ACT Sustainable Household Scheme
The ACT Sustainable Household Scheme (SHS) provides zero-interest loans to help with the costs of energy-efficient upgrades including Sanden Eco heat pumps and rooftop solar PV.
Brighte is the ACT Govt partner and loan provider for the scheme.
It's open to residents of the ACT who either own a home or hold a current driving licence (when applying for a loan for an electric vehicle).
You must meet the scheme's eligibility criteria and Brighte's lending criteria. This includes attending a free one hour live online workshop. These workshops will help you with your energy efficiency choices.
If you're eligible, you can get a loan from $2,000 to $15,000. You can repay the loan over up to 10 years.
There are no establishment fees or account-keeping costs associated with the ACT SHS.
You can repay the loan early with no penalty fee. But if you fall behind in your loan repayments, the loan provider may charge a fee.
You must meet standard credit criteria for the loan.
If you're interested in applying, please let us know so we can create your application.
CATEGORY A (Eligibility Guidelines) - Solar PV // Tesla Powerwall Battery Storage
- You must be financially capable to repay the loan. A credit check will be undertaken to assess an your financial suitability.
- The property is owned by you, or where you have full authority and approval to install chosen products.
- The Unimproved Value (UV) of your property in 2020-21 must be at or below $750,000 for houses and at or below $200,000 for units.
- If you're purchasing for a new build, only Category A products may be purchased through this scheme.
CATEGORY B (Eligibility Guidelines) - Sanden Heat Pump Hot Water // Daikin Alira X split system
- You must be financially capable to repay the loan. A credit check will be undertaken to assess an your financial suitability.
- The property is owned by you, or where you have full authority and approval to install chosen products.
- The Unimproved Value (UV) of your property in 2020-21 must be at or below $750,000 for houses and at or below $200,000 for units.
- If you're purchasing for a new build, only Category A products may be purchased through this scheme.
- For purchases of products in Category B, you must provide a proof of removal of inefficient electric appliances.
