HOW CAN I FINANCE SOLAR AND BATTERY STORAGE?
Some finance options to consider to help you get off the ground with solar and battery storage.
Customers are sometimes keen to look at funding options for their NGSS Energy system. It can be an attractive option as the energy cost savings from a system can often exceed the financing costs. Plus, of course, you get all the great benefits that solar and energy storage provider for your family – high penetration of solar energy in your home day and night, clean green economic energy, and the option for backup power during outages.
Your Home Mortgage
In many instances, the simplest and most cost-effective solution may be to extend or redraw from an existing home loan. This is because the interest rates are generally lower, your credit risk has already been assessed, and a relationship has already been established with the lender.
NGSS has worked with two funding providers to offer funding renewable energy systems for households and businesses who wish to explore other options. While NGSS is not a credit provider, we are able to put customers in contact with some of these firms to assist customers in this approach.
If extending or redrawing your home mortgage is not appropriate for you, other sources of consumer finance are also available.
A number of firms are offering credit products to finance renewable energy systems for households and businesses who do not have a home loan in place or wish to explore other options. While NGSS is not a credit provider, we are able to put customers in contact with some of these firms that NGSS is familiar with, to assist customers in this approach if they wish.
Of course, everyone's’ circumstances are different. We recommend getting financial advice from your accountant or a registered advisor prior to making any decision concerning the use of credit for your system.
Please note that NGSS Energy is not licensed to provide credit or credit assistance, and NGSS Energy does not recommend any particular credit contract. NGSS Energy receives no financial benefit from any credit providers for any customers referred to them.