Premier gladys berejiklian on sunday announced the empowering homes program a 10 year scheme to incentivise the installation of solar panels and battery storage systems.
Interest free solar panels nsw.
Solar photovoltaic pv systems or solar panels are a way of capturing sunlight and converting it into electricity.
Through this offer you can get an interest free loan of up to.
The government s plan is to offer interest free loans of up to 14 000 for a solar battery system for up to 300 000 owner.
The move came sunday after the labor opposition announced a nsw solar rebates program of up to 2 200 for each of 500 000 households if it.
The nsw liberals nationals government says it will help up to 300 000 households slash power bills using no interest loans to buy solar panel and battery systems.
It was a weekend of nsw solar rebates and loans scheme pledges from the two major parties.
For households with an income of up to 180 000 interest free loans of up to 9000 for a battery system or up to 14 000 for a solar battery system will be available.
The nsw government has flagged its interest free solar battery loans program empowering homes could commence towards the end of this year.
How it works the 15 million initiative will see 3 000 eligible homes in five centres supplied with free three kilowatt solar systems in their homes.
The empowering homes program will offer interest free loans to eligible nsw home owners to install battery and solar battery systems.
The average sydney household can save up to 900 a year by installing a 4 kilowatt solar system on their roof.
Three thousand low income electricity users in nsw are set to benefit from a state government trial offering free rooftop solar systems worth 4 000.
With solahart hot water free from the sun they re also saving energy saving money and helping the environment.
The initiative will support the installation of up to 300 000 battery and solar battery storage systems over the next decade through the provision of interest free loans to eligible residents.
They reduce the amount of electricity you need from the grid which lowers your energy costs.
We know many families look at putting on solar panels or storage battery facilities but the upfront costs and the costs of installing those are so expensive said premier.
Solahart pioneered solar water heating in australia over 60 years ago.
The nsw state government plans to offer interest free loans of up to 14 000 to purchase solar systems for up to 300 000 households with an annual income of up to 180 000.
These systems provide clean renewable energy and can help you cut your energy bills.
Up to 300 000 households across nsw will be able to install solar panels and batteries with no upfront costs under an interest free loan scheme offered by the state government.