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Plenti offers discounted Green Loans with HEUF Program
The Australian Federal Government’s Clean Energy Finance Corporation (CEFC) has partnered with Plenti to provide funding that helps more households transition to solar energy. This initiative is part of the $1 billion Household Energy Upgrades Fund (HEUF), which empowers Plenti to offer affordable Green Loans to homeowners looking to install solar systems.
With these low-cost green loans, homeowners can significantly reduce their carbon footprint without the burden of large upfront costs, making it easier to embrace a more sustainable future. Starting from 5 June 2024, discounted Green Loans will be available for those interested in solar upgrades.
Key features of the HEUF Green Loan include:
- **Extended loan terms** of up to 15 years, making repayments more manageable.
- A **discount of up to 3.34% p.a.** on standard green loan rates when purchasing eligible solar equipment.
To qualify for the discounted HEUF Green Loan, your solar system must be installed by an accredited installer such as Solargain. Eligible systems include:
- Solar battery
- Solar PV system and battery
- Solar hot water system
- Hot water heat pump
- Electric Vehicle (EV) charger
**Eligibility criteria** for the HEUF Discounted Green Loan with Plenti include:
- The solar installer must be NETCC accredited (e.g., Solargain).
- The homeowner must own or be purchasing a home valued at no more than $2.5 million.
- The homeowner must be over 18 and an Australian citizen or permanent resident.
- Must have a valid driver’s license, Medicare card, or Australian passport.
- Must have a clear credit history.
- 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 options. As a partner of Solargain, they offer no-deposit, flexible solar financing plans that allow homeowners to save money on electricity bills while investing in renewable energy.
Why choose Plenti?
- **Loan terms up to 15 years**, especially with HEUF Green Loans.
- **No termination fees**.
- **Fast credit approval**.
For more details about the Green Loan program, visit Plenti's official website.
Ready to switch to solar without the high initial cost? Get in touch today for a free quote. Learn more about the process of obtaining a quote and how you can benefit from this opportunity.
**Get a quote for solar with a green loan here**
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**Terms & Conditions:**
1. The information provided is general in nature and should not be considered financial advice. Always consult with a financial provider before making decisions.
2. Solargain has no role in solar finance and can refer you to a financial service if needed.
3. Consider your personal circumstances and preferred finance provider before applying.
4. Finance is offered 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 and Credit Licence.
7. The solar system must be installed by Solargain.
8. Supply and installation are subject to Solargain’s Terms and Conditions.