Green Loans
Information for householders
Frequently asked questions
How can I book for an assessment?
If you are interested in having a Home Sustainability Assessment, call the Hotline on 1800 895 076.
How does the booking system work?
The Household can book an assessment by calling 1800 895 076 or by giving an assessor permission to book on their behalf.
Do I have to have the house assessment to get the loan?
Yes, the loan exists to support the Household in adopting the recommendations outlined in the Assessment Report. Only those recommended actions from the report will be covered by the loan.
Can the Green Loan be used in conjunction with other Government rebates?
Yes. Eligibility for the loan subsidy is not affected by other available subsidies and incentives for the same items or actions
What is the extent of Renewable Energy Certificates (RECs) available from the implementation of eligible actions under the Home Sustainability Assessments?
Normal REC arrangements apply through existing schemes. The Green Loans Program does not affect REC eligibility; nor will the Program be involved in the allocation of RECs.
What is the income threshold for Green Loan eligibility?
The Green Loans Program has a target upper threshold of $250,000 annual income for the applicant. Suitable evidence of an applicant's taxable income may be requested and may include the most recent Notice of Assessment produced by the Australian Taxation Office.
Who pays for the assessment?
The Home Sustainability Assessment has a nominal value of $250 but is free to the Household as it is fully subsidised by the Australian Government. No fee should be paid by the Household to the Assessor for a Home Sustainability Assessment.
Why is the assessment free?
The Australian Government is subsidising the cost of the Home Sustainability Assessments because it recognises that charging a fee immediately restricts the uptake of the service and introduces issues of equity. Those in most need of support to reduce their operational energy and water costs are those least likely to have discretional income available to contribute to the cost of the Home Sustainability Assessment service.
Are renters eligible for the Green Loans Program?
Yes, providing they are listed on the current lease. Of course, you must adhere to the requirements of your lease in making any changes to the property.
Are new homes eligible?
The Green Loans Program is aimed at increasing the efficiency of existing homes. The dwelling being assessed must have been completed and occupied for at least 12 months (not necessarily by the applicant). Suitable proof may include a certificate of occupancy or similar issued by a local or state government agency.
Other policies exist to address the energy and water performance of new homes. These policies include regulations such as BASIX in New South Wales, and minimum performance standards incorporated in the Building Code of Australia in all other states and territories.
Which financial institutions are offering the loan?
We have had a healthy response from credit unions and banks and many institutions have become partners. List of participating financial institutions.
Water saving tips
*Start $aving today…
Action: Use half flush toliets
Save: 4 buckets water per day
Action:
Wait for a full load of washing
Save: 17 buckets water per load
Action: Take shorter showers
Save: 1 bucket water per minute
* estimate average
More tips for saving water
Buying appliances
The Water Efficiency Labelling and Standards (WELS) Scheme labels a range of products for water efficiency, helping Australian households to save water and money.
Finding a product
Subscribe
To find out more about the Green Loans Program, subscribe to Green Loans E-news