Tasmanians Boost Home Energy Efficiency

Tasmanian Government

More than 6100 loans have been processed to help Tasmanians make their homes more energy efficient.

Minister for Energy and Renewables, Nick Duigan, said it was exciting to highlight the success of the Energy Saver Loan Scheme, which are delivering real and tangible energy savings to Tasmanians.

"Since 2022, the scheme has seen more than 6100 successful loans, which is a fantastic result," Minister Duigan said.

"This scheme allows energy efficiency upgrades to be accessed by a wider variety of consumers, with a wider variety of budgets.

"The value of the scheme so far is over $51.1 million, with over 78 GWh of energy produced through rooftop solar."

The Scheme is helping Tasmanian's reap benefits sooner, allowing consumers to achieve immediate energy savings upon installation, whilst paying off upgrades with no-interest, over a 3-year loan term.

The Australian Energy Regulator recently said Tasmania has some of the highest uptake rates of rooftop solar in the country, and it's schemes like this that are making that happen.

The loans are facilitated through Brighte, who manages all aspects of the scheme's administration. Around 115 vendors are associated with the program and are responsible for the energy upgrades installation, further delivering economic benefits to local businesses and the economy.

"Energy affordability is a key part of our Government's 2030 Strong Plan for Tasmania's Future. I am pleased to see and hear the positive impacts that our policies are having on consumers," Minister Duigan said.

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