So you’re keen on solar—but you’re not so keen on the upfront costs.
Many of us don’t have the cash lying around to install a solar system right away. We’re left with a choice; sweat through another season of heatwaves without putting that Aussie sun to good use, gamble on a cheap system that’s unlikely to last, or get the ball rolling with a solar green loan from Brighte:
With a Green Loan, your repayments can often be less than your solar savings, leaving you better off from day one!
Designed to make environmentally-friendly investments easier, these loans are low-interest, flexible, quicker to apply for than your usual bank loan, and they are able to be managed online. Green Loans from Brighte can be used to finance Solaray solar power systems and battery storage up to $45,000, to be repaid across 3-7 years.
How does that look in practice?
The average monthly benefits of a 5kW system can see you break even in about 4 years. Across 25 years, your profits can stack up as high as $50,000 (and that’s why it’s important to choose a reputable product that’s going to last)!
To qualify, you’ll need to have the basics covered:
- Be over 18 years old and an Australian resident or citizen
- Own or be purchasing a home
- Be employed, self-employed, a self-funded retiree; or is receiving the Government Age Pension
- Have an Australian driver’s license or Passport or Medicare Card
- Provide two most recent payslips or 90 days of bank statements
On top of that, you have to buy the right kind of product. Fortunately, all Solaray systems qualify!
Our sales representatives will be happy to assist you with your loan application. Your rate estimate only takes a few minutes to complete and it is not recorded on your credit score. We can either provide a link for you to do this, or we can help you do it over the phone.
Once you have your personalised repayment figures, you can then apply online, which only takes around 5 minutes. Once you have approval from Brighte, we will kick off your install planing in order to get you installed as soon as possible, normally within around 2-4 weeks. Approvals with RateSetter are also very quick, in some cases, they are even instant.
Ready to get started? Request a callback for more information and a quote for installation:
Tom and Marie installed a 5kW premium Solaray system using a green loan for $6000.
They use 70% of the solar power generated and export 30% of the solar power to the grid. They pay 30c per kWh and have a feed-in tariff of 21c per kW/h.
Tom and Marie are thrilled to be saving $1,940 a year on their power bill.
The Green loan repayments are $140 a month over 60 months.
Taking their savings into account, the solar system is cashflow positive from day 1, as their monthly savings are larger than the monthly repayments, and then after just 5 years, they are getting free solar power to help reduce their power bills by nearly $2000 a year. Tom is surprised at how well the numbers stack up as good quality solar systems have dropped in price dramatically over the last few years.
Although Tom had the savings needed to pay for the system upfront, he was comfortable with a green loan because he could easily afford the $140 a month, especially considering the savings on his quarterly power bill offset all of this figure. Marie was happy that there are no hidden fees or charges, and that all of these figures were made clear by their Solaray representative.
Important: The figures in these examples are for illustration purposes only and may not be accurate in your circumstance. Actual Savings will vary based on individual energy usage patterns and costs. Please contact your Solaray representative for personalised figures and a full quote.
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