Eligible New South Wales’ households will now be able to access zero-interest loans of up to $15,000 to install energy-saving and cost-cutting upgrades such as rooftop solar, household batteries, insulation, reverse-cycle air conditioning, switchboard upgrades, ceiling fans, and draught-proofing.
The NSW Government’s $557 million Home Energy Saver program is available to help NSW families lower their power bills by making energy-saving upgrades more affordable.
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In addition to loans, the program will provide discounts of up to $4,000 to eligible families looking to upgrade with energy-saving measures.
The Home Energy Saver program includes:
- Zero-interest loans available to households with a combined taxable income of up to $210,000. This will allow eligible households to pay off up to $15,000 in upgrades over 10 years rather than upfront. This is expected to benefit more than 32,000 households.
- Targeted discounts of up to $4,000 will be available later in 2026 to households with a combined annual income of up to $80,000, or eligible concession card holders.
Eligible households wanting to apply for a discount and a zero-interest loan on a single upgrade are advised to apply for the discount first, then seek a loan to cover the remaining amount.
Discounts will also be available to renters, to make upgrades with their landlord’s permission.
Premier Chris Minns said, “We know energy bills are putting pressure on families right now, and while this won’t solve every cost-of-living challenge people are facing, it’s practical help that can make a real difference.
“For many households, the upfront cost of these upgrades has simply been too high. We’re stepping in to help where we can, so more families can access technology that lowers their bills and makes their homes more comfortable.
“We’re doing what we can to help families now, while making sure NSW has a more reliable and secure energy system for the future.”
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Smart Energy Council CEO David McElrea said the program was “a massive win” for households looking to take control of their energy bills.
“Helping lower-income earners and renters to overcome the cost barrier to modernising their homes with smart solar, batteries, efficient cooling and heating is the fastest way to permanently drive down household expenses while building a more resilient grid,” McElrea said.
