STIEBEL ELTRON Welcomes Victorian Government's Decision to Phase Out Gas Connections

STIEBEL ELTRON congratulates the Victorian Government's recent announcement that all new Victorian homes will be required to be all-electric starting in 2024. These changes will apply to all new homes requiring a planning permit, including new public and social housing projects delivered by Homes Victoria.

Glenn Day, Head of Public Affairs & Engagement for STIEBEL ELTRON, stated, "The recent announcement provides certainty for investment in manufacturing products to help achieve net-zero electrification. We have maintained a clear focus on electrification for nearly one hundred years." Day expressed hope that other states will follow Victoria's lead, adding that "the technology has always been available and is continuously improving. With the increasing availability of renewable energy options, homeowners in Victoria can expect to save money."

STIEBEL ELTRON specialises in electricity-based products such as air and ground source heat pumps and electric instant water heaters. For nearly thirty years in Australia, the company has been involved in thousands of all-electric residential dwellings, providing energy-efficient and cost-effective solutions for homeowners. With the recent announcement from the Victorian government requiring all new homes to be all-electric starting in 2024, STIEBEL ELTRON's expertise in all-electric products is becoming increasingly relevant.

The cost of gas is increasing rapidly worldwide, and there is uncertainty around supply. Victorians are at the mercy of private companies exporting gas overseas, which has a real impact on the cost of gas for Victorians at home. All-electric homes will allow homeowners to avoid dealing with fluctuations in commodity prices. STIEBEL ELTRON is excited to support the transition to all-electric homes in Victoria and beyond.

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