Green Loans

Green Loans have been set up by the Australian Government in order to provide subsidised loans to assist in making houses more environmentally friendly. This is a great way to provide financial assistance to households to gain access to the resources they need to invest in energy and water efficient technologies, and hence reduce total greenhouse emissions from domestic households.  After undertaking a free “home sustainability assessment”, owners or tenants of eligible homes are allowed to take out a loan of up to $10,000 at zero interest in order to make the changes suggested in the assessment.

The assessment is carried out by a qualified expert assessor and will provide advice from the smallest behaviour change to major investments such as photovoltaic panels or a solar hot water system which can be installed by your local plumber. The assessment itself is also completely free and should only take around 1.5 hours. While only one green loan can be made per assessment, this loan can be used to carry out a number of different projects.

Funding for these loans is obviously limited so those interested should act fast. If you would like to be considered for a loan, book a Sustainability Assessment by calling the hotline on – 1800 895 076.

More information is available at http://www.environment.gov.au/greenloans/


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