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no interest loans for nsw household solar - storage battery systems

no interest loans for nsw household solar  -  storage battery systems

Up to 300,000 households in new state will be able to install solar panels and batteries without interest
Free loan program provided by the state government.
On Sunday, Prime Minister Gladys berregic announced plans to empower families.
An annual plan to encourage the installation of solar panels and battery storage systems.
"We know that many families are thinking about installing solar panels or battery facilities, but the upfront costs are very expensive," MS Berejiklian told reporters . ". No-
Car owners can get interest loans of up to $9000 in battery systems and interest loans of up to $14,000 in solar cell systems
Households with annual incomes of up to $180,000 are accounted.
Households currently paying $500 in energy bills per quarter will save about $285 a year, while repaying the loan, which will save more than $2000 a year once the loan is repaid.
This announcement was announced in the new state Labor party-
500,000 households are encouraged to install solar year policies for roof solar panels.
According to the plan, the owner-
Households with a total income of up to $180,000 will be eligible for a rebate of up to $2200.
According to the plan, electricity bills are saved up to $600 per year on average.
The energy minister, Don Harwin, said that the key to the berregic coalition government project is to highlight the solar cell system.
"While 400,000 households already have solar panels, the government wants as many families as possible to have batteries to improve the reliability of the system, because the sun doesn't always shine," the minister told reporters . ".
"When the sun goes down, the solar energy on the roof will not be recharged (power)
We have the equivalent of a large power station that provides reliable, dispatching power through the battery.
"Delivery partners will be selected for the project using the tender process.

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