Green Energy Eco Loan
Homeowners can borrow up to AUD 40,000 for solar panels, batteries and other qualified sustainable home upgrades.
Cette fiche est actuellement disponible en anglais.
The bank lends money for qualified green purchases and home improvements following its Green Express Policy assessment. You repay the loan with interest and fees over a term of up to 10 years.
Examples of qualified purchases include residential solar panels, home batteries, energy-efficient air conditioning and ceiling fans, solar water heaters, air source heat pumps, residential electric vehicle charging, energy monitoring and control systems, induction cooktops, water tanks, double-glazed windows and home insulation.
The published interest rate is 6.99% a year for terms up to 84 months and 7.79% a year for terms of 85–120 months. These rates are dated 14 May 2026 and may change. The establishment fee is AUD 375 and the account keeping fee is AUD 10 a month. You can make additional repayments or pay off the loan early without penalties.
The advertised comparison rates are 8.24% and 9.03% a year respectively. They are based on a secured AUD 30,000 loan over five years; other amounts, terms and charges can change the comparison rate, and it may not include every fee.
Eligibility
The loan is designed for homeowners making qualified sustainable upgrades. Credit eligibility criteria, terms and conditions, fees and charges apply. Pool pumps must meet minimum energy ratings.
How to apply
- Statut
- Candidatures au fil de l’eau
- Conditions de cette période de candidature
- Subject to the bank’s credit eligibility assessment.
Contact Broken Hill Bank’s lending team at lending@brokenhill.bank or call 08 8088 2199 to begin your loan application. The product currently invites applications.