The Hodgman Government is committed to helping Tasmanians take control of their power bills and keep a lid on the cost of living.
We know that power bills are a big issue for Tasmanian households and that many Tasmanians would like to do more to save money, but they need assistance to turn an aspiration into reality.
That’s why today, we are launching the $10 million Tasmanian Energy Efficiency Loan Scheme in partnership with Aurora and Westpac.
Tasmanian households and small businesses will now be able to access interest free loans of up to $10,000 to buy energy efficient appliances like heat pumps, double-glazed windows, solar panels and solar hot water systems. A full list of eligible products is available at www.auroraenergy.com.au
Products can be purchased from any Tasmanian supplier that has been operating in the State for 18 months or more, which will ensure that Tasmanian businesses benefit from the Scheme as well.
More than 1,860 people have already registered online for the Scheme and given it’s capped at $10 million in total, we encourage anyone interested to register with Aurora straight away to avoid missing out.
The Scheme will complement the existing No Interest Loan Scheme, which supports concession customers to buy energy efficient appliances for their homes. The No Interest Loan Scheme funds 50 per cent of the cost of purchasing energy efficient appliances.
The Government, Aurora and Westpac are currently working on a scheme to support small businesses with energy efficiency projects valued at $10,000 and $40,000.
This is another practical example of how the Hodgman Government is delivering for Tasmania and follows yesterday’s announcement that we will cap power prices to avoid price shocks.