Save money and reduce your carbon emissions
All-electric homes save hundreds of dollars a year in energy bills, are healthier to live in, and are better for the environment.
Going all-electric puts around $1,000 per year back in the pockets of new-home owners, or over $2,200 with solar installed. A new Victorian detached home built all-electric will spend around $2,600 on energy bills and can save an additional $1,200 with solar panels. A dual-fuel home would spend around $3,600 per year.
Completely converting to an all-electric home from a dual fuel home can save $1,250 per year, in addition to the $950 saving from the existing solar system. Adding a medium-sized battery can also save a further $520 per year.
An all-electric home built today also 16% lower emissions than a new dual fuel home. Over the 10-year period from 2024-2034, that increases to 29% lower emissions for the new, all-electric home compared to a new dual fuel home.
New homes to be all-electric from 1 January 2024
New homes requiring a planning permit will be required to be all-electric from 1 January 2024. This means new homes and residential subdivisions that require a planning permit cannot connect to the gas network.
This will apply to new planning permit applications submitted from 1 January 2024 for new dwellings in both greenfield and infill sites, and apartments, as well as all new public and social housing delivered by Homes Victoria.
All new government buildings will also be all-electric, including new schools and hospitals, reducing emissions and its own reliance on gas, while realising the benefits of all-electric technology.
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