available to households with taxable incomes of less than $210,000 a year residing in properties worth less than $3million.

Up to 27,000 households will be able to access the new $400 payout under the $30million state budget scheme.

More to come… 

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Huge $400 payout for Aussies – what you need to know

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