In addition to the benefits to the environment, choosing to install and use energy-efficient products can also increase your property’s value and appeal.
A recent global study found that when it comes to buying or building a home, sustainability is an important purchase criteria for 66% of buyers.
So, investing in an energy-efficient upgrade can be beneficial in three ways:
Unlock energy savings by electrifying your home. We work with our selected providers to make your transition an easy one with the Home Energy Upgrades page.
There are a few changes you can make, which may help reduce your household bills.
A set of solar panels on the roof can generate a quick return on investment by way of reduced electricity bills. Research from Canstar Blue found the average household with solar panels received a saving of $236 a quarter, or almost $1,000 a year.
If you want to supercharge your solar system, consider installing a battery pack or battery storage, such as the Tesla Powerwall or Sonnen Battery System. This works in conjunction with your home's solar panel system to store the solar energy you produce but don’t use; currently, this energy gets sent back to the grid.
A standard residential plug socket is the slowest way to charge an electric vehicle. So if you’re investing in an electric vehicle (EV), it’s worth considering investing in a wall-mounted EV charge station, too.
Renewables are now one of the cheapest forms of energy.
Government estimates suggest that a solar hot water system (SHWS) could provide 50% to 90% of your hot water needs, which is why installing a SHWS or a heat pump could help to significantly lower your ongoing energy bills.
You may need finance to make some of these home energy efficient decisions feasible, which is where the Home Energy Upgrades page, your one-stop shop for energy-efficient solutions can help.
Things you should know
This article is intended to provide general information of an educational nature only. It does not have regard to the financial situation or needs of any reader and must not be relied upon as financial product advice. As this information has been prepared without considering your objectives, financial situation or needs. You should, before acting on this, consider the appropriateness to your circumstances.
Applications are subject to credit approval, satisfactory security and minimum requirements. Full terms and conditions will be set out in our loan offer, if an offer is made. Fees and charges are payable.
