{"id":47924,"date":"2021-02-26T05:27:44","date_gmt":"2021-02-25T18:57:44","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=47924"},"modified":"2022-07-11T14:37:52","modified_gmt":"2022-07-11T04:07:52","slug":"solar-power-bnpl-mb1895","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/","title":{"rendered":"Consumer Groups Call For Federal Government Regulation Of BNPL"},"content":{"rendered":"

\"BNPL<\/p>\n

Buy Now Pay Later (BNPL) services should be regulated by the Federal Government rather than through a self-regulatory code of conduct developed by the industry say leading consumer groups.<\/p>\n

The Australian Finance Industry Association’s code of conduct for BNPL providers comes into effect next week – but it’s not enough according to the Financial Rights Legal Centre, Financial Counselling Australia, Consumer Action Legal Centre and CHOICE.<\/p>\n

The groups say BNPL services are not currently required to hold a credit licence, nor subject to consumer protections under the National Consumer Credit Protection Act 2009.<\/p>\n

“The Buy Now Pay Later sector is now selling debt for dental treatments, solar panels and other large purchases,” said CHOICE Director of Campaigns and Communications, Erin Turner. “It is credit in everything but name so the consumer protection laws for credit should apply in full, not a weak industry code.”<\/p><\/blockquote>\n

BNPL And Solar Sales<\/h2>\n

There was a push to exclude BNPL services from solar power system sales under the New Energy Tech Consumer Code (NETCC), which will eventually make the CEC Approved Solar Retailer scheme obsolete. SQ founder Finn Peacock wrote about BNPL and the NETCC<\/a> around a year ago.<\/p>\n

While the Australian Competition and Consumer Commission (ACCC) made amendments to the Code to tighten up some BNPL practices, the Australian Competition Tribunal varied some of the ACCC\u2019s conditions of authorisation. Among the changes, it removed the prohibition on BNPL finance<\/a> being offered in unsolicited sales of new energy tech.<\/p>\n

The consumer groups say they see the harm BNPL services cause first-hand, mentioning an example of a pensioner with early signs of dementia who was signed up for a $14,000 PV system with “dodgy solar panels” via BNPL.<\/p>\n

“While the promise of BNPL is that they do not charge interest, for some people the cost of late fees or account keeping fees can be just as expensive as a credit card,” state the groups<\/a>. “BNPL providers also charge a fee to retailers of between 3% \u2013 6%. These costs will be passed on to all consumers.”<\/p><\/blockquote>\n

Finn has previously mentioned where solar is purchased, around 15-25% of the price paid goes directly to the BNPL provider.<\/p>\n

The groups say the new code only requires BNPL providers to assess if a borrower can make the first payment, with no obligation to assess whether the subsequent payments are affordable.<\/p>\n

“What BNPL providers are really doing is turning a loophole in the law into a gaping hole,” said Financial Counselling Australia Chief Executive Officer Fiona Guthrie. “If we fail to act, more and more Australians will be harmed.”<\/p><\/blockquote>\n

Alternatives To BNPL For Buying Solar<\/h2>\n

While Australia’s generous “solar rebate<\/a>” can knock thousands off the cost of installing a system and the cost of solar<\/a> is continuing to decrease, finding the balance that needs to be paid up-front can still be difficult. You can pick up some tips on financing a solar purchase here<\/a>.<\/p>\n

On a related note, last week we mentioned Commbank is offering a very low interest green loan<\/a> to Commonwealth Bank home loan customers that will roll out nationally in May.<\/p>\n

You can learn more about the pitfalls of buying solar via BNPL here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Buy Now Pay Later (BNPL) services should be regulated by the Federal Government rather than through a self-regulatory code of conduct developed by the industry say leading consumer groups.<\/p>\n","protected":false},"author":17,"featured_media":47925,"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-47924","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nConsumer Groups Call For Federal Government Regulation Of BNPL<\/title>\n<meta name=\"description\" content=\"Consumer groups say Buy Now Pay Later should be regulated by the Federal Government rather than through a self-regulatory code of conduct.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Consumer Groups Call For Federal Government Regulation Of BNPL\" \/>\n<meta property=\"og:description\" content=\"Consumer groups say Buy Now Pay Later should be regulated by the Federal Government rather than through a self-regulatory code of conduct.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-25T18:57:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-11T04:07:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/02\/solar-bnpl.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Michael Bloch\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"Consumer Groups Call For Federal Government Regulation Of BNPL\",\"datePublished\":\"2021-02-25T18:57:44+00:00\",\"dateModified\":\"2022-07-11T04:07:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/\"},\"wordCount\":535,\"commentCount\":3,\"publisher\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/02\/solar-bnpl.jpg\",\"articleSection\":[\"General Solar & Storage News\"],\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/\",\"name\":\"Consumer Groups Call For Federal Government Regulation Of BNPL\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/02\/solar-bnpl.jpg\",\"datePublished\":\"2021-02-25T18:57:44+00:00\",\"dateModified\":\"2022-07-11T04:07:52+00:00\",\"description\":\"Consumer groups say Buy Now Pay Later should be regulated by the Federal Government rather than through a self-regulatory code of conduct.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/#breadcrumb\"},\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/#primaryimage\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/02\/solar-bnpl.jpg\",\"contentUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/02\/solar-bnpl.jpg\",\"width\":1200,\"height\":630,\"caption\":\"BNPL and solar power\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Blog\",\"item\":\"https:\/\/www.solarquotes.com.au\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"General Solar & Storage News\",\"item\":\"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Consumer Groups Call For Federal Government Regulation Of BNPL\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#website\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/\",\"name\":\"SolarQuotes Blog\",\"description\":\"An independent reckoning of the Aussie solar scene\",\"publisher\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.solarquotes.com.au\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-AU\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\",\"name\":\"SolarQuotes\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/solarquotes-logo.png\",\"contentUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/solarquotes-logo.png\",\"width\":592,\"height\":600,\"caption\":\"SolarQuotes\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/SolarQuotes\/\",\"https:\/\/x.com\/solar_quotes\",\"https:\/\/www.instagram.com\/solarquotes\/\",\"https:\/\/au.linkedin.com\/company\/solarquotes\",\"https:\/\/www.youtube.com\/user\/SolarQuotesAustralia\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1\",\"name\":\"Michael Bloch\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/c65d1fbade4404d88617552594a54366d8ca4a78bd617a48e64f9340c0b5dc09?s=96&d=monsterid&r=r\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/c65d1fbade4404d88617552594a54366d8ca4a78bd617a48e64f9340c0b5dc09?s=96&d=monsterid&r=r\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/c65d1fbade4404d88617552594a54366d8ca4a78bd617a48e64f9340c0b5dc09?s=96&d=monsterid&r=r\",\"caption\":\"Michael Bloch\"},\"description\":\"Michael caught the solar power bug after purchasing components to cobble together a small off-grid PV system in 2008. He's been reporting on Australian and international solar energy news ever since.\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/author\/michael\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Consumer Groups Call For Federal Government Regulation Of BNPL","description":"Consumer groups say Buy Now Pay Later should be regulated by the Federal Government rather than through a self-regulatory code of conduct.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/","og_locale":"en_US","og_type":"article","og_title":"Consumer Groups Call For Federal Government Regulation Of BNPL","og_description":"Consumer groups say Buy Now Pay Later should be regulated by the Federal Government rather than through a self-regulatory code of conduct.","og_url":"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/","og_site_name":"SolarQuotes Blog","article_publisher":"https:\/\/www.facebook.com\/SolarQuotes\/","article_published_time":"2021-02-25T18:57:44+00:00","article_modified_time":"2022-07-11T04:07:52+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/02\/solar-bnpl.jpg","type":"image\/jpeg"}],"author":"Michael Bloch","twitter_card":"summary_large_image","twitter_creator":"@solar_quotes","twitter_site":"@solar_quotes","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/#article","isPartOf":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/"},"author":{"name":"Michael Bloch","@id":"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1"},"headline":"Consumer Groups Call For Federal Government Regulation Of BNPL","datePublished":"2021-02-25T18:57:44+00:00","dateModified":"2022-07-11T04:07:52+00:00","mainEntityOfPage":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/"},"wordCount":535,"commentCount":3,"publisher":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/#organization"},"image":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/#primaryimage"},"thumbnailUrl":"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/02\/solar-bnpl.jpg","articleSection":["General Solar & Storage News"],"inLanguage":"en-AU","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/","url":"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/","name":"Consumer Groups Call For Federal Government Regulation Of BNPL","isPartOf":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/#primaryimage"},"image":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/#primaryimage"},"thumbnailUrl":"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/02\/solar-bnpl.jpg","datePublished":"2021-02-25T18:57:44+00:00","dateModified":"2022-07-11T04:07:52+00:00","description":"Consumer groups say Buy Now Pay Later should be regulated by the Federal Government rather than through a self-regulatory code of conduct.","breadcrumb":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/#breadcrumb"},"inLanguage":"en-AU","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/"]}]},{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/#primaryimage","url":"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/02\/solar-bnpl.jpg","contentUrl":"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/02\/solar-bnpl.jpg","width":1200,"height":630,"caption":"BNPL and solar power"},{"@type":"BreadcrumbList","@id":"https:\/\/www.solarquotes.com.au\/blog\/solar-power-bnpl-mb1895\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog","item":"https:\/\/www.solarquotes.com.au\/blog\/"},{"@type":"ListItem","position":2,"name":"General Solar & Storage News","item":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},{"@type":"ListItem","position":3,"name":"Consumer Groups Call For Federal Government Regulation Of BNPL"}]},{"@type":"WebSite","@id":"https:\/\/www.solarquotes.com.au\/blog\/#website","url":"https:\/\/www.solarquotes.com.au\/blog\/","name":"SolarQuotes Blog","description":"An independent reckoning of the Aussie solar scene","publisher":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.solarquotes.com.au\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-AU"},{"@type":"Organization","@id":"https:\/\/www.solarquotes.com.au\/blog\/#organization","name":"SolarQuotes","url":"https:\/\/www.solarquotes.com.au\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/solarquotes-logo.png","contentUrl":"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/solarquotes-logo.png","width":592,"height":600,"caption":"SolarQuotes"},"image":{"@id":"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/SolarQuotes\/","https:\/\/x.com\/solar_quotes","https:\/\/www.instagram.com\/solarquotes\/","https:\/\/au.linkedin.com\/company\/solarquotes","https:\/\/www.youtube.com\/user\/SolarQuotesAustralia"]},{"@type":"Person","@id":"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1","name":"Michael Bloch","image":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/secure.gravatar.com\/avatar\/c65d1fbade4404d88617552594a54366d8ca4a78bd617a48e64f9340c0b5dc09?s=96&d=monsterid&r=r","url":"https:\/\/secure.gravatar.com\/avatar\/c65d1fbade4404d88617552594a54366d8ca4a78bd617a48e64f9340c0b5dc09?s=96&d=monsterid&r=r","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c65d1fbade4404d88617552594a54366d8ca4a78bd617a48e64f9340c0b5dc09?s=96&d=monsterid&r=r","caption":"Michael Bloch"},"description":"Michael caught the solar power bug after purchasing components to cobble together a small off-grid PV system in 2008. He's been reporting on Australian and international solar energy news ever since.","url":"https:\/\/www.solarquotes.com.au\/blog\/author\/michael\/"}]}},"jetpack_featured_media_url":"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/02\/solar-bnpl.jpg","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p2FF2s-csY","jetpack-related-posts":[{"id":36596,"url":"https:\/\/www.solarquotes.com.au\/blog\/new-energy-tech-consumer-code\/","url_meta":{"origin":47924,"position":0},"title":"The New Energy Tech Consumer Code & The Battle To Purge ‘Interest Free Deals’ From Solar","author":"Finn Peacock","date":"February 3, 2020","format":false,"excerpt":"The 'CEC Approved Solar Retailer' (ASR) scheme, a code of conduct for solar companies, may soon be obsolete. I think that's a good thing. What started as an excellent voluntary code soon descended in to farce as the CEC successfully worked with the Victorian Government to make it 'de facto\u2026","rel":"","context":"In "Solar Policy"","block_context":{"text":"Solar Policy","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-policy\/"},"img":{"alt_text":"solar code of conduct","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/01\/netcc.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/01\/netcc.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/01\/netcc.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/01\/netcc.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/01\/netcc.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":59992,"url":"https:\/\/www.solarquotes.com.au\/blog\/bnpl-providers-solar-mb2399\/","url_meta":{"origin":47924,"position":1},"title":"Consumers International’s Call To Rein In BNPL Providers","author":"Michael Bloch","date":"March 18, 2022","format":false,"excerpt":"A collective of leading consumer organisations is calling on regulators and governments to ensure better protections are in place against risks associated with Buy Now Pay Later products. So, what's that got to do with solar panels? A solar power system is a great investment, but it requires a chunk\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 power and BNPL","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/solar-bnpl.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\/solar-bnpl.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/solar-bnpl.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/solar-bnpl.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/solar-bnpl.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":43233,"url":"https:\/\/www.solarquotes.com.au\/blog\/energy-tech-code-bnpl-mb1685\/","url_meta":{"origin":47924,"position":2},"title":"New Energy Tech Consumer Code Authorised – BNPL Lives On","author":"Michael Bloch","date":"September 16, 2020","format":false,"excerpt":"A new consumer code for retailers of \u2018new energy tech\u2019 products such as solar panels, batteries and EV charging systems has been authorised by the Australian Competition Tribunal, with conditions. The New Energy Tech Consumer Code (NETCC), which will make the problematic CEC Approved Solar Retailer scheme eventually obsolete, sets\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":"New Energy Tech Consumer Code","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/09\/netcc-authorisation.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/09\/netcc-authorisation.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/09\/netcc-authorisation.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/09\/netcc-authorisation.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/09\/netcc-authorisation.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":91290,"url":"https:\/\/www.solarquotes.com.au\/blog\/unsolicited-solar-sales-complaint-mb3157\/","url_meta":{"origin":47924,"position":3},"title":"“Super-Complaint” May Finally Scuttle Unsolicited Solar Sales","author":"Michael Bloch","date":"April 10, 2025","format":false,"excerpt":"Consumer Action Law Centre is calling on the Australian Competition and Consumer Commission to implement a nationwide ban on the scourge of unsolicited selling, including door-to-door and telemarketing sales of solar power systems. The issue has been raised with the ACCC through a \"designated complaint\". Such complaints can only be\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":"A shonky door-to-door salesperson selling solar power systems","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/04\/unsolicited-solar-sales.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/04\/unsolicited-solar-sales.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/04\/unsolicited-solar-sales.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/04\/unsolicited-solar-sales.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/04\/unsolicited-solar-sales.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":92698,"url":"https:\/\/www.solarquotes.com.au\/blog\/bnpl-reform-solar-mb3208\/","url_meta":{"origin":47924,"position":4},"title":"BNPL Reforms: What They Mean For Solar Sales","author":"Michael Bloch","date":"June 20, 2025","format":false,"excerpt":"As of 10 June 2025, new rules have come into play for Buy Now, Pay Later (BNPL) finance services across Australia; including contracts covering solar systems, batteries and other home electrification products. In recent years, BNPL has become a popular way for Australians to buy a wide range of goods\u2026","rel":"","context":"In "Economics Of Solar"","block_context":{"text":"Economics Of Solar","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/economics\/"},"img":{"alt_text":"A Buy Now, Pay Later contract","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/06\/bnpl-reforms-solar.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/06\/bnpl-reforms-solar.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/06\/bnpl-reforms-solar.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/06\/bnpl-reforms-solar.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/06\/bnpl-reforms-solar.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":70614,"url":"https:\/\/www.solarquotes.com.au\/blog\/netcc-launch-mb2814\/","url_meta":{"origin":47924,"position":5},"title":"New Energy Tech Consumer Code (NETCC) Launches","author":"Michael Bloch","date":"February 2, 2023","format":false,"excerpt":"Here comes the new code, same as the old code? Replacing the Approved Solar Retailer (ASR) program, what is the NETCC and why does it matter? The NETCC is a voluntary code of conduct authorised by the Australian Competition and Consumer Commission (ACCC) that has been designed to build on\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":"New Energy Tech Consumer Code - NETCC","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/02\/netcc-transition.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/02\/netcc-transition.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/02\/netcc-transition.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/02\/netcc-transition.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/02\/netcc-transition.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/47924","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=47924"}],"version-history":[{"count":3,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/47924\/revisions"}],"predecessor-version":[{"id":63374,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/47924\/revisions\/63374"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/47925"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=47924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=47924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=47924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}