
‘Green Loans’ Scheme Rolled Out to Stem Household Emissions: Government
Published on June 3, 2024
Cheaper environmentally-friendly power is the aim of the federal government as it pledged $60 million into household energy upgrades. As part of the Albanese Labor government’s $1 billion Household Energy Upgrades Fund (HEUF), the Clean Energy Finance Corporation (CEFC) will support low-interest loans provided by lender Plenti that can be used for energy-efficient upgrades to “future proof” homes against producing emissions. The installation of solar panels and lithium batteries is often out of reach for the average consumer, but so-called “green loans” are now in vogue as the government makes the push to provide homeowners with a credit line, typically with low interest, to introduce these products to new or existing builds....
