Solar PV system finance: Options available through Solar Choice installers

Government subsidies plus financing make going solar more affordable than ever

In addition to the subsidy offered through the Federal Government's Enhanced Renewable Energy Target Rebate Scheme (in the form of RECs/STCs), a number of the installers in the Solar Choice Installer Network offer finance packages to make going solar an attainable goal for those who are unable or unwilling to pay for the full cost of their system outright.

What kind of financing is available through the Solar Choice network of solar PV system installers?

A number of installers in the Solar Choice network offer system installation financing packages. Financing options are either interest-free or come at a small additional cost.

Interest-free financing

Some installers offer interest-free financing for periods of 6 to 24 months. This option allows new system owners to spread the cost of their system over a set period of time to make payments more manageable, at little or no additional cost to the customer.

Other payment plans

Other installers on the Solar Choice network offer financing for solar systems at a set cost to the customer. Financing packages may provide customers with the option to pay in instalments with interest. This means that the faster the system is paid off, the lower the ultimate cost to the owner. Alternatively, customers may be offered a package in in which the total price of the system is higher than paying for the system outright, but is broken into more manageable monthly or fortnightly payments.

Talk to your Solar Choice Solar Energy Broker to learn more

Please consult your Solar Energy Broker to find out more about the financing options available to you through the installers that service your area, and keep in mind that some finance packages may void your eligibility for a Solar Choice discount.

Financing for Commercial-scale Solar Power

Solar Choice recently announced a unique Commercial Solar Finance Package for large-scale solar systems. An operation lease agreement allows for zero capital expenditure and instant parity with commercial electricity tariffs. Consult our Commercial Tender Management team today for more information.

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