Vic Solar Rebate on Heat Pumps - Prices Jacked?

I have recently received quote for an electric heat pump installation at my place (replacing old gas water heater). I was told I would receive a "free" heat pump but will need to pay installation charges.
Looking at the vic solar website, it says I will receive a grant of around $3000 not a free heat pump.
So my question is, have the prices of heat pumps been jacked up so all the grant goes towards purchasing the pump and we're still paying $1300 out of pocket for installation charges? Are the installation charges reasonable?
Every company I spoke to gave me the same quote. Sounds awfully suspicious to me.

Comments

  • +3

    The unfortunate truth is these offers are only available “through accredited suppliers”… which means they can charge whatever they like for the units themselves.

    I was looking at the same program to replace our ducted gas heater with split systems - and found I could buy the units from other suppliers for far far cheaper

    • +2

      I agree. I gave up on ducted heater replacement when I was quoted around $6000 for a 5 room (3bed + 2living) installation. These are too damn expensive.

      • Gas or reverse cycle?

        • Decommission Gas Ducted Heater and replace it with a Reverse Cycle Unit. Mine was for a 3 bedroom plus an office system.

          • @geekcohen: Wait, $6000 to pull out the gas heater and put in an electric unit??? I thought all the existing ducts remain, and just need to swap the units themselves?

      • Mine was the same quote, and there was a $2,000 fee for a tin roof…….

      • Mine was the same! Put the whole thing on hold.

  • I thought the rebate was only $1,000?

    • No, it is not 1000. Check ut vicsolar website.

    • The hot water rebate is $1k but there are other rebates also applicable

      • Ok.

      • What other rebates apply to the solar boosted heat pump HWS?

  • +2

    If it was completely free, I would be all for it, but I am going to wait for my gas system to die before replacing it, unless its 100% free.

    • +1

      you can get the free ones (or very cheap ones), but they'll probably last 6 months

  • +1

    Guaranteed price jack. All smoke and mirrors.

    My 6.6kw solar system. I was able to get a itemised quote and the cost of install was $2500 which was 3 guys for 4 hours.

    Where as all the other ones were $2k more for exactly same parts and materials so you know kind of excess profits they were making.

    • +1

      Bingo, My solar was the same cost.

      Corporate greed at work under the guise of being a "government trusted company" that had jumped through a few hoops and cradled the right set of balls.

  • +5

    Subsidies like this encourage price jacking, as the seller now knows there a lump of money available and pepole are wanting to take advantage of it.

  • +2

    These programs always result in the suppliers taking most of the rebate for themselves.

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