In addition to Federal subsidies, Queensland government is still providing financial assistance to Gold Coast and Brisbane locals who wish to purchase and setup solar power devices, such as solar system and solar batteries. Residents can take advantage of the current Queensland Solar Rebates under the QLD State Government's Affordable Energy Plan. The Affordable Energy Plan offers three different options for interest-free loans and grants with long-term repayment plans of 7-10 years. Meaning, you can finally purchase the solar panel or battery system on the Gold Coast without overwhelming upfront or monthly costs.
Get Queensland Solar Rebate Before It’s Too Late
But you are running out of time. The Affordable Energy Plan grant expires on June 30, 2019. The good news is, Queensland has just released 450 additional Queensland Solar Rebate assistance packages, which increases the number of battery installations available to residents. So, if you want to save money on energy with a new solar PV and battery system or retrofit your existing system with a quality battery system, now is the time to do it!
Affordable Energy Plan: The Three Options
There are 3 interest-free and grant options, which are for solar systems, battery storage, and combined solar and battery systems. Here are the basics of each option:
A. Interest-free Loans for Solar Systems
- Interest-free loan up to $4,500
- Must repay loan within 7 years
- Only available to households with insufficient funds to purchase a solar system upfront
- Small businesses are NOT eligible
B. Interest-free Loans and Grants for Battery Systems
- Grants up to $3,000
- Interest-free loans up to $6,000
- Must repay loan within 10 years
- Households can apply for the loan and grant, or just the grant
- Small businesses are eligible for the grant only
- Limited number available on a first come, first serve basis
C. Interest-free Loans & Grants for Combined Solar & Battery Systems
- Grants up to $3,000
- Interest-free loans up to $10,000
- Must repay loan within 10 years
- Households can apply for the loan and grant, or just the grant
- Small businesses are eligible for the grant only
- Limited number available on a first come, first serve basis
Am I Eligible For Solar Loans And Grants?
When government rebate programs are concerned, many expect a long list of limitations for eligibility. That is not the case with the Affordable Energy Plan. The interest-free loan for solar systems option is the only option that considers household income. The other two options have basic qualifications like “Are you a homeowner or small business owner?” and “Do you have an existing solar system?”.
Answering the 3-5 simple questions will tell you if you or your small business is eligible. Even if you do not think you will qualify, it is worth taking two minutes to check your eligibility. After all, you may have the opportunity to use the government’s money for free to help you save even more money on energy bills.
I Am Eligible for a Queensland Solar Rebate. What Next?
After confirming you are eligible, the next step is to choose an eligible supplier and get a quote. If you reside in South East Queensland, Essential Energy Solution can expedite your free quote. Don’t miss out! You must act now to apply for the Queensland solar rebate and receive your interest-free solar loan and grant.