Prospective homeowners in the state of Queensland could save up to $5,000 from next year, as the Newman Government announces plans to scrap its hot water system regulations.
Under the current law, homeowners in reticulated natural gas areas are obliged to install gas, solar or heat pump hot water systems, although minister for housing and public works Tim Mander says this policy is "not fair", and that people should be free to use a cheaper electrical model.
Mr Mander insists that, while solar or heat pump systems are more energy efficient, they often cost a great deal more to install and repair, as well as additional and sometimes complicated plumbing and electrical work before they can even be introduced to a property.
However, the government's decision to scrap the ruling could attract a great number of new buyers to the state, where people can also apply for a $15,000 First Home Owners' Grant.
