Tens of thousands of NSW households have been thrown a cost-of-living lifeline, with the state and federal governments teaming up to fund energy-saving upgrades to social housing and to open up access to solar power.

Amid mounting pressure on the Prime Minister to do more for Australians struggling with cost-of-living pressures, Anthony Albanese and Premier Chris Minns will unveil the $206m package on Tuesday, with more than 30,000 households set to benefit from the long-term support.

With social housing properties ranking among the least energy-efficient homes in the country, both governments have pledged $87.5m each over four years for energy-saving upgrades to more than 24,000 properties across the state.

Upgrading a house from a 1-star rating to a 3-star rating can reduce energy consumption by 30 per cent and decreases power bills, and the funding will allow for upgrades such as heat-pump hot water systems, ceiling fans, reverse-cycle air conditioners, solar systems, insulation and draught proofing.

Priority will be given to the older, least energy-efficient properties, and houses in locations that experience extreme heat and cold.

The Albanese government has committed a further $30m to help low-income households and people living in apartments fund rooftop solar installations on apartments, or access a portion of a “solar garden” community energy plot.

An estimated 10,000 households will be able to access the “solar banks” program, which the government estimates could shave up to $600 a year off power bills.

Mr Albanese said the government was committed to ensuring clean, cheap energy was available to all Australians.

“Saving energy means saving money, which is why we’re continuing to deliver cost of living relief for families that need it most without adding to inflation,” Mr Albanese said.

“We want all Australians to have access to cleaner, cheaper energy. Renewable energy for social housing helps power bills and is good for the environment.”

Mr Minns said cost of living was his number one priority as NSW got its energy transition “back on track”.

“We are proud to partner with the Albanese government to deliver cheaper, cleaner energy to some of the least energy efficient houses in the country.”

Energy Minister Chris Bowen said Labor was helping those currently left out of energy efficiency and renewables “reap the rewards of the clean energy transformation”.

“Critical energy upgrades in social housing properties and strong solar energy incentives for apartment block residents across NSW will deliver cleaner, cheaper energy to more Australians,” he said.

A further $1m will be invested in community renewable energy projects on the far south coast, in line with the Labor’s election commitment.

Read related topics:Anthony Albanese



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By Rahul

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