Tasmania launches energy efficiency loan scheme

Rooftop solar panels on suburban home (energy upgrades)
Rooftop solar panels (Image: Shutterstock)

The Tasmanian government has launched a new energy efficiency loan scheme this week.

Minister for Energy Matthew Groom said the $10 million Tasmanian Energy Efficiency Loan Scheme, launched in partnership with Aurora Energy and Westpac, would help Tasmanians take control of their power bills.

“We know that power bills are a big issue for Tasmanian households and that many Tasmanians would like to do more to save money, but they need assistance to turn an aspiration into reality,” Mr Groom said.

“Tasmanian households and small businesses will now be able to access interest free loans of up to $10,000 to buy energy efficient appliances like heat pumps, double-glazed windows, solar panels and solar hot water systems.”

More than 1860 people have already registered online for the scheme, which is capped at $10 million.

“The scheme will complement the existing No Interest Loan Scheme, which supports concession customers to buy energy efficient appliances for their homes,” Mr Groom said.

“The No Interest Loan Scheme funds 50 per cent of the cost of purchasing energy efficient appliances.

“The Government, Aurora and Westpac are currently working on a scheme to support small businesses with energy efficiency projects valued at $10,000 and $40,000.”

A full list of eligible products is available on the Aurora Energy website.

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