The Australian Federal Government's Clean Energy Finance Corporation (CEFC) has partnered with Plenti to provide funding aimed at helping more households transition to solar energy. This initiative is part of the $1 billion Household Energy Upgrades Fund (HEUF), which empowers Plenti to offer low-cost Green Loans to homeowners across Australia.
These Green Loans are designed to make it easier for homeowners to invest in solar energy without the burden of large upfront costs. By choosing a solar system, homeowners can significantly reduce their household’s carbon footprint and work towards a more sustainable future. The loans are now available with attractive terms starting from 5 June 2024.
Key benefits include:
- Loan terms extended up to 15 years, making repayments more manageable.
- A discount of up to 3.34% per annum on Plenti’s standard green loan rate when purchasing eligible solar equipment.
To qualify for the HEUF Discounted Green Loan, you must have one of the following solar energy systems installed by Solargain:
- Solar battery
- Solar PV system with battery
- Solar hot water system
- Hot water heat pump
- Electric Vehicle (EV) charger
Eligibility criteria include:
- The installation must be completed by a NETCC-accredited installer, such as Solargain.
- The homeowner must own or be purchasing a property valued under $2.5 million.
- Homeowners must be over 18 years old and an Australian citizen or permanent resident.
- Must have a valid driver’s license, Medicare card, or Australian passport.
- Must have a clear credit history.
- Must be employed for more than 25 hours per week, a self-funded retiree, or receiving a government pension.
Plenti is a multi-award-winning financial lender known for its competitive rates and flexible loan options. As a partner of Solargain, they offer no-deposit, flexible solar plans that help homeowners save money on electricity bills while investing in clean energy.
Why choose Plenti?
- Loan terms up to 15 years (for HEUF Green Loans)
- No termination fees
- Fast credit approval
For more details about Plenti’s Green Loan program, visit their official website.
Ready to switch to solar without the big upfront cost? Get in touch today for a free quote. Learn more about the process and how easy it is to start saving with solar.
**Get a quote for solar with a green loan here**
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*Terms & Conditions apply. Always seek professional advice before making financial decisions. Finance is subject to approval. Solar systems must be installed by Solargain. Additional fees and conditions may apply.*
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