TAS Energy Saver Loan Scheme Making energy savings easy

With our affordable finance and network of over 2,600+ vendors, we’re helping Aussie households to make their homes more sustainable.

As the official partner for the Energy Saver Loan Scheme, we're excited to help Tasmanians to access a range of energy efficient products, from solar panels and hot water heat pumps, to insulation and other energy efficient appliances.

We believe in empowering households to make informed purchases, with transparent and responsible payment plans.

Check the criteria to see if you're eligible:

• Eligibility criteria for individuals
• Eligibility criteria for businesses and community organisations

The Energy Saver Loan Scheme is designed to help Tasmanians to reduce their electricity bills.

If you’re not eligible to receive an Energy Saver Loan, then you could eligible for other Tasmanian government programs or benefit from applying for a Brighte Green Loan.

As part of this Scheme Brighte has developed an exclusive product that is only accessible for TAS Energy Saver Loan Scheme participants.

Below is the fee structure:

• 0% interest loan
• $0 establishment fee
• $0 weekly account keeping fee
• $0 introducer fee
• $4.99 late payment fee may be applied if you miss a repayment (late fees are capped at $49.90/year)
• Fortnightly repayments
• 1-3 year loan terms with fortnightly repayments
• Income verification will be required. Customers must submit proof of their income via payslips or bank statements to be assessed by Brighte.

Loans are capped at $10,000 per property. Accessing the scheme for your primary residence does not preclude you from applying for a loan under the scheme for a rental property, and a separate small business.

Separate to your primary residence, you are eligible to apply for up to $10,000 for one rental property, and if you own a small business you can apply in the name of the business, for a $10,000 loan under the scheme.

Accessing the scheme for your primary residence does not preclude you from applying for a loan for a rental property.

Separate to your primary residence, if you are a landlord with a residential rental property (tenanted or available for long-term lease, not short-stay accommodation), you can apply for a loan under the scheme.

Each property is eligible for a $10,000 loan maximum.

Finance is our bread and butter. We’ve made it easy for you to apply online (or over the phone). To apply, you’ll need to provide:

You can request quotes and engage suppliers that are listed on Brighte's marketplace.

The products under the Scheme can only be supplied by authorised suppliers that have all of the Tasmanian licensing requirements, who are registered with the Scheme via the Brighte accreditation process. Certain products that suppliers provide will have specific licensing or accreditation requirements, this includes:

• Approved Solar Retailers by the NETCC, who use accredited CEC installers
• Insulation suppliers, to be accredited under the Energy Efficiency Council.

These requirements help to ensure:

• Suppliers involved in the Scheme act in your best interest
• You are able to make an informed purchase and are not pressured into any decisions

Additionally, you should be alert for:

• Telemarketing or door-knocking - these are not endorsed by the Scheme
• Misleading and deceptive conduct
• Unlawful sales practices, e.g. being pressured, harassed or coerced about the supply of, or payment for goods or services
• Consumer agreements made outside of Tasmanian Government program processes

If you want to borrow more than $10,000 you have a couple of options.

• Brighte will offer you the standard Brighte Green Loan and you’ll be assessed on the total borrowing amount.
• Alternatively, you can borrow up to the $10,000 through Brighte, and you can seek alternative financing for the remainder through other means.