{"id":19445,"date":"2018-02-22T10:48:18","date_gmt":"2018-02-22T00:18:18","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=19445"},"modified":"2018-02-22T14:17:08","modified_gmt":"2018-02-22T03:47:08","slug":"sa-solar-battery-loans-mb0477","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/sa-solar-battery-loans-mb0477\/","title":{"rendered":"South Australian Premier Pledges Interest Free Solar + Battery System Loans"},"content":{"rendered":"
\"Interest-free

Image: ulleo<\/a><\/p><\/div>\n

Yet another renewable energy related election commitment – this time Premier Jay Weatherill has announced a $100 million no-interest loans scheme to assist households in the purchase of solar power and\/or battery systems if Labor is returned to office in SA.<\/p>\n

While full details are yet to be provided, loans of up to $10,000 will be made available interest-free for the first seven years. A preference will be given to locally made products, which will no doubt put a smile on Tindo Solar’s <\/a>dial.<\/p>\n

——
\nUPDATE:\u00a0<\/strong> Germany’s sonnen wants a big piece of the energy storage action<\/a> in SA. Sonnen will move its Australian headquarters from Sydney to Adelaide and will assemble 50,000 household batteries in Adelaide over the next five years.
\n——<\/p>\n

“More renewable energy means cheaper power for all South Australians,” said Premier Weatherill. “Labor stands up for all South Australians and through this $100 million scheme we’ll help more South Australian households make the transition to renewable energy and lower their energy bills.”<\/p><\/blockquote>\n

$10,000 buys a lot of solar power (a 5kW solar system costs<\/a> far less these days); but not much in the way of solar + battery storage. The bucks may be better spent on the former and the loan could be paid back faster, enabling households to reap the full financial benefits of solar – and more rapidly.<\/p>\n

For those wanting to retrofit a battery on an existing solar power system, they may still find themselves having to dig into some of their savings depending on the battery chosen. For indicative pricing on energy storage, check out SQ’s solar battery comparison<\/a> page.<\/p>\n

As for when this scheme will kick in isn’t clear – so South Australians holding out on going solar<\/a> now may be in for a bit of a wait, could be put off by final terms and conditions and have no guarantee they’ll get the loan- and in the meantime miss out on big electricity bill savings.<\/p>\n

Virtual Power Plant Program Popular<\/h2>\n

Another initiative, one that will see up to 50,000 solar power + Tesla Powerwall battery systems installed throughout the state, has proven popular. More than 33,000 South Australians have registered their interest since it was announced earlier this month.<\/p>\n

In the Virtual Power Plant<\/a> initiative, participants will purchase electricity at a discounted rate rather than own the systems on their rooftops (initially anyway). The program may not appeal to those opposed to any arrangement that even vaguely resembles a lease and\/or those who want full control of what goes on their rooftop – and who installs it.<\/p>\n

“As with the Virtual Power Plant and other renewables projects we’ve supported through our energy plan, these systems will also reduce peak demand on the grid, which lowers prices for all South Australians,” stated<\/a> Energy Minister Tom Koutsantonis.<\/p><\/blockquote>\n

Mr. Koutsantonis said the schemes would help the state meet its proposed new 75 per cent Renewable Energy Target and 25 per cent Energy Storage Target, announced yesterday<\/a>.<\/p>\n

A Cranky Steven Marshall<\/h2>\n

SA Liberals leader Steven Marshall said Labor was just taking a leaf out of his book with the no-interest loans scheme.<\/p>\n

“Labor’s $500 million energy plan was not going to lower prices so they’ve started adopting parts of the @marshall_steven energy plan,” he tweeted<\/a>.<\/p><\/blockquote>\n

That plan, formally known as the Liberal Energy Solution<\/a> (PDF), also includes abolishing the state’s Renewable Energy Target.<\/p>\n

Nick X Reveals Power Plan – Sort Of<\/h2>\n

Now refreshed after his all-singing, all-dancing campaign ad video shoot, it seems SA-BEST leader Nick Xenophon has announced his plan for cutting energy costs, which involves establishing a new not-for-profit retailer that could reportedly cut bills by 20 per cent. However, nothing has been published on the SA-BEST web site at the time of writing.<\/p>\n","protected":false},"excerpt":{"rendered":"

Yet another renewable energy related election commitment – this time Premier Jay Weatherill has announced a $100 million no-interest loans scheme to assist households in the purchase of solar power and\/or battery systems if Labor is returned to office in SA.<\/p>\n","protected":false},"author":17,"featured_media":19446,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-19445","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nSA Premier Pledges Interest Free Solar + Battery System Loans<\/title>\n<meta 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After NSW Labor's solar rebate pledge was announced on the weekend, the pressure was on the Berejiklian Government to pull something out of its hat\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"NSW solar and storage loans","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/nsw-liberal-batteries.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/nsw-liberal-batteries.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/nsw-liberal-batteries.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/nsw-liberal-batteries.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/nsw-liberal-batteries.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":22535,"url":"https:\/\/www.solarquotes.com.au\/blog\/queensland-solar-battery-loan-grants-mb0643\/","url_meta":{"origin":19445,"position":1},"title":"QLD Solar Loans Program Kicks Off – Battery Grants On The Horizon","author":"Michael Bloch","date":"June 27, 2018","format":false,"excerpt":"The Palaszczuk Government has announced the launch of interest free solar loans for Queensland households, plus a few more details have been released on upcoming battery and solar + storage support. It's expected 3,500 households will benefit from the solar-only loans, which will be means tested and up to $4,500\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Queensland solar loans","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/06\/qld-solar-loans.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/06\/qld-solar-loans.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/06\/qld-solar-loans.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/06\/qld-solar-loans.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":60088,"url":"https:\/\/www.solarquotes.com.au\/blog\/nsw-battery-loans-2400\/","url_meta":{"origin":19445,"position":2},"title":"NSW Solar Battery Loans Go Begging","author":"Michael Bloch","date":"March 21, 2022","format":false,"excerpt":"New South Wales' Empowering Homes Program (remember that?) still appears to be stuck in pilot mode. Back in February 2019 in the lead-up to the State election, then-Premier Gladys Berejiklian committed to the Empowering Homes program. If the Liberal\/National party coalition were returned to power, the initiative would offer no-interest\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"NSW Empowering Homes solar battery loans","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/nsw-empowering-homes.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/nsw-empowering-homes.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/nsw-empowering-homes.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/nsw-empowering-homes.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/nsw-empowering-homes.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":49106,"url":"https:\/\/www.solarquotes.com.au\/blog\/tasmania-labor-solar-mb1945\/","url_meta":{"origin":19445,"position":3},"title":"Tasmanian Labor Spruiks Solar And Battery Loans","author":"Michael Bloch","date":"April 7, 2021","format":false,"excerpt":"Solar power is a winner - and Tasmanian Labor is using the passion for PV to try and win over voters when Tasmanians go to the polls on May 1. Tasmania has done pretty well under the current government on the renewable energy front, reaching 100 per cent last year.\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Solar and battery loans - Tasmania","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/labor-solar-battery.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/labor-solar-battery.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/labor-solar-battery.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/labor-solar-battery.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/labor-solar-battery.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":21658,"url":"https:\/\/www.solarquotes.com.au\/blog\/queensland-solar-loans-grants-mb0595\/","url_meta":{"origin":19445,"position":4},"title":"Queensland Interest-Free Solar\/Battery Loans And Grants Update","author":"Michael Bloch","date":"May 22, 2018","format":false,"excerpt":"Some Queenslanders waiting on the State Government's interest-free loans initiative before going solar or installing\/adding a battery system may need to reconsider their position. In October last year it was announced the Palaszczuk Government would be offering no-interest loans for solar power systems and battery storage. For the latter, grants\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"QLD interest free solar loans and battery grants","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/05\/queensland-solar-initiatives.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/05\/queensland-solar-initiatives.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/05\/queensland-solar-initiatives.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/05\/queensland-solar-initiatives.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":31321,"url":"https:\/\/www.solarquotes.com.au\/blog\/nsw-solar-battery-loans-mb1105\/","url_meta":{"origin":19445,"position":5},"title":"NSW Solar-Battery Interest Free Loans Update","author":"Michael Bloch","date":"June 24, 2019","format":false,"excerpt":"The NSW Government has flagged its interest-free solar-battery loans program - Empowering Homes - could commence towards the end of this year. The initiative will support the installation of up to 300,000 battery and solar + battery storage systems over the next decade through the provision of interest-free loans to\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"NSW Empowering Homes - Solar Battery Loans","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/06\/nsw-empowering-homes.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/06\/nsw-empowering-homes.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/06\/nsw-empowering-homes.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/06\/nsw-empowering-homes.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/06\/nsw-empowering-homes.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/19445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=19445"}],"version-history":[{"count":5,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/19445\/revisions"}],"predecessor-version":[{"id":19454,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/19445\/revisions\/19454"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/19446"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=19445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=19445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=19445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}