Sustainable Household Scheme
Introduction:
When you're not selling the extra solar energy you produced during the day, are you still using the grid to power your home at night? You are therefore ignorant about the ACT Next-Gen battery storage program.
The next-generation battery storage programme, also known as the next-generation battery rebate programme, is helping the energy storage sector grow in Canberra, ACT. Canberrans are now choosing to upgrade their existing roof solar panels with solar batteries in order to extend their access to electricity during the night and on cloudy days.
This is due to the widespread adoption of solar panels in Canberra. especially because the cost of electricity has been rising since April 2022, when it climbed by about 54%. Due to the high cost of solar batteries in Canberra, people have always been hesitant to add batteries to their rooftop solar panel systems. However, thanks to the ACT Next-Gen battery storage program, this concern will no longer exist.
About the programme
This programme offers loans with no interest to assist with the costs of energy-efficient renovations.
You might be eligible for a loan of $2,000 to $15,000. The maximum number of years that the loan can be repaid is ten.
The programme is accepting new applications.
If you meet the requirements, you can borrow between $2,000 and $15,000 to pay for energy-efficient goods. These consist of:
- Household battery storage systems,
- Rooftop solar panels,
- Electric heating and cooling systems
Installation fees for these products include hot water heat pumps (HWHP), electric stove tops, electric autos, and infrastructure for charging electric vehicles.
Throughout the course of the programme, you are free to install any one product or a group of products from the list of permitted items. When combined, these can be worth up to $15,000.
Who can participate?
Households
Residents of the ACT who have a primary residence and a valid driver's licence are eligible (when applying for a loan for an electric vehicle).
This includes going to a free, live workshop that lasts an hour. You'll get advice from these workshops on how to make energy-efficient decisions. Online and in-person workshops are both options.
Depending on the results of your loan application credit check, you may borrow more than $15,000. The loan provider may charge interest costs on any extra borrowings.
Why is it important?
By 2045, the ACT plans to have net zero emissions. By installing and utilising energy-efficient items, you may aid in our progress. It will be simpler to convert to environmentally friendly items thanks to these loans.
A Recognized Retailer For The Next-Generation Battery Storage Program Is Polygon Energy
A company must pass a number of tests, comply with regulations, and receive CEC accreditation before it can become a retailer for the Next Gen Battery Storage Program. All of the requirements are met by Polygon Energy.
Over 1000 people in Canberra have benefited from Polygon Energy's assistance in using the sustainable household scheme loan to install rooftop solar panels, putting homes and businesses in the driver's seat for a smart future and significant cost savings.