An electric vehicle in every driveway, solar panels on every roof and electric appliances in every kitchen.
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That could be Canberra in two years' time under a climate and cost of living policy proposed by independent Senate candidate David Pocock to give the national capital the world's first fully electrified suburbs.
A 'Suburb Zero' pilot in the ACT would be the first step towards a National Electrification Program, that the former rugby great would advocate for if elected to the Senate.
Modelling of an ACT-wide household electrification by Rewiring Australia showed that during a two-year pilot, participating Canberrans would save 20-25 per cent on their fuel and energy bills.
By 2030 the average ACT household would save more $5000 per year adding up to more than $900 million in total savings each year, the modelling found. The local economy would grow by around 5500 jobs and $580 million additional spending.
"Fundamentally, this policy is about creating jobs, saving people money and ensuring the ACT reaps the benefits of the smart energy transition that is already underway," Mr Pocock said.
"We have the solutions to reduce energy bills and to put Canberra at the forefront of the renewable energy transition, now we just need the leadership to get it done."
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Homeowners and renters opting into the proposed pilot would be provided with an electric vehicle, rooftop solar, battery storage, heat pumps and all electric appliances from a fund compromised of $20 million in federal government funding and $50 million from private sector investors.
A nation-wide rollout would cost around $12 billion, roughly equal to the federal government's annual fossil fuel subsidies.
It comes as a new report from the Climate Council released on Tuesday found one in 25 Australian properties will be effectively uninsurable by 2030, due to rising risks of extreme weather and climate change. In the highest risk regions, one in seven homes would be uninsurable.
More than 3000 properties in the ACT, or 1.3 per cent, would be uninsurable by 2030 the new analysis found.
Mr Pocock said if elected he would support both climate adaptation bills proposed by the teal independents Zali Steggall and Helen Haines in the last parliament.