Why does my quote include a Home Building Compensation Fund (HBCF) Insurance fee?
In NSW, home building compensation cover (HBCF) is required for residential building work, when the contract value exceeds $20,000. This includes the installation of Solar & Battery under the category of “H04: Building work to an existing dwelling”.
The Solar & Battery retailer must provide proof of HBCF cover before commencement of any works. HBCF is a mandatory compliance requirement in NSW. It provides protection for various issues such as failure to commence work, failure to complete work, and defects (both major and non-major).
The insurance cover amount depends on several factors including post code & total contract value. Further information on the HBCF program can be found here: