Facebook Pixel {العنوان: سلسلة} | {اسم المغناطيس: سلسلة} - {الفئة: سلسلة} - اقرأ هذه القصة على Magzter.com

يحاول ذهب - حر

Households flick the switch

June 2023

|

Money Magazine Australia

Electrification is gaining ground as Australians turn away from gas, but assessing the financial benefits can be complicated

- TOM WATSON

Households flick the switch

As Australia transitions towards renewable energy sources, there’s also a transformation going on in kitchens, living rooms, bathrooms and bedrooms across the country: household electrification.

According to recent research by the Australia Institute, there is a strong appetite among homeowners to shift away from gas to electric appliances, with 55% of those surveyed feeling positive about the move towards electrification compared with 13% who felt negatively.

Dayne Thompson, chief executive of EnergyFit Homes, says he’s come across more people interested in transforming their homes as the national conversation around electrification has grown. Most of them are motivated to move away from gas for two major reasons.

“I would say that the cost of energy bills and the environment are the two main drivers. Environment for the older generation because we actually have a lot of retirees who want to make sure that they’re doing their part, and then cost for the younger generation. That’s what we typically find.”

But how much does electrifying a home cost – is it worth it from a savings perspective? And what else should households consider before getting started?

Benefits of electrification

Carl Tidemann, a senior researcher at the Climate Council and one of the authors of a 2022 report analysing the running costs of gas and electric appliances, says there are a number of ways homeowners may benefit from a move away from gas.

“There are some pretty major health benefits, particularly with cooking or if you’ve got gas heating that’s unflued – although, thankfully, I think it’s becoming less common – because burning anything in the home isn’t great for indoor air pollution.

المزيد من القصص من Money Magazine Australia

Money Magazine Australia

Money Magazine Australia

Staying true to purpose

When it comes to super funds, Australians are spoilt for choice with 21 industry funds, 57 retail funds and a variety of public service and corporate funds to pick from. This breadth of choice also highlights how difficult it is to take out our top award of Best Super Fund - a title that goes to Hostplus.

time to read

1 mins

December-January 2026

Money Magazine Australia

Money Magazine Australia

WHAT SUPERANNUATION UPDATES DO PEOPLE NEED TO BE ACROSS?

Let's start with the fundamentals. From July 1, 2025, the superannuation guarantee rate increased to 12%, marking the final scheduled rise under current legislation.

time to read

1 min

December-January 2026

Money Magazine Australia

Money Magazine Australia

HOW CAN CONSUMERS GET A MUCH FASTER NBN SERVICE?

In September 2025, the NBN experience changed for millions of Australians. It got faster. A lot faster.

time to read

2 mins

December-January 2026

Money Magazine Australia

Money Magazine Australia

Make money from your home

From garden sheds to driveways, our homes could be hiding more earning potential than we realise.

time to read

3 mins

December-January 2026

Money Magazine Australia

Money Magazine Australia

HOW CAN CONSUMERS TAP INTO LOWER FEES?

Fancy an extra $5000 in your bank account? Walk this way. The common thread in this year's banking award winners' rollcall is the theme of higher savings.

time to read

2 mins

December-January 2026

Money Magazine Australia

Money Magazine Australia

HOW OUR WINNERS ARE CHOSEN

Hundreds and thousands of providers were examined to identify the award winners in the superannuation, managed funds, exchange traded funds, banking products and insurance categories in Money's Best of the Best 2026.

time to read

5 mins

December-January 2026

Money Magazine Australia

Money Magazine Australia

Crunching the numbers

Know the facts before taking the plunge with first- home buyer's schemes.

time to read

5 mins

December-January 2026

Money Magazine Australia

Money Magazine Australia

Profit and loss in the Pilbara

This solid miner is up against strong offshore headwinds.

time to read

3 mins

December-January 2026

Money Magazine Australia

Theory of adaptability

Whatever your thoughts about AI, it's here to stay and these are some of the humans doing great things with it.

time to read

2 mins

December-January 2026

Money Magazine Australia

Money Magazine Australia

Powerhouse of investing

Australian investors can choose from almost 400 exchange traded funds (ETFs). While this is great for investors, it can be hard distinguishing the merits of different fund managers. Our Best ETF Manager award sorts through the crowd, and this year, the top accolade goes to US-based BlackRock Investment Management.

time to read

1 mins

December-January 2026

Translate

Share

-
+

Change font size