Overview
- Applications for the zero‑interest loans opened Wednesday, letting households with combined taxable incomes up to $210,000 apply for 10‑year loans of up to $15,000 to fund home energy upgrades.
- The state has allocated $480 million for the loan stream within a $557 million Home Energy Saver package and expects roughly 32,000 households could borrow the maximum amount.
- A separate $77 million cash subsidy program will deliver up‑front payments of up to $4,000 to concession card holders and households earning under $80,000, with those payments due to start later in 2026.
- Eligible work covers rooftop solar, household batteries, switchboard upgrades, ceiling insulation, draught‑proofing, double glazing and other measures, and renters can use the support if landlords give consent.
- The loans can be stacked with existing federal rebates for batteries and solar so some households may face little or no upfront cost and the scheme could speed uptake that already sees over half of NSW houses with solar and thousands of batteries installed each month.