{"id":21658,"date":"2018-05-22T09:15:21","date_gmt":"2018-05-21T22:45:21","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=21658"},"modified":"2024-07-02T15:54:02","modified_gmt":"2024-07-02T06:24:02","slug":"queensland-solar-loans-grants-mb0595","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/queensland-solar-loans-grants-mb0595\/","title":{"rendered":"Queensland Interest-Free Solar\/Battery Loans And Grants Update"},"content":{"rendered":"
\"QLD

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

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.<\/p>\n

In October last year it was announced<\/a> the Palaszczuk Government would be offering no-interest loans for solar power systems and battery storage. For the latter, grants will also be available. The scheme was originally intended to kick off in March, but has been subject to delays.<\/p>\n

A recent update indicates a number of changes to the program, which will be rolled out in two stages.<\/p>\n

Interest-Free Solar-Only Loans<\/h2>\n

Interest free loans for solar power systems will be available next month. But in order to be eligible, a homeowner will need to be a recipient of Family Tax Benefit Part B and have electricity bills of more than $1,000 over the past six months.<\/p>\n

Full eligibility criteria will be published when the scheme commences in June.<\/p>\n

Battery Grants And Loans<\/h2>\n

As for the interest-free loans and grants for systems with battery storage, there’s still little information available. This will apply to the retrofitting of an eligible battery system to an existing solar power installation, or installing a new combined solar + storage system. At this point, this aspect won’t be rolled out until “late 2018”.<\/p>\n

A new element that appears to have been added is small businesses will also be apply for one of these grants, but will not be eligible for an interest-free loan.<\/p>\n

As to how much the solar battery storage<\/a> related grants will be hasn’t been published at this stage.<\/p>\n

Other Devils In The Detail<\/h2>\n

The scheme in its entirety will also be quite limited in numbers – approximately 5,000 households will benefit in total; with around 3,500 solar assistance packages and 1,500 battery assistance packages to be made available.<\/p>\n

Back in March, it was also revealed only Clean Energy Council Approved Solar Retailers<\/a>1<\/a><\/sup> based in Queensland or with an office in the state will be able to install solar power systems under the program, resulting in many good installers missing out<\/a>.<\/p>\n

With regard to the storage aspect, eligible battery vendors will be selected to supply and install battery systems to the program.<\/p>\n

For consumers, this means choice of providers, and potentially products, in both instances may also be quite limited.<\/p>\n

While the program will assist thousands of Queenslanders, thousands more who have been putting off installing solar<\/a> in the hope of participating may find themselves ineligible – and they’ve been locking themselves into higher electricity bills while waiting for the program to commence.<\/p>\n

With both aspects of the program, there’s still a great deal of detail yet to be revealed that may further restrict choice and participation opportunity. While the idea of an interest-free loan or grant may be quite enticing, there are other ways to finance a solar power system<\/a> installation. If approached correctly, monthly savings can be more than the costs.<\/p>\n","protected":false},"excerpt":{"rendered":"

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.<\/p>\n","protected":false},"author":17,"featured_media":21659,"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-21658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nQueensland Interest-Free Solar\/Battery Loans And Grants Update<\/title>\n<meta name=\"description\" content=\"Some Queenslanders waiting on the State 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So, where is the initiative at now? The scheme finally kicked off in November 2018. 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Grants of $3,000 and interest-free loans of up to $10,000 for 1,000 solar + battery storage systems, along with grants of $3,000 and interest-free loans of up\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 battery rebate","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/qld-battery-subsidy-update.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/qld-battery-subsidy-update.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/qld-battery-subsidy-update.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/qld-battery-subsidy-update.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":25900,"url":"https:\/\/www.solarquotes.com.au\/blog\/queensland-battery-grants-mb0828\/","url_meta":{"origin":21658,"position":3},"title":"Queensland Solar Battery Grant\/Loan Scheme Starts Today","author":"Michael Bloch","date":"November 19, 2018","format":false,"excerpt":"While the QLD Government says its battery and solar + storage grants and loans are the next wave in the state's renewable energy revolution, its effect will be more of a ripple. On Sunday, Energy Minister Dr Anthony Lynham announced a long-awaited grants and loans scheme to assist Queensland households\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":"","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/queensland-battery-grants-2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/queensland-battery-grants-2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/queensland-battery-grants-2.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/queensland-battery-grants-2.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":61251,"url":"https:\/\/www.solarquotes.com.au\/blog\/greens-battery-grants-mb2447\/","url_meta":{"origin":21658,"position":4},"title":"Greens Go Big On Solar Battery Support","author":"Michael Bloch","date":"April 25, 2022","format":false,"excerpt":"The Greens\u2019 plan for cheaper and cleaner power for Australian homes and businesses announced on the weekend includes grants and loans for the installation of solar battery storage. The Greens say government support has helped bring down the cost of solar panels, and the party wants to do the same\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 battery grants - Greens","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/04\/greens-battery-grants.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/04\/greens-battery-grants.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/04\/greens-battery-grants.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/04\/greens-battery-grants.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/04\/greens-battery-grants.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":27825,"url":"https:\/\/www.solarquotes.com.au\/blog\/nsw-solar-battery-loans-mb0933\/","url_meta":{"origin":21658,"position":5},"title":"NSW Government Strikes Back With Battery\/ Solar + Storage Support","author":"Michael Bloch","date":"February 11, 2019","format":false,"excerpt":"New South Wales' Berejiklian Government is hoping to win votes with its promise of interest-free loans for solar batteries and solar power + battery systems. 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":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/21658","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=21658"}],"version-history":[{"count":5,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/21658\/revisions"}],"predecessor-version":[{"id":84903,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/21658\/revisions\/84903"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/21659"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=21658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=21658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=21658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}