Under rebate changes announced by the Federal Government on February 19, 2010, Federal rebates of up to $600 are available for heat pumps installed to replace electric storage hot water systems in existing privately owned homes until March 2012. Unlike the previous scheme, the new program offers the rebate through the Medicare system rather than as a point of sale discount.
http://www.energymatters.com.au/renewable-energy/solar-power/solar-hot-water/heat-pump-recs-rebates.php
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