Solar Panel & Battery Finance

Solar and battery finance covers the loan products used to pay for solar PV systems, home battery storage, EV chargers and other energy upgrades. For homeowners that’s usually a green personal loan or asset finance product. For businesses it’s commercial asset finance, with the structure tailored to your tax position.

Homeowners installing residential solar and battery systems, and businesses of any structure installing commercial solar: sole traders, partnerships, companies and trusts. We arrange finance for new installations, battery retrofits and combination packages.

Get in touch with the quote or invoice from your solar installer and a rough idea of your timeline. We’ll ask for some basic documentation, talk through your situation and tell you what’s realistic before anything formal is submitted. From there, we guide you through each step.

Typically proof of identity, proof of income through payslips, tax returns or bank statements, the quote or invoice from your installer, and property details if you’re a homeowner. We’ll tell you exactly what your application needs before you start gathering anything. We’ll take you step-by-step through the finance application process. 

Yes. Battery retrofits are eligible for finance in the same way as new installations, and with battery incentives currently available, a retrofit can be a well-timed upgrade.

Potentially, and it’s worth checking before you borrow. The Cheaper Home Batteries Program delivers around a 30% upfront discount on eligible battery installations, and state-level programs include interest-free or low-interest loans in the ACT, WA and Tasmania. We factor in the incentives relevant to your location when comparing your options, so you’re not borrowing more than necessary.

Green loan products often carry lower rates than standard personal loans. The rate you’re offered depends on your credit profile, the loan amount and the lender, so rather than quoting a generic range, we compare actual rates across more than 40 lenders for your specific situation.

For homeowners, the main options are green personal loans and secured asset finance. For businesses, commercial asset finance structures such as a chattel mortgage allow interest and depreciation deductions, GST claims and potentially instant asset write-off where applicable. We compare both sides and recommend the structure with the best overall outcome. 

For business installations, potentially. Eligible businesses may be able to claim deductions for depreciation and interest, claim the GST component upfront under a chattel mortgage, and access instant asset write-off provisions where they apply. Tax treatment varies with the structure and your circumstances, so confirm the specifics with your accountant.

If you’re purchasing solar and battery finance for a business, we can help with finance for other commercial needs including heavy machinery finance, farm equipment loans, gym equipment and industrial sheds.