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THE AUSTRALIAN GOVERNMENT INSULATION REBATE
The Australian Government has announced the Homeowner Insulation Program which offers ceiling insulation worth up to $1,600 to owner-occupiers.
The program targets homeowners who are currently uninsulated, or have ceiling insulation with an R-value of 0.5 or less.
If the total cost of installation is less than $1,600 there will be no more for the homeowner to pay. This will be the case for most homeowners, as the average cost to insulate a home is estimated to be $1,200.
The full program starts on 1 July 2009 and will run until 31 December 2011, but homeowners don’t have to wait. The Australian Government has released early installation guidelines so people can access this assistance now.
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Early Installation Guidelines
Homeowners who have ceiling insulation installed between 3 February and 30 June 2009 can send in their tax invoice with proof of purchase to claim a reimbursement of up to $1,600.
The insulation must be installed by a skilled tradesman (e.g a builder, plasterer or specialist insulation installer) who is working for a business with an Australian Business Number.
The $1,600 insulation assistance is an alternative to the $1,600 solar hot water rebate. People cannot access both $1,600 rebates for the same home.
For more information visit the Homeowner Insultation Program website
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