news

Landlords offered rebates for energy-efficient households

By Staff Reporter

The Victorian government is now offering rebates to investors who have energy-efficient appliances in their properties – a move which could help people ‘future proof’ their investments, according to a sustainable energy company.

The Victorian government’s Energy Saver Incentive offers rebates to landlords on items such as LED lighting. A number of industry stakeholders believe this program could assist investors to increase their rental yields.

“Tenants and prospective buyers are certainly attracted to properties that feature energy saving technologies like solar panels and LED lighting – and we’re seeing premium returns for these residences,” LJ Hooker’s Richard Rossiter said.

In addition, Ben Wright from cheryLED said LED lighting uses 15 per cent of the energy of a standard halogen, which will appeal to cost-conscious tenants.

Mr Wright said LED lighting boasts a 13-year lifespan compared with typical incandescent lights, which last just 3,000 hours.

According to cherryLED, the switch to LED lighting will help investors reduce the risk of ceiling fires, which have been associated with  poorly installed, heat-generating halogen downlights.

Landlords offered rebates for energy-efficient households
SPI logo
Thank you.

Your enquiry has been sent to a local Aussie Mortgage Broker.

We will be in contact with you shortly.
Opps.

error occurred.
Unfortunately Aussie cannot attend to your home loan related enquiry at this stage as you must be a citizen or permanent resident.
Do you need help finding the right loan for your investment?
What Aussie do for you:
  • Give expert mortgage advice to help you find great investment loan deals
  • Help you maximise return by lowering financing costs
  • Save you time and effort by helping with the paperwork
First name
Last name
Location
Mobile Number
Are you an Australian Resident?
promoted stories

Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
1.
BLUE BAY 49.18%
2.
PAMBULA 43.5%
3.
BERKELEY VALE 42.74%
4.
POINT PIPER 40.52%
5.
NORTH TURRAMURRA 38.12%