ACT Sustainable Household Scheme
The Australian Capital Territory (ACT) Government’s Sustainable Household Scheme (SHS) offers zero-interest loans to assist residents in adopting energy-efficient technologies, including solar panels and battery storage systems. This initiative aims to reduce energy consumption, lower utility bills, and support the ACT’s commitment to achieving net-zero emissions by 2045. What is SHS Loan Structure? Eligible households can access loans ranging from $2,000 to $15,000, repayable over a period of up to 10 years. These loans cover various energy-efficient products, such as: Rooftop solar panels Household battery storage systems Electric heating and cooling systems Hot water heat pumps Electric vehicles and charging infrastructure Ceiling insulation It’s important to note that the cumulative borrowing limit per household over the life of the scheme is $15,000. This means you can apply for multiple loans for different products, provided the total amount does not exceed this limit. Property U...