Looking to purchase a battery, or install solar and a battery, but don’t have enough cash available? We’ve scanned the market for financing options and are pleased to have found a community based organisation, Community First Credit Union, who are able to offer green loans for solar and battery installations.
Community First Credit Union (CFCU) is our preferred loan provider for a number of reasons, including their flexible application process (online or over the phone) and ability to provide you with an instant application decision.
Their Green Loan interest rates are also an attraction – for example, 5.99%* p.a. (Comparison Rate – 6.26%**). This translates to affordable repayments, such as under $40 per week over 5 years based on a $8500 loan at the above rate for a DC Power Co battery package with installation.
We’ve included more information from CFCU as well as how to apply below.
As one of Sydney’s largest community-based Credit Unions, Community First’s Green Loan helps put the cost of installing solar panels, or buying a solar battery, within easy reach. The possible ongoing energy savings you could enjoy may make your solar installation easier to afford.
A Green Loan from Community First Credit Union is a low rate unsecured personal loan that can be used to finance the purchase of approved environmentally friendly products such as solar panels and energy storage such as a battery system.
This package includes solar panels and a battery.
It’s important that you get your final quote before applying for finance so you know you’re getting a loan for the right amount. We don’t want you stuck with a loan that’s too much or too little. While your system estimate is pretty reliable, all homes are different and the home assessment will ensure there are no hidden costs lurking around the corner.
Don’t worry, if you choose not to go ahead with the installation or your financing doesn’t come through, this $250 is refundable. View Terms of Sale
Just the battery system, this package is designed for homes that already have solar panels installed.
Whether you’ve placed a deposit or not, you can go ahead and apply now and get a response within 30 minutes. Simply click here or call 1300 13 22 77.
Here are a few things to have ready before you apply:
Once you apply, one of Community First’s Sales Consultants will contact you to discuss your application and request any other supporting documents we may require.