The $15,000 interest-free NSW loan, explained

The NSW Home Energy Saver program allows eligible households to apply through a participating finance provider for a zero-interest loan of up to $15,000 for approved home energy upgrades, including eligible solar and battery work.

What it is, and what it isn't

It's finance. You repay every dollar, just without interest. That makes it genuinely valuable — the cost of the money is zero — but it's not a rebate and it shouldn't be presented as one. Anyone showing you a price with the loan folded in as a discount is misleading you.

How it stacks with the rebates

Any eligible federal battery discount and solar STCs should be shown separately from the gross installed price. The customer then applies independently through a participating finance provider; the approved loan amount and terms are not controlled by the installer.

Eligibility, in plain terms

• Household, property, income and product eligibility rules all apply, and they're set by the NSW program, not by us.
• The upgrade has to be an approved product installed by an approved supplier.
• You apply through a participating finance provider, and approval is theirs to give — a quote from us is not finance approval.

What the repayments look like

Because there's no interest, the maths is simple: the amount borrowed divided by the term. Our estimator shows monthly and fortnightly illustrations alongside the after-rebate price, so you can see the repayment next to what you currently spend on power.

A repayment illustration is not a savings guarantee. Actual bills depend on consumption, tariffs, solar production, battery operation and the final finance agreement.

Before you rely on it

Check eligibility with a participating finance provider before relying on the loan. We'll state the gross installed cost and eligible incentives separately; the finance decision and agreement sit with the provider.