The next step in our Net Zero journey: universal household electrification finance

The next step on the journey to Net Zero is for the government to create a low-cost finance scheme for the millions of Australians who cannot afford the upfront investment to move off dirty, expensive fossil gas onto efficient, electric appliances powered by solar.

May 15, 2024

Last night, Treasurer Jim Chalmers delivered his third budget speech, which included important commitments to Australia’s clean energy future. 

Rewiring Australia’s Managing Director Kate Minter and Executive Director Dan Cass were at Parliament House as Dr Chalmers delivered his speech, where commitments were made to build clean manufacturing, reform Australia’s energy market and improve the national electrical skill base. Here’s some of what was announced:

  • Future Made in Australia investments of $27.7 billion over 10 years to create clean energy industries
  • $27.7 million to open up electricity markets to competition so households can generate and share energy with their neighbours, in competition with the energy giants (ie “integrate Consumer Energy Resources”)
  • $91 million commitment towards building the clean energy workforce, including electricians

Cost-of-living concerns were always going to be central to this budget. Today we are in Parliament House reminding the government that the most effective way to reduce energy bills is to help more households afford efficient electric appliances and an EV at least partly powered by rooftop solar. 

The next step on the journey to Net Zero is for the government to create a low-cost finance scheme for the millions of Australians who cannot afford the upfront investment to move off dirty, expensive fossil gas onto efficient, electric appliances powered by solar. We won $1.7 billion last year for electrification and the new training and reform measures are necessary complementary policies, but this is still not enough to get the job done.

We need a bold plan to ensure that no Australian households are locked out of the lower bills and health benefits electrification. 

‍

Blog

Read more news about how Australia can and should electrify

Electrifying our homes and cars is the recipe to cut emissions and save money for Australian homes. Let's build an abundant electric future for Australia.

Update

A win for renters and apartment owners - WA moves to legalise balcony solar

Rewiring Australia | October 28, 2026

Western Australia is the first state to commit to legalising plug-in balcony solar and batteries. It’s a big win for millions of Australians who’ve been shut out of cheap, clean power.

Media Release

Gas lobby protecting a failed business model at consumers’ expense

Rewiring Australia | October 14, 2026

“Electric technologies are scientifically proven to be cheaper and more efficient. A heat pump water heater or reverse cycle A/C uses around a quarter of the energy to heat the same water or air. Gas goons will never tell you this and say it’s about consumer choice. It’s imperative that nobody is fooled by their lies.”

Event

Webinar: How to win a Healthy Homes Plan for NSW

Rewiring Australia | October 2, 2026

Join this webinar organised by the Nature Conservation Council to hear from experts on how improving energy efficiency helps fight climate change and why a Healthy Homes Plan will support rental homes (which are 1/3 of homes in NSW) to be more affordable and liveable.