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HEUF Discounted Green Loans

Household Energy Upgrades Fund (HEUF)

Plenti has been chosen by the Clean Energy Finance Corporation (CEFC) as the inaugural financier for its $1 billion Household Energy Upgrades Fund (HEUF), enabling us to offer discounted rates off Plenti's standard green loans to Australian households via Plenti's network of accredited installers.

Get HEUF rate discounts on the installation of solar battery systems and energy-efficient home assets

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Features

What is the offer?

This low-cost green loan finance is available to Australian households via Plenti’s extensive network of accredited partners and installers.

3% rate discount* (up to)

$2k - $50k loan amounts

3 -15 years loan terms

What is HEUF?

The intention of the HEUF is for the CEFC to leverage the consumer lending capabilities of Australian financiers like Plenti to offer discounted consumer loans to their customers.

Diversifying housing sustainability

The HEUF aims to help establish market interest in green household systems and increase the diversity of products, addressing enhanced home energy performance for existing homes.

Find out more
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Are you an installer looking to access our HEUF Discounted Green Loans?

Apply today

Are you a consumer looking to access our HEUF Discounted Green Loans?

Speak to Plenti
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FAQs

Eligibility criteria for HEUF Discounted Green Loans

Firstly, you need to be a Plenti accredited installer and have the appropriate certifications for relevant installations.

And for your customers to be eligible for our HEUF Discounted Green Loans, they must:

  • Be over 18 years old
  • Be an Australian citizen or permanent resident
  • Have a valid driver's license, Medicare Card, or Australian Passport
  • Own (or be purchasing) their own home where the property value does not exceed $2.5 million
  • Have a clear credit file
  • Be employed >25 hours a week, a self-funded retiree, or receiving a government pension

In some cases we may require the customer's bank statement and latest electricity bill.

Please download the HEUF installer guide from the portal for full eligibility criteria.

What certifications do I need as a vendor/installer for my customer to be eligible for the HEUF Discounted Green Loans?
  • Battery, Solar, Inverter and EV Charger installations need to be done by a New Energy Tech Consumer Code (NETCC) accredited company and by a Solar Accreditation Australia (SAA) certified installer*.
  • Wall, Floor and Ceiling Insulation installations need to be done by an Energy Efficiency Council (EEC) certified installer.
  • Air Conditioning installations need to be done by an Australian Refrigeration Council (ARC) refrigerant handling licenced installer.
  • Additional state-based licensing may be required for various tradespersons, depending on the state and the specific home assets installed.

*Please download the HEUF installer guide from the portal for the relevant thermal performance requirements.

I am not an Installer but would like to apply for a HUEF Discounted Green Loan

We are currently only accepting applications through our accredited installer network.

Please speak to a member of our team who will be able to connect you with an appropriate installer to help you with applying for a HEUF Discounted Green Loan

Contact us

Are there any fees for making extra payments?

No — at Plenti, we don’t charge additional repayment or early exit fees for consumer loans. You can make extra payments, increase your monthly payment or repay your loan early and there are no fees for doing this. You would also save on the amount of interest you are paying.

This information does not constitute financial advice and you should consider whether it is appropriate to your circumstances before you act in reliance on it. Any opinions, forecasts or recommendations reflect the judgement and assumptions of Plenti as at the date of publication and may later change without notice.

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Installing a Solar PV System on the HEUF discount

If your client is solely installing a solar PV system, they will not qualify for any of the HEUF discounts.

If the solar PV system is installed with a battery, they will be eligible for 'HEUF Discount 1'.

If the solar PV system is installed with one or more HEUF-eligible equipment, they will be eligible for 'HEUF Discount 2'.

What if my equipment is faulty or I am not satisfied with installation?

If you're not fully satisfied with your renewable equipment or have an issue with its operation, please contact your installer directly.

Who can I go to for help?
  • Business Development Managers
  • Relationship Managers
  • Broker Support
  • Live Chat

Contact us for more details:

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