Finance For Solar Panels Australia

Australia s premier providers of finance for commercial solar panels and batteries australia s premier providers of finance for commercial solar panels and batteries with the ailing state of our environment it has never been more vital that we consider the affect our habits and behaviours are having on the planet.

Finance for solar panels australia.

If you use most of your electricity during the day a 6 6kw system purchased for 6 500 will generally pay for itself in around five years. Solar systems currently generate a tax free return that is higher than current bank interest rates or government bonds. That s a return of 12 per annum. Welcome to solar energy finance.

In order for a loan to be worthwhile it needs an interest rate of around 7 or less. We aim to become the leading provider of innovative clean energy finance solutions in australia via solar finance loans solar leases and other products. Our vision at solar financial solutions is for clean energy to be available to everyone. Mortgages obviously take a long time to pay off however and adding more debt could leave you paying a lot more for solar in over the life of the mortgage.

Types of secured solar loans. To qualify for solar panel finance you will need to be 18 years or older and an australian resident. Given the current low mortgage rate of about 4 5 borrowing more against your home to pay for a solar system could be a perfectly sensible way to finance solar panels. A secured solar loan or home equity line of credit heloc takes advantage of the equity in your home to keep interest rates low.

The center estimates it takes an average of six to nine. After that eligibility criteria differ depending on the type of financing you choose. That s 0 down and start paying less for the energy you use.