Social Housing Energy Performance Initiative (SHEPI)
The Social Housing Energy Performance Initiative (SHEPI) is a transformative program by the Federal Government, designed to reduce energy costs and improve sustainability in social housing properties across Australia. With a total funding pool of $800 million, this initiative is set to deliver substantial benefits over the next three years, supporting up to 60,000 properties with energy efficiency upgrades.
What is SHEPI?
SHEPI is part of the government’s commitment to making housing more sustainable and affordable. The program provides funding for energy-efficient upgrades such as solar panels, heat pumps, LED lighting, and air-conditioning systems in social housing. These improvements aim to lower energy bills for tenants, enhance living conditions, and contribute to Australia’s carbon reduction targets.
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This initiative targets the most vulnerable households by improving access to clean energy solutions and helping to alleviate energy poverty. The upgrades not only reduce operational costs for community housing providers but also align with broader sustainability goals by lowering carbon emissions across the housing sector.
Who Can Benefit from SHEPI?
SHEPI is available to community housing providers (CHPs) and social housing organisations that operate eligible properties. These upgrades are particularly beneficial for older housing stock, which often has higher energy inefficiencies.
Over the next three years, SHEPI funding will enable providers to:
Reduce tenants’ energy costs through modern, energy-efficient technologies.
Improve living standards by enhancing indoor comfort and accessibility to renewable energy.
Align with sustainability goals by transitioning to environmentally friendly energy solutions.
Key Features of SHEPI
Funding Expansion
With an additional $300 million in funding added to the original allocation, SHEPI now totals $500 million, reflecting the government’s commitment to reducing energy costs in social housing.
Three-Year Rollout
The initiative is being rolled out over three years, providing CHPs with ample time to plan and implement energy efficiency projects.
Targeted Upgrades
Focuses on critical areas such as solar installations, heat pumps, air-conditioning systems, and other high-impact energy-efficient technologies.
National Impact
SHEPI aims to support properties across Australia, prioritising areas with significant energy needs.
4Eva Energy’s Role in SHEPI
As a leader in energy efficiency solutions, 4Eva Energy is uniquely positioned to help community housing providers maximise the benefits of SHEPI. With expertise in projects involving solar, heat pumps, and energy-efficient appliances, we ensure seamless implementation and optimal use of funding.
Our Service
Consultation
Assisting CHPs in identifying eligible properties and planning upgrades.
Implementation
Managing installations with a focus on safety, quality, and minimal disruption to tenants.
Subsidy Optimisation
Leveraging state-level schemes such as the NSW Energy Saving Scheme and Victorian Energy Upgrades program to further reduce costs.
Sustainability Reporting
Providing detailed reports on energy savings and carbon reductions for compliance and stakeholder engagement.
Why SHEPI Matters
SHEPI is a game-changer for social housing providers and their tenants. It not only addresses immediate energy cost challenges but also lays the foundation for a more sustainable and equitable future. By upgrading social housing to modern energy standards, the initiative delivers long-term benefits for providers, tenants, and the environment.