Solar Finance

A large number of homeowners installing solar power systems use finance of some sort to pay for their system. Different options include borrowing against your mortgage, getting a personal loan or looking at a tailored solar finance package such as a lease or power purchase agreement (PPA).

 

Green Energy Option is happy to be able to offer $0 down Solar Finance options through our business partner Energymatters. Here’s some information about it how it works.

 

  • No deposit required, pay nothing up front in most cases
  • Save on your electricity costs
  • Monthly direct debit payments to our third-party financier
  • Green Energy Options supplies and installs the system
  • After repayments are made, you’ll enjoy free electricity from the sun.

 

The eligibility process is quick and simple. Once you have been approved by the third-party financier, you’ll be ready to start saving! Give us a call today to find out more 1300 931 872.

 

Green Energy Options can also offer a range of commercial and finance solutions including solar leasing options.

 

For other Green Loan options out there, here’s a list of some of the banks and credit unions with low interest green loan options.

 

Green Loans

Although the federal government low interest Green loans program is no longer available, there are a number of banks and financial institutions that are now offering low interest green loans, which are available to those installing solar power systems.  Below are a rundown of some of the options that are around at the moment:

 

Bendigo Bank’s Generation Green loans provide a discount off their standard interest rates for those making green improvements to their home. They offer both personal loan and home loan options.

 

BankMECU are also offering different home loan options if you are financing a home with sustainability features like solar panels. Check out their GoGreen for more info.

 

Hunter United have a green personal loan option for between $2,000 and $20,000 for up to five years, they also provide a green home loan option.

 

Community First Credit Union also has an attractive green loan option, you can find out more details here.

Victoria Teachers Mutual Bank offers a Green personal loan.

Some other institutions offering green loans include

Laboratories Credit Union

Maleny Credit Union

Queensland Country Credit Union

 

PLEASE NOTE: The information included in this article is provided as a starting point when considering how to pay for a solar power system, it does not take into account your personal circumstances and Green Energy Options strongly recommends seeking professional financial advice and reading the associated terms and conditions before making any decisions on financing your solar system.

 

To find out more about our solar finance opportunities or for any solar power questions please contact Green Energy Options on 1300 931 929 or info@greenenergyoptions.com.au