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New policy: Queensland to phase out electric hot water systems: new energy deal revealed by Minister

Posted by gmarkets on 25 September, 2007

Just a five per cent reduction in household and business electricity consumption in Queensland over 10 years would reduce greenhouse gas emissions by 14 million tonnes, said C.A. Wallace, Queensland’s Minister for Natural Resources and Water, in the Queensland Legislative Assembly on 5 September 2007.

Programs for all energy users: “Energy conservation – that is, using less energy to achieve the same standards of service – reduces greenhouse gas emissions and saves money,” Wallace said. “It is good news. … Energy savings are an important part of our $1.3 billion ClimateSmart 2050 policy. There is our $50 million Smart Energy Savings Program which will require larger businesses to undertake energy conservation audits and bring on energy-saving measures with a three-year or shorter pay back period. To back this up, there is our $50 million energy savings fund. It offers financial assistance to small and medium businesses to introduce energy conservation measures. Households in remote areas will benefit from the $7 million program of rebates to help them install energy efficient appliances – for example, replacing fridge seals and installing greenhouse friendly hot water systems.

Minister’s message: start now: “In three years time the state government will also start to phase out electric hot water systems,” Wallace said, “and all new commercial buildings in Queensland will have to have a minimum four-star energy efficiency rating. This is about keeping energy costs down and a clean energy future for Queensland. We owe it to our future generations to act now. We are more than doubling the renewable and low-emission technology targets to 10 per cent by 2020 and what we are doing is cutting edge. If we act now, we will be able to have a gradual transition to a cleaner energy future. Energy conservation strategies can start now and save money in the longer term. We can get the balance right and we need to start now.”

Reference: C.A. Wallace, Minister for Natural Resources and Water and Minister Assisting the Premier in North Queensland, Member for Thuringowa, Legislative Assembly, Queensland, 5 September 2007.

Erisk Net, 22/9/2007

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