‘Green Loans’ Scheme Rolled Out to Stem Household Emissions: Government

Cheap green loans will be offered by Plenti to Australian homeowners to retrofit their properties to meet new emissions guidelines.

A drone picture shows a residential rooftop solar unit on a house in Canberra, Australia, on March 3, 2023. AAP Image/Lukas Coch

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.