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.

Green Loan

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. 🙂

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.