Hot Water Systems in The Risk
The 2474 postcode, covering The Risk, Afterlee, Barkers Vale, Border Ranges, Cawongla, Cedar Point, Collins Creek, Cougal, Dairy Flat, Eden Creek, Edenville, Ettrick, Fawcetts Plain, Findon Creek, Geneva, Ghinni Ghi, Gradys Creek, Green Pigeon, Grevillia, Homeleigh, Horse Station Creek, Horseshoe Creek, Iron Pot Creek, Kilgra, Kyogle, Little Back Creek, Loadstone, Lynchs Creek, New Park, Old Grevillia, Roseberry, Roseberry Creek, Rukenvale, Sawpit Creek, Sherwood, Smiths Creek, Terrace Creek, Toonumbar, Unumgar, Upper Eden Creek, Upper Horseshoe Creek, Wadeville, Warrazambil Creek, West Wiangaree, Wiangaree and Wyneden and surrounding areas, is home to around 2,972 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 The Risk and the 2474 area, 694 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 The Risk's climate delivering an average of 4.9 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 2474
98th
State Wide
441st
Australia Wide
Hot Water Installation The Risk
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 The Risk
* Data from the Bureau of Meteorology. Closest station: N/A.
Solar Powered Hot WaterThe Risk
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 The Risk
Compare heat pump hot water systems suitable for The Risk'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 - The Risk, 2474
Hot Water Demographics - The Risk
Based on the Australian Bureau of Statistics 2021 Census (ABS), The Risk has around 2,972 private dwellings, home to approximately 5,850 people. With an average household size of 2.2 people, and around 50 litres of hot water used per person each day in Australia, The Risk households use approximately 110 litres of hot water daily, equating to a massive 0.3 million litres of hot water used across the suburb every single day.
Other census insights reinforce The Risk's suitability for energy-saving improvements like energy-efficient or solar-powered hot water. The The Risk community is home to 349 couple families with children and 169 one-parent families, meaning a large proportion of households face substantial hot water demand. With 664 homes owned with a mortgage and 1,278 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.
The Risk is converting hot water demand to efficient systems faster than many peers, with 23.4% of dwellings already upgraded.
Hot water systems in The Risk
In The Risk, more locals are quietly upgrading to an energy efficient hot water system to keep bills down and comfort up. With an average household size of around 2.2 people and a big share of homes owned outright or with a mortgage, many residents are thinking long term about running costs and reliability. Swapping an old gas or electric hot water system for a modern heat pump hot water system, solar hot water system or efficient electric hot water system is a simple way to lock in savings year after year.
The Risk enjoys strong sunshine, with average solar exposure of around 17.5 MJ/m² per day – roughly 4.8 to 5 kWh/m² of free energy. That makes the area ideal for a solar hot water heating system or a high quality heat pump hot water installation that sips power while using the ambient air. For many households, hot water can be a quarter or more of total electricity use, so the potential Annual Hot Water Energy Savings in The Risk are significant when you move away from older gas or resistive electric units.
Across postcode 2474 there are about 2,611 occupied private dwellings, most of them separate houses with decent roof space. That has helped drive steady interest in efficient hot water, especially among families and older residents on fixed incomes who feel every power bill. Local installers are seeing more questions about heat pump vs solar hot water, solar hot water vs electric hot water and which option is the most efficient hot water system for a particular home and budget.
Popular brands around The Risk include Rheem solar hot water and Rheem heat pump hot water systems, along with Rinnai solar hot water and premium Japanese Sanden heat pump units. These sit alongside options from Thermann and other reputable manufacturers, giving homeowners plenty of choice when comparing hot water system price, reliability and warranty support. For some, the best hot water system Australia can offer is a simple, well sized electric hot water system paired with rooftop solar; for others the best heat pump hot water system or a Chromagen solar hot water style setup ticks more boxes.
Efficient hot water systems are already well established locally, with 694 heat pump and solar hot water installations recorded in the 2474 postcode. Installations ramped up strongly around 2009–2011, with more than 250 systems installed in those three peak years alone, and have continued at a steadier pace since. This long term trend shows how households in The Risk are embracing electrification, lower running costs and cleaner hot water as technology and rebates improve.
For a typical home in The Risk, upgrading can deliver real bill reductions, especially when combined with solar. Indicative annual savings can look like this:
• Old electric to heat pump hot water system: save around $350–$700 per year • Gas to heat pump hot water: save roughly $250–$600 per year • Gas to solar hot water system: save about $200–$550 per year • Old electric to modern electric hot water installation with solar: save around $250–$500 per year
Actual figures depend on tariffs, usage and whether you use timers or solar diversion, but they give a sense of why locals are asking more about energy efficient hot water system options.
Hot Water Rebates, Tariffs & Savings
In The Risk and across NSW, there is growing interest in replacing ageing gas or electric units with efficient options such as a heat pump hot water system, a modern electric hot water system or a roof mounted solar hot water heating system. Australian Federal Government incentives in the form of Small-scale Technology Certificates (STCs) can apply to eligible heat pump and solar hot water installation projects, effectively reducing the upfront heat pump hot water price or solar hot water price at the point of sale. On top of that, NSW programs can offer a heat pump hot water rebate or solar hot water rebate for certain households, and there are also electric hot water system rebate style offers when replacing old, inefficient models.
For many homes in The Risk, these hot water rebate NSW schemes and federal incentives together can shave a substantial percentage off the installed hot water system cost, shortening payback times to just a few years. Combine rebates with solar, smart tariffs, and simple controls like timers, and it is common to see hundreds of dollars a year knocked off bills. Add in the peace of mind of local hot water repair support and solar hot water repair expertise, and the case for upgrading becomes even stronger.
If you live in The Risk and your existing unit is old, noisy or running up big bills, it is a good time to check whether a heat pump hot water installation, solar hot water installation or efficient electric hot water installation makes sense. Talk with experienced hot water installers who understand hot water NSW conditions, brands like Rheem, Rinnai and Sanden, and the full range of hot water rebate NSW options. A tailored hot water upgrade can cut emissions, reduce running costs and future proof your home or small business. To explore which system will suit your budget, roof space and lifestyle, connect with trusted local experts for personalised advice with us today.