Solar-battery dollars racing out the door

Published: Comments:
Energy & Water Environment Lifestyle Money & Finance Political Queensland Government

Social:   

Renewable energy-focussed Queenslanders will have all but exhausted the Palaszczuk Government’s solar-battery loan scheme within weeks.

Energy Minister Dr Anthony Lynham said interest-free loans and grants for solar and storage first released two weeks ago were estimated to be taken up by 15 December.

“My advice is to get your quote and apply before it’s too late,” he said.

“We’ve added an extra 1000 packages already due to the success of this program.

“This is about helping Queenslanders reduce their power bills, reduce our emissions as we make the transition to a renewable future.

 “This response has yet again highlighted Queenslanders’ thirst for the savings and environmental benefits of renewable energy.”

The scheme offers householders interest-free loans of up to $10,000 and grants of $3000 to purchase batteries or combined solar-battery systems. Small businesses can also apply for the $3000 grant

About 1200 applications have been lodged for the original 1500 packages. Another 1000 packages are being made available, but on the current rate of uptake, these are expected to be taken up by 15 December.

Dr Lynham said Queenslanders could still apply and be placed on a waitlist, in case existing applicants did not install a system, or opted to take just a grant without a loan.

A high energy-using household that contributes $2000 to $3000 towards the upfront cost of their solar and battery system may save $400 a year, even after taking into account their interest-free loan repayments.

This solar-battery scheme comes on top of the scheme that started in June offering interest-free loans of up to $4500 families receiving Family Tax Benefit B to install solar systems.

BACKGROUND

To apply:

  • Get a quote from an eligible battery supplier for an eligible battery system. You can find a list of eligible suppliers and batteries online at www.qld.gov.au/batteryloans
  • Apply online www.qld.gov.au/batteryloans
  • Get approved
  • Tell your supplier you’re approved and get your system installed. (You cannot get it installed before approval or you’re not eligible.)
  • Get back online to have your approved dollar amount paid to your supplier.
  • You have six months from approval to get your system installed.

Minister for Natural Resources, Mines and Energy
The Honourable Dr Anthony Lynham

 
Energy Queensland : Queensland Government, Department of Energy and Water Supply :
PO Box 15456, City East QLD 4002, Queensland Wide
13 43 87
Energy Queensland : Queensland Government, Department of Energy and Water Supply
Showing 10+ recent articles for this business
Fuel prices on tap from midday today 03 December 2018 | Up-to-date fuel prices from more than 1000 servos across Queensland will be available from midday today to new and existing app developers and websites. More information...
Solar-battery dollars racing out the door 02 December 2018 | Renewable energy-focussed Queenslanders will have all but exhausted the Palaszczuk Government’s solar-battery loan scheme within weeks. More information...
More than ever shopping around for best power deal 30 November 2018 | More SEQ householders than ever are shopping around for the best power deal. More information...
Battery grants to drive next Sunshine Coast renewable wave 20 November 2018 | The next wave of Queensland’s renewable revolution is happening, with grants now available for households and small businesses to install batteries to store their solar power. More information...
Time for servos, tech whizzes to sign up on fuel 16 November 2018 | A shout-out has gone to Queensland servos and app developers to get on board the upcoming two-year fuel price reporting trial that’s going to deliver up-to-date prices to motorists. More information...
Time for servos to sign-up for fuel price scheme 01 November 2018 | Queensland’s 1400 fuel retailers can sign up from today to the Palaszczuk Government’s two-year fuel reporting trial that starts next month. More information...
New laws protect Queensland’s mine workers 31 October 2018 | Parliament today backed maximum penalties close to $4 million for mining companies that fail to keep their workers safe. More information...
SEQ power prices continue to decline 30 October 2018 | According to the independent Queensland Competition Authority, for the fourth quarter in a row, power prices have either decreased or remained stable in south east Queensland. More information...
Solar pays back for Queenslanders 26 October 2018 | More electricity retailers are offering to pay Queenslanders more for their excess solar power. More information...
Win for Queensland at Energy COAG 26 October 2018 | Queensland emerged a winner from this morning’s COAG Energy Council in Sydney with the Commonwealth conceding further work is needed on its proposed default tariff proposal. More information...



Social:   
comments powered by Disqus

All articles submitted by third parties or written by My Sunshine Coast come under our Disclaimer / Terms of Service