The Plenti Green Loan – Solar Power Finance

So you’re keen on solar—but you’re not so keen on the upfront costs. There are a few different ways to pay for your solar system, including Plenti's Green Loan.

Many of us don’t have the cash lying around to install a solar system right away. We’re left with a choice; sweat through another summer of hot weather without putting that Aussie sun to good use, or get the ball rolling with a Plenti Green Loan.

With a Green Loan, your repayments can often be less than your solar savings, leaving you better off from day one!

Designed to make environmentally friendly investments easier, Plenti offers a competitive interest rate with the ability to apply online, once they have received all documents they aim to give a decision within 2 days. Plenti’s Green Loan can be used to finance 1KOMMA5° solar power systems and battery storage between $2,001 to $50,000 and can be repaid across terms ranging from 3 - 15 years.

How Does That Look in Practice?

The average monthly benefit of a 10kW system can see you break even in about 4-5 years. Across 25 years, your profits can stack up as high as $125,000 (and that’s why it’s important to choose a reputable product that’s going to last)!

To be eligible to apply you must:

• Be over 18 years old and an Australian resident or citizen

• Have an Australian driver’s license, passport or Medicare card

• Property value not exceeding $2.5 million

• Minimum credit score of 500

• Own (or be purchasing) your own home

Once you have received your Plenti Green Loan referral from 1KOMMA5°, you can apply online. The Plenti Green Loan application is completed online, and the Plenti team are available to assist with your application if required. Once approved, often a decision is received within 1-2 business days, we will kick off your install planning to get you installed as soon as possible, normally within around 2-4 weeks.

Plenti Awards:

Since 2014 Plenti has won more than 45 industry awards, including:

• 2024 Electric Car Loan of the Year

• 2024 Best for Green Personal Loans

• 2023 Lending Innovation of the Year

• 2022 Green Team of the Year

For more specific information regarding rates, eligability and more please download this Rate Guide:

Our solar experts will help you find the right system for your home.

• The Best Solar Panels To Install In Australia in 2024

• The Price, Output and Payback Period of a 10kW Solar System In Sydney In 2024

• How much is a 5kW or 6.6kW Solar Panel System in Melbourne?

• How Much Do Solar Systems Cost In 2024 in Sydney?

• Is Solar Power Worth It To Help You Save Money In 2024?

• How Much Does It Cost To Replace A Solar Panel Or Solar System?

Get all the right information before installing a solar power system for your home.