{"id":90998,"date":"2025-04-03T05:30:11","date_gmt":"2025-04-02T20:00:11","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=90998"},"modified":"2025-04-03T05:30:11","modified_gmt":"2025-04-02T20:00:11","slug":"tasmania-energy-saver-mb3153","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/tasmania-energy-saver-mb3153\/","title":{"rendered":"Tasmania&#8217;s Energy Saver Loan Scheme Declared A Success"},"content":{"rendered":"<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-91000\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/04\/energy-efficiency-tasmania.jpg\" alt=\"Energy efficiency in Tasmania\" width=\"1200\" height=\"630\" srcset=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/04\/energy-efficiency-tasmania.jpg 1200w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/04\/energy-efficiency-tasmania-300x158.jpg 300w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/04\/energy-efficiency-tasmania-1024x538.jpg 1024w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/04\/energy-efficiency-tasmania-768x403.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>A government-backed energy efficiency finance program in Tasmania has seen &#8220;fantastic&#8221; results according to the state&#8217;s Minister for Energy and Renewables Nick Duigan.<!--more--><\/p>\n<p>The initiative was announced in 2022 as an expansion of Tasmania&#8217;s Energy Efficiency Loans Scheme and commenced in October that year. It offers interest-free loans of between $500 and $10,000 to eligible households, residential landlords, small businesses and not-for-profit organisations to purchase energy-efficient products including:<\/p>\n<ul>\n<li><a href=\"https:\/\/www.solarquotes.com.au\/solar101.html\">Solar power systems<\/a><\/li>\n<li><a href=\"https:\/\/www.solarquotes.com.au\/battery-storage\/comparison-table\/\">Home batteries<\/a><\/li>\n<li><a href=\"https:\/\/www.solarquotes.com.au\/ev-chargers\/\">EV charging<\/a> infrastructure<\/li>\n<li><a href=\"https:\/\/www.solarquotes.com.au\/energy-efficiency\/heating-cooling\/\">Reverse cycle air conditioning<\/a><\/li>\n<li>Solar and <a href=\"https:\/\/www.solarquotes.com.au\/hot-water\/heat-pump\/\"> heat pump hot water systems<\/a><\/li>\n<li>Induction and ceramic stove tops\u200b<\/li>\n<li><a href=\"https:\/\/www.solarquotes.com.au\/energy-efficiency\/appliances\/\">Energy- efficient whitegoods<\/a><\/li>\n<li>E-bikes<\/li>\n<li><a href=\"https:\/\/www.solarquotes.com.au\/energy-efficiency\/thermal\/\">Double glazing and insulation<\/a><\/li>\n<\/ul>\n<p>The repayment terms are 1 &#8211; 3 years and there are no other fees aside from a $4.99 fee that may be applied to late payments (capped at $49.90\/year).<\/p>\n<p>According to Minister Duigan, the <a href=\"https:\/\/www.recfit.tas.gov.au\/grants_programs\/energy-efficiency\/energy_saver_loan_scheme\">Energy Saver Loan Scheme<\/a> has seen more than 6,100 loans since it began.<\/p>\n<blockquote><p>&#8220;This scheme allows energy efficiency upgrades to be accessed by a wider variety of consumers, with a wider variety of budgets,&#8221; <a href=\"https:\/\/www.premier.tas.gov.au\/latest-news\/2025\/march\/helping-tasmanians-make-their-home-more-energy-efficient\">he said<\/a>. &#8220;The value of the scheme so far is over $51.1 million, with over 78 GWh of energy produced through rooftop solar.&#8221;<\/p><\/blockquote>\n<p>The number of PV-related loans approved under the program wasn&#8217;t mentioned by the Minister.<\/p>\n<h2>Clumsy Controversy Before Kick-off<\/h2>\n<p>The scheme has come <a href=\"https:\/\/www.solarquotes.com.au\/blog\/tasmania-solar-scheme-mb2867\/\">under fire from Tasmanian Labor<\/a> a couple of times due to requirements the party said locked out many good solar installers. Furthermore, Tasmanian Labor objected to the company that manages all aspects of the scheme\u2019s administration and provides the loans, Brighte &#8211; a <a href=\"https:\/\/www.solarquotes.com.au\/systems\/bnpl-solar-advice\/\">\u201cBuy Now, Pay Later\u201d (BNPL) finance<\/a> provider. But Tasmanian Labor wasn&#8217;t particularly eloquent in the delivery of its concerns.<\/p>\n<p>Approximately 115 vendors (not just solar installers) are currently approved to participate in the program.<\/p>\n<h2>Is Solar Worth It In Tasmania?<\/h2>\n<p>While solar energy resources aren&#8217;t as robust in Tasmania compared to mainland states, it&#8217;s still very much worth installing rooftop PV.<\/p>\n<p>For example, the SolarQuotes <a href=\"https:\/\/www.solarquotes.com.au\/solar-calculator\/\">solar calculator<\/a> indicates a <a href=\"https:\/\/www.solarquotes.com.au\/systems\/6kw\/\">6.6kW system<\/a> that&#8217;s <a href=\"https:\/\/www.solarquotes.com.au\/installers\/cities\/hobart\/\">installed in Hobart<\/a> could achieve simple payback in 6 years, 9 months. This is based on a system cost of $7,500. Solar is generally more expensive in Tasmania than on the mainland, due in part to the solar rebate being lower and increased freight costs for goods transported across Bass Strait.<\/p>\n<p>A big plus is the average quality of a solar installation in Tasmania is the highest in the country due to a 100% inspection regime overseen by the Department of Justice. Solar cowboys don&#8217;t last very long there.<\/p>\n<p>You can discover everything you need to know about <a href=\"https:\/\/www.solarquotes.com.au\/australia\/solar-power-tas\/solar-101-tasmania\/\">going solar in Tasmania here<\/a>. If you want to <a href=\"https:\/\/www.solarquotes.com.au\/quote\/\">get quotes<\/a> via SQ<sup class='endnote'><a href='https:\/\/www.solarquotes.com.au\/blog\/tasmania-energy-saver-mb3153\/#en-90998-1' id='enref-90998-1' onclick='return hhEndnotes_show(90998)'>1<\/a><\/sup> and wish to apply for a loan, just note in the comments you require quotes from installers approved for the Energy Saver Loan Scheme. When discussing\/accepting a quote, let the installer know it hinges on the loan and they will kick off the process on your behalf &#8211; and pretty quickly I&#8217;d imagine.<\/p>\n<p><b>Trivia:<\/b> More than 59,713 rooftop PV systems have been installed in Tasmania to date. The Australian PV Institute estimates 21.9% of freestanding and semi-detached houses in the state have solar panels.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A government-backed energy efficiency finance program in Tasmania has seen &#8220;fantastic&#8221; results according to the state&#8217;s Minister for Energy and Renewables Nick Duigan.<\/p>\n","protected":false},"author":17,"featured_media":91000,"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-90998","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Tasmania&#039;s Energy Saver Loan Scheme Declared A Success<\/title>\n<meta name=\"description\" content=\"A Tasmanian energy efficiency finance program has seen &quot;fantastic&quot; 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According to Tasmania's Government, there have been more than 1500 applications for funding lodged by households and businesses since the TEELS program was launched just over a month\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Installing solar power in Tasmania","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/solar-panels-tasmania-teels.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/solar-panels-tasmania-teels.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/solar-panels-tasmania-teels.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/solar-panels-tasmania-teels.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":10952,"url":"https:\/\/www.solarquotes.com.au\/blog\/solar-loans-tasmania-mb0018\/","url_meta":{"origin":90998,"position":1},"title":"Interest Free Solar Power System Loans For Tasmanians","author":"Michael Bloch","date":"May 2, 2017","format":false,"excerpt":"A new State Government scheme in Tasmania is enabling households and small businesses to install solar panels and other energy efficiency related products with the assistance of interest free loans. Yesterday, the Hodgman Government launched the $10 million Tasmanian Energy Efficiency Loan Scheme (TEELS) in partnership with Aurora Energy and\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Interest-free solar loans Tasmania","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/05\/solar-panels-tasmania.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/05\/solar-panels-tasmania.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/05\/solar-panels-tasmania.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":21123,"url":"https:\/\/www.solarquotes.com.au\/blog\/solar-loans-tasmania-mb0566\/","url_meta":{"origin":90998,"position":2},"title":"Interest-Free Solar Loans In Tasmania Extended","author":"Michael Bloch","date":"May 1, 2018","format":false,"excerpt":"Tasmania's Minister For Energy announced yesterday the Tasmanian Energy Efficiency Loan Scheme (TEELS) program, which offers interest-free finance to households and small businesses, will be extended for another year. 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In June this year, an expansion of the Energy Efficiency Loans scheme was announced after electricity price hikes in Tasmania of close to 12%.\u00a0 The new Energy Saver\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Tasmanian solar loan program","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/09\/tasmania-solar-loan.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/09\/tasmania-solar-loan.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/09\/tasmania-solar-loan.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/09\/tasmania-solar-loan.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/09\/tasmania-solar-loan.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":22986,"url":"https:\/\/www.solarquotes.com.au\/blog\/commercial-solar-tasmania-mb0678\/","url_meta":{"origin":90998,"position":4},"title":"831kW Commercial Solar Project In Tasmania Officially Opened","author":"Michael Bloch","date":"July 24, 2018","format":false,"excerpt":"One of Tasmania's largest commercial solar power projects has been completed and is ready to put a major dent in locally-owned freight company SRT Logistics' power bills. Installed under a solar PV pilot between Aurora Energy, Beon Energy Solutions and SRT Logistics, the 831kW project will generate more than 1\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Commercial solar project in Tasmania","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/07\/commercial-solar-tasmania.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/07\/commercial-solar-tasmania.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/07\/commercial-solar-tasmania.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/07\/commercial-solar-tasmania.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":72586,"url":"https:\/\/www.solarquotes.com.au\/blog\/tasmania-solar-scheme-mb2867\/","url_meta":{"origin":90998,"position":5},"title":"Tasmanian Solar Scheme Setup Slammed (Again)","author":"Michael Bloch","date":"March 21, 2023","format":false,"excerpt":"Tasmanian Labor has come out swinging again in relation to the state's Energy Saver Loan Scheme, saying it unfairly locks out many local solar businesses. 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