NSW Heat Pump Installers Set for Big Wins
If you’re installing commercial heat pumps in NSW, the latest rule changes could be a real game-changer.
NSW becomes more attractive
Over in NSW, requirements and eligibility haven’t changed. It’s still business as usual. Well, not really. There’s a big upside on the horizon.
Higher ESC returns with the Gas Conversion Factor Update
The regulator is proposing an updated Gas Conversion Factor, which could significantly boost ESC creation for gas-to-heat-pump replacements.
We’ve already run the numbers on some common heat pump systems. If this change goes through, ESC returns for certain installs could climb sharply, putting more money in your pocket for every job.
This is how much you could be earning with your next install:
| Electric 3.6kW Baseline | Gas 3.6kW Baseline | F17 - New Gas Factor | ||||
|---|---|---|---|---|---|---|
| Current ESCs | Current ESCs |
Projected ESCs |
Current ESCs |
Projected ESCs |
||
| Total system tank volume (L) | Total heat pump thermal capacity (kW) | 229 | 73 | 304 | 58 | 273 |
| 290 | 4.00 | 251 | 85 | 331 | 78 | 330 |
| 300 | 3.97 | 250 | 84 | 330 | 75 | 327 |
| 326 | 5.85 | 167 | 54 | 222 | 71 | 323 |
Victoria’s Tightening the Rules
The Victorian Government recently announced updates to for Commercial Hot Water (Activity 44) incentives. These changes make incentives for commercial heat pumps in Victoria harder to claim:
Eligibility cut – Only systems with an insulated storage volume over 700L qualify. Smaller manifolded systems that add up to 700L? Not eligible.
Stricter requirements – New fit-for-purpose rules and updated calculation factors apply.
Bigger co-payments – Jumping from $200 to $1,000 per install.
Check Your Incentive Eligibility
1. What type of upgrade are you interested in?
2. Where is the property located?
3. Are you replacing an existing system (if applicable)?