We are continuing to support Australian households with more choices for discounted loans to improve the energy efficiency of their homes.
Under the continued rollout of the $1 billion Household Energy Upgrades Fund (HEUF), we are committing $40 million to Brighte through the Clean Energy Finance Corporation (CEFC). This funding will support up to $150 million of consumer energy resources (CER) across Australia.
Eligible customers will be able to install:
- solar and battery systems
- energy efficient heating and cooling
- insulation
- EV chargers.
Brighte will offer its HEUF Discounted Green Loan at an introductory rate of 6.99% for terms of 2 to 10 years. Loans will be available for between $2,000 and $55,000.
This is the sixth investment through the CEFC under the HEUF. It takes the total government commitment under the program to more than $400 million, and follows deals with lenders:
- Plenti
- Westpac
- ING Australia
- Bank Australia
- Commonwealth Bank of Australia.
Brighte HEUF Discounted Loans are available now.
