The NSW Government has launched the $557 million Home Energy Saver program, designed to help families combat the rising cost of living by making energy-saving home upgrades affordable.While energy-efficient upgrades significantly reduce power bills long-term, high upfront costs have traditionally locked many people out. This initiative removes that barrier by offering zero-interest loans and targeted discounts for eligible households.
💰 What’s on Offer?
The program is split into two major initiatives designed to assist different income levels:
What you get: Up to $15,000 in interest-free loans to cover upfront costs.
Repayment term: Pay it off comfortably over 10 years.
Eligibility: Households with a combined annual taxable income of up to $210,000.
Impact: This $480 million commitment is expected to benefit more than 32,000 households.
What you get: Discounts of up to $4,000 on energy-saving measures.
Eligibility: Households with a combined annual income of up to $80,000, or eligible concession card holders.
Renters: Discounts will also be available to renters (with landlord permission).
You can use the program to fund a variety of cost-cutting, comfort-boosting upgrades, including:
- Rooftop solar panels
- Household batteries
- Reverse-cycle air conditioning
- Insulation and draught-proofing
- Ceiling fans
- Switchboard upgrades
An Example: If your household earns $200,000 and you want to install a solar and battery system worth $10,000, you can apply for the zero-interest loan today. Instead of paying $10,000 upfront, you can install the system immediately and pay it off over a 10-year period while enjoying lower power bills straight away.
"We know energy bills are putting pressure on families right now... For many households, the upfront cost of these upgrades has simply been too high. We're stepping in to help where we can."
— Chris Minns, NSW Premier
"This is about giving more families a fair opportunity to access the kinds of improvements that make their homes more comfortable, more efficient and better to live in."
— Penny Sharpe, Minister for Climate Change and Energy
"Helping lower-income earners and renters to overcome the cost barrier... is the fastest way to permanently drive down household expenses."
— David McElrea, Smart Energy Council CEO
Check your eligibility and apply today with us by reaching us on 1300364449
More info 👉 www.energy.nsw.gov.au/home-energy-saver
