The Australian Federal Government's Clean Energy Finance Corporation (CEFC) has partnered with Plenti to provide financial support for homeowners looking to transition to solar energy. Through the $1 billion Household Energy Upgrades Fund (HEUF), Plenti is offering low-cost Green Loans to help more Australians reduce their carbon footprint without the burden of high upfront costs.
Starting from 5 June 2024, discounted Green Loans will be available to eligible homeowners. These loans come with extended repayment terms of up to 15 years, making it easier to manage monthly payments. Additionally, homeowners can receive a discount of up to 3.34% per annum on Plenti’s standard green loan rate when purchasing eligible solar energy equipment.
To qualify for the HEUF Green Loan, the solar energy system must be installed by an accredited installer such as Solargain. Eligible systems include solar batteries, solar PV systems with batteries, solar hot water systems, hot water heat pumps, and electric vehicle (EV) chargers.
Eligibility criteria for the HEUF Discounted Green Loan with Plenti include:
- The installation must be done by a NETCC-accredited installer like Solargain.
- The homeowner must own or be purchasing a home valued under $2.5 million.
- The homeowner must be over 18 years old and an Australian citizen or permanent resident.
- A valid driver’s license, Medicare card, or Australian passport is required.
- The homeowner must have a clear line of credit.
- They 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 financing options. As a partner of Solargain, they offer no-deposit, flexible solar plans that allow homeowners to invest in solar energy instead of paying high electricity bills.
Why choose Plenti?
- Loan terms up to 15 years
- No termination fees
- Fast credit approval
For more information about Plenti's Green Loan, visit their official website.
Ready to make the switch to solar without the large upfront cost? Get in touch today for a free quote. Learn more about how to start your journey towards a greener home.
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**Terms & Conditions**
1. The information provided is for general purposes only and should not be considered financial advice. Always consult a finance provider before making any decisions.
2. Solargain PV Pty Ltd does not provide solar finance. However, we can refer you to a financial service if needed.
3. Consider your personal circumstances and explore different finance options before proceeding.
4. Finance is available through Plenti (ACL 449176). This is not financial advice and is subject to approval.
5. Fees, charges, and conditions apply.
6. Plenti Australia RE Limited holds an Australian financial services licence number 449176 and is a member of AFCA.
7. The solar energy system must be installed by Solargain.
8. Supply and installation are subject to Solargain's Terms and Conditions of Trading.
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