Last updated March 2025
With the rising cost of living, solar panels and battery storage remain one of the best ways to cut electricity bills. In 2025, green loans are helping more Australians afford these systems. Green loans let you switch to solar without a big upfront cost. This update covers the latest trends in green loans for solar and battery installations.
What Are Green Loans?
Green loans are special loans for eco-friendly upgrades. They can be used to fund things like solar panels and battery storage systems. They typically offer:
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Competitive interest rates
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Flexible repayment terms
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Fast approval processes for eligible projects
The 2 Key Trends in Solar and Battery Green Loans for 2025
1. More Low-Interest Green Loan Options
In 2025, more banks and financial institutions are offering green loans. Rates are more competitive and repayment terms more flexible. Key features include:
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No early repayment penalties
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Loan terms from 2 to 10 years
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Fast online applications and approvals
Popular lenders like CommBank, and several credit unions now provide tailored green loans.
2. Buy Now, Pay Later (BNPL) Options for Solar and Battery Systems
The rise of Buy Now, Pay Later (BNPL) options has extended into the solar market, offering short-term financing with no upfront costs. These plans suit homeowners wanting to avoid traditional loans while accessing renewable energy benefits.
Learn more about the benefits and risks of BNPL solar financing.
Comparison Table of Green Loan Options for Solar and Battery Systems – 2025
| Provider | Loan Type | Interest Rate | Loan Term | Key Features | Eligibility |
| Plenti | Green Loan | From 6.39% p.a.* | 3 - 7 years | Flexible repayment options, competitive rates | Homeowners with good credit history installing solar/battery systems |
| Brighte | Green Loan | From 7.49% p.a.* | Up to 7 years | Fast approval, no early repayment fees | Australian residents installing solar or battery systems. Subject to credit assessment |
| CommBank | InstalPay (Interest-Free) | 0% | 1 - 5 years | No upfront costs. | Existing CommBank customers installing approved solar/battery solutions |
| Credit Unions & Regional Banks | Green Loan | Varies, typically starting from 6.5% p.a.* | Varies, typically up to 10 years depending on institution | Localised support, flexible terms | Eligibility depends on credit assessment and credit union membership. |
| BNPL | Buy Now, Pay Later | Varies depending on provider. | Typically 6 months – 2 years | No upfront costs Interest-free options (with promotional periods) Fast online approval and flexible repayments. | Australian residents installing solar or battery systems. Subject to credit assessment and provider terms. |
*Interest rates are indicative and may vary depending on credit assessment and lender policies.
Read our finance options page to explore all your solar & battery financing options.
Final Thoughts
Looking to install a solar or battery system in 2025? Green loans make financing more accessible than ever. With more lenders offering competitive terms and government incentives supporting renewable energy adoption, now is the perfect time to switch—no savings required.
✅ Compare your financing options
✅ Take advantage of available rebates
✅ Start saving on your energy bills today
IMPORTANT: This blog is for general information only. It’s not financial, legal, or tax advice. We believe the information is accurate at the time of writing, but it may change. Always speak to a qualified financial advisor before making decisions about solar or battery system financing.
