How much can you save?
Families that switch to fully electric in Hobart can save up to $1,899 on their annual bills, in Canberra up to $1,876, in Adelaide $1,457, Brisbane $1,424, Melbourne $1,207, Sydney $924 and Perth $803.
Climate Council researchers found that the biggest bill savings were in Brisbane, where gas is much more expensive than other capitals, and in Hobart and Canberra because of their cooler climates.
The report says that connecting to the gas network, even if you don’t use gas, can cost hundreds of dollars a year in daily supply fees, with the most expensive annual bill being $280 for Melbourne residents.
The wholesale price of gas has nearly tripled since last year, with 80 per cent of supplies shipped overseas, and Australia’s prices are tied to a volatile international market.
Gas market prices in Victoria, Adelaide, Brisbane, Sydney and southeast Queensland, 2011/12 to 2021/22. (Source: Australian Energy Regulator, 2022.) attributed to him:Climate Council, Switch and Conservation Report
Australian households meet their energy needs through a range of different fuel sources, and piped gas makes up nearly 40 per cent.
In Victoria and the ACT, more than half of the energy used in homes comes from piped gas, while in Tasmania and Queensland, residential gas use is very low.
How was it calculated?
The total bill savings was calculated by combining the annual heating, cooking, and hot water bills for a home using gas appliances (including the daily connection fee) and comparing them to the combined bills for households with electrical appliances at the same level of use.
Saul Griffiths, author big key The head of Rewiring Australia said his organization conducted a study last year that looked at the full electrification of Australian homes, including cars.
It found that by 2030, the average household head should save between $3,000 and $5,000 a year.
“If we re-analyze now, those numbers would be higher,” Griffiths said. “Of course, you have to run that with renewable electricity, but that’s now cheaper than coal.”
What about the cost?
There are of course costs associated with switching from gas appliances. Some purchases, such as solar and rooftop electrical devices, should be seen as an investment because they can generate significant savings so that the initial cost is effectively paid off over time, the researchers said.
They calculated two response scenarios: one based on someone buying low-priced electrical appliances, at a cost of $7,800. The second is based on expensive hardware, priced at $14,900. Both scenarios included $3000 in installation costs.
In Melbourne, this will take 8 and 12 years, respectively, while in Sydney it will take 13 and 16 years.
Once Julie and her family installed the electric heat pump, they decided to turn off the gas duct heating and rely on electric panel heaters and, later, an induction stove.
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Jolie calculated that her family saves about $100 a month in energy costs, even though she now has another child and she and her partner are now working at home. Their transition was aided by a low-interest loan through the Victorian Government’s Solar Home Scheme.
In addition to taking these steps at home, Jolie has hosted climate information sessions, spoken to her local Member of Parliament about her concerns and joined in environmental campaigns.
“There are a lot of ways we can go about trying to mitigate the blows of climate change,” she said.
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Originally published at Melbourne News Vine
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