Increase in Solar System Installations
According to the Clean Energy Regulator quarterly 2020 report, Australian renewable energy purchases have continued to grow and set new records following on from last year’s report. With the current government incentives for small-scale solar within residential and commercial purchases, now is a great time to buy. This is especially with the personal loans assistance available.
While solar panels may be considered costly, with the standard payback period, it is an investment that ends up saving you, as well as the environment. With this being said, specifically in the current economic climate, we understand it is important to have security within this long-term purchase.
With the need for an extra sense of support, there are several personal loans assistance finance options which could support you in planning your purchase. As partners of IE Solar, both Brighte and Plenti (Rate Setter) are just two of many businesses that can assist with finance plans. The Australian Competition Tribunal announced yesterday that finance options with “buy now pay later” (BNPL) choices available are shown to demonstrate economic benefits to customers. With this support, this means that customers across all states and sales environment are able to access BNPL finances.
Brighte Finance Plans
Some options available to homeowners under Brighte finance plans are the:
- $0 Interest Payment plans, available up to $30 000
- Green Loan, fixed interest rate payment plans
- Personal loan, fixed interest rate payment plans
To view more information on Brighte’s payment plans, click here.
Plenti Finance Plans
As for Plenti, previously known as Rate Setter, they offer low rate loans tailored to each individual. Their ‘Green Loans’ are focused on:
- Rewarding good credit history with better rates
- Loan terms between 3 to 7 years, starting at $2,001
- No early repayment fees.
To view more information on Plenti’s payment plans, click here.
These are just two options of how investing in renewable energy is made easier.
For more information, contact our friendly team here.