Hot Water Systems in Mcmahons Point
The 2060 postcode, covering Mcmahons Point, Hmas Platypus, Hmas Waterhen, Lavender Bay, North Sydney, North Sydney Shoppingworld and Waverton and surrounding areas, is home to around 8,545 households. With many households already generating their own clean solar power, many are now looking at how they can make their entire home energy system more efficient, with hot water heating often the logical next step.
With hot water roughly accounting for a quarter of the average home's energy use, switching to an energy-efficient hot water system is one of the biggest opportunities for savings. Across Mcmahons Point and the 2060 area, 54 homeowners have already switched from older electric storage and gas hot water systems to solar hot water or air-source heat pump systems that draw on clean, renewable power while also claiming the hot water rebates to reduce their hot water heater system cost. These highly-efficient systems not only help cut energy bills but also reduce carbon emissions and improve overall energy independence.
With Mcmahons Point's climate delivering an average of 4.5 kWh/m² per day, conditions are ideal for hot water systems and hybrid heat pump systems that harness both sunlight and ambient air temperature to heat water efficiently all year round. When paired with existing rooftop solar power or solar batteries, the result is hot water that costs far less to run and is powered by clean, self-generated energy.
Hot Water Ranking
Postcode 2060
445th
State Wide
1713rd
Australia Wide
Hot Water Installation Mcmahons Point
Estimated daily energy to heat household water, comparing a resistive electric element with a high-efficiency heat pump. Demand shifts month-to-month using local climate patterns.
Energy Efficient Hot Water & Solar Power Mcmahons Point
* Data from the Bureau of Meteorology. Closest station: N/A.
Solar Powered Hot WaterMcmahons Point
Illustrates how a typical 6.6 kW rooftop solar system can offset the daytime energy demand of a COP 5 heat pump hot water unit.
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Heat Pump Hot Water Systems for Mcmahons Point
Compare heat pump hot water systems suitable for Mcmahons Point's climate. These energy-efficient systems are designed to work in local temperature conditions and can significantly reduce your hot water energy costs.
Community Hot Water Statistics - Mcmahons Point, 2060
Hot Water Demographics - Mcmahons Point
Based on the Australian Bureau of Statistics 2021 Census (ABS), Mcmahons Point has around 8,545 private dwellings, home to approximately 13,788 people. With an average household size of 1.9 people, and around 50 litres of hot water used per person each day in Australia, Mcmahons Point households use approximately 95 litres of hot water daily, equating to a massive 0.8 million litres of hot water used across the suburb every single day.
Other census insights reinforce Mcmahons Point's suitability for energy-saving improvements like energy-efficient or solar-powered hot water. The Mcmahons Point community is home to 853 couple families with children and 183 one-parent families, meaning a large proportion of households face substantial hot water demand. With 1,213 homes owned with a mortgage and 1,721 owned outright, many residents also have the homeownership and growing equity that make switching to efficient hot water systems a practical way to lower expenses.
Mcmahons Point is converting hot water demand to efficient systems faster than many peers, with 0.6% of dwellings already upgraded.
Hot water systems in Mcmahons Point
Across McMahons Point, more locals are rethinking their hot water system as power prices rise and older gas units reach the end of their life. With an average household size of just 1.9 people and a lot of apartments and townhouses, many homes do not need an oversized unit – they need the most efficient hot water system for compact spaces and busy lifestyles. With strong sunlight averaging about 4.5 kWh/m² per day over the year, McMahons Point is well suited to both a modern heat pump hot water system and a quality solar hot water system, especially for households keen to cut bills and emissions.
In a postcode with more than 7,200 occupied dwellings and a high proportion of renters as well as owners, upgrading from older gas or electric hot water to an energy efficient hot water system is becoming a logical next step. Swapping out a tired gas storage unit for a heat pump hot water system or a solar hot water heating system can deliver substantial annual hot water energy savings, especially for households with higher incomes and mortgage repayments who want to future‑proof their property. For many residents, solar hot water vs electric hot water is no longer just a green choice – it is a hip‑pocket decision.
In 2060, hot water demand is shaped by a mix of professional couples, downsizers and smaller families, so correctly sizing your hot water installation matters. A one‑ or two‑bedroom apartment will often suit a compact electric hot water system or a balcony‑friendly heat pump hot water installation, while larger homes may lean towards roof‑mounted solar hot water installation with a ground or roof tank. Local installers regularly work with brands such as Rheem heat pump hot water, Rheem solar hot water, Rinnai solar hot water and Sanden heat pump units, helping homeowners choose the best heat pump hot water system or solar option for their space and budget.
Typical annual bill savings in McMahons Point can look like: • Old electric hot water system to heat pump: save around $350–$700 per year • Gas to heat pump hot water system: save around $250–$600 per year • Gas to solar hot water system: save around $250–$600 per year • Old electric to modern electric hot water installation with rooftop solar: save around $250–$500 per year
These ranges depend on usage, tariffs and whether you are using timers or solar diversion to run your hot water system when your panels are producing. For many households, the hot water system price or cost is quickly offset by lower running costs, particularly when you factor in a heat pump hot water rebate, solar hot water rebate or an electric hot water system rebate.
Recent data shows 54 efficient hot water systems have already been installed in the McMahons Point postcode, combining both heat pump and solar hot water installations. Installations picked up in years like 2008, 2010 and 2020, and there has been a steady trickle of systems added right through to 2025. This growing base of efficient units reflects a broader shift towards electrification, interest in the most efficient hot water system options, and a desire for lower running costs in high‑density suburbs on Sydney’s lower north shore.
Hot Water Rebates, Tariffs & Savings
Homeowners and strata committees in McMahons Point are increasingly replacing old gas or resistive electric hot water with efficient options like a heat pump hot water system, updated electric hot water system or a rooftop solar hot water system. Federal incentives such as Small‑scale Technology Certificates (STCs) apply to eligible heat pump and solar hot water systems NSW‑wide, effectively reducing the upfront solar hot water price / cost or heat pump hot water price / cost. On top of this, state‑based schemes can offer a dedicated heat pump hot water rebate or solar hot water rebate, and in some cases support for an electric hot water vs gas hot water switch.
When you combine these hot water rebate NSW programs with smart tariffs and rooftop solar, the real‑world hot water system price / cost can drop dramatically, sometimes by a substantial percentage. Many McMahons Point households see hundreds of dollars per year shaved off bills, and payback periods can shorten considerably when a solar hot water vs electric hot water upgrade is timed with a broader solar install. Using timers or a solar‑diverter to run your energy efficient hot water system in the middle of the day further boosts savings and cuts reliance on grid power.
If your current unit is leaking, running out of hot water or simply getting old, it is a good time to check whether your home is ready for a hot water upgrade in McMahons Point. Whether you are considering heat pump vs solar hot water, a modern electric hot water installation, hot water repair, solar hot water repair or even a solar hot water tank replacement, working with experienced hot water installers like us makes all the difference. With strong local interest in sustainability and all‑electric homes, efficient hot water systems can help reduce bills, cut emissions and future‑proof your property. Connect with trusted local experts for personalised advice on the best hot water system Australia can offer for your McMahons Point home and to explore the right hot water rebate NSW options for you.