‘Green loans’ to ‘Green Start’

The Green Loans program will be phased out in the coming months and will transition to a new Green Start program.

The Green Loans program was a Government initiative to improve sustainability and reduce energy use within households. The program was established in 2008/09 financial year with an original budget of $300 million. The aim was to undertake 360,000 household assessments and provide 200,000 loan subsidies to households. The budget was later reduced to approximately $175 million to undertake 360,000 assessments and provide up to 75,000 loans.

The review of the ‘Green Loans’ identified a number of key failures. These can be summarized as lack of
control over the number of assessors, poor financial controls for the program which allowed regulatory breaches, poor management controls, faulty program design and inadequate procurement controls.

The new Green Start arrangements will benefit Australian households “ particularly low-income and disadvantaged Australians – by helping them to save energy and reduce energy bills. The new program will also give greater certainty to assessors about their future under the Green Loans program and will be delivered through transparent and robust administration.

Applications for funding under both of these rounds will open later this year. The Government will announce further details regarding delivery of the Green Start program in the coming weeks, following targeted consultation with stakeholders.

The changes are still being compiled and we will attach a link to them below in the discussion when we find out.

Written by Prateek Chourdia

MEngSc – Photovoltaics and Solar Energy, UNSW

Solar Energy Analyst

Solar Choice

© 2010 Solar Choice Pty Ltd

Source:

http://www.climatechange.gov.au/media/whats-new/green-start.aspx

Resolution Consulting: Review of the Green Loans Program

Comments

  1. can you put a 10 kw system on the garage roof and split the system say 3 kw to shed and 7 kw to house on the one inverter yours truly terry sunny boy visits solar choice

    1. you can either purchase another inverter or you can wire them both and make sure that the house does not consume more than 7kW.

    2. Do you mean put the panels on different roofs but feed them into one inverter? It’s possible, but the ultimate cost-effectiveness of the project would depend on how much sunshine ends up landing on your panels. You would have to determine if the added initial investment cost will help you to shorten the pay-back period if that is a goal of yours. This would in turn depend on which state you live in and the feed-in tariff on offer there.

Comments are closed.