This is such a landmark development! And we can't wait to have Cecille Weldon update us on the opportunities for #proptech that will come out of this announcement at The Proptech Forum! John Minns Trina Jones #proptechforum
Australia's foremost expert on residential energy efficiency + property marketing. Strategist + business development advisor. Award-winning training. Proptech entrepreneur and advocate. 2024 Women Leading Tech Award.
Important announcement from NSW GOVT TODAY - for any property professional or proptech in the Residential space this is a key announcement: (for me it’s a clear indication of the new value proposition moving into the residential property space - homes that are cheaper to run and more comfortable) Key actions outlined in the strategy that the NSW Government has committed to implementing include: Developing a new incentive and rebate scheme to help households upgrade to energy saving technologies. This includes a $238.9 million new Home Energy Saver program with financial support targeted towards eligible households. The program will be designed and rolled out by the end of 2025. Introducing new home energy ratings from 2025 so renters and buyers have more information about the cost of heating and cooling their potential homes. Setting the first targets in Australia for solar and battery uptake, virtual power plant participation (which allows solar panels and batteries to share their capacity across the grid) and installation safety. This includes a target of 1 million households and small businesses having access to both a rooftop solar and battery system by 2035, rising to nearly 1.5 million by 2050. Improving the safety and reliability of installations by increasing the number of electrical safety inspectors. Providing practical resources and outreach so people can make informed decisions to improve energy efficiency and cut bills. This includes funding community organisations to conduct outreach. https://lnkd.in/gRmMUZMy Proptech Association Australia Kylie Davis Peter Schravemade AJ Chand John Minns Tim Snell REIP (Real Estate Industry Partners) Leanne Howard Tim McKibbin