Green Loan for Clean Energy Products
20 Jul, 2021
In a win for home and small business owners, the Commonweath Bank of Australia are offering a 10-year fixed rate Green Loan of 0.99% per annum for loans between $5,000 – $20,000.
The loan is specifically designed to facilitate buying and installing ‘clean energy’ products such as:
- Solar Panels (6kW or more)
- Battery Storage (5kWh or more)
- Solar Hot Water (250L or more)
- Heat-pump Hot Water (250L or more)
- Electric vehicle charging stations
It’s a requirement of the loan that solar PV systems and battery storage must be installed by an installer with suitable Clean Energy Council (CEC) accreditation. š
Mode are a CEC-approved Retailer, and our installers hold CEC installer accreditation. We’d love to assist with you with any queries you may have about options for transitioning to clean energy – contact us here!
To learn more about the Green Loan, visit the CBA website or download their Factsheet here.