Switching to solar and battery storage is a great way to lower your electricity bills, but we know it is a big upfront investment. That’s why we offer flexible financing options to make the purchase easier and more affordable for you.
You can apply for one of the following two finance options when purchasing a package through Kleenheat Spark.
Option 1: Green Loan by Plenti
We’ve partnered with Plenti, to give you the opportunity to pay for the upfront cost of your system with a Plenti Green loan. A Green Loan is a simple, low-rate finance option designed for people making energy-efficient upgrades like installing solar and batteries at their homes. You can pay the loan back with monthly repayments over a period of between 3 and 10 years.
Option 2: No-interest loan under the WA Residential Battery Scheme.
This WA Government scheme is designed to help WA households access clean energy and battery storage without the upfront financial costs and is open to households with a combined income of less than $210,000.
Through the WA Government’s no-interest loan, you can apply for up to $10,000 in finance to cover your solar and battery package without paying any interest. This loan is repayable over a period of between 3 and 10 years, helping you spread the cost of your system over time.
If you request a quote from us, we’ll ask you if you’d like to apply for financing. If you do, your installer will contact you to help you decide which finance options suit your package and situation best and guide you through the application process. You can learn more about the two financing options and their eligibility criteria below.
Green loans by Plenti
A Plenti Green Loan is an unsecured personal loan designed specifically for energy-efficient home upgrades, such as solar panels, home batteries, EV chargers, and heat pump systems. It allows you to pay the cost of your solar and battery package over time.
If your application is approved, this loan will cover the full cost of your Kleenheat Spark solar package, and you won’t need to make any direct payments to Kleenheat.
Key features of the Plenti Green Loan include:
- a loan of up to $50,000 with flexible repayment terms between 3 and 10 years.
- interest rates from 6.49% per annum when bundling solar with a battery, and 9.49% per annum for solar-only packages.
- a quick online application and approval process.
To be eligible, you need to:
- be over 18 and a permanent Australian resident.
- have a clear credit history.
- be employed 25+ hours per week, a self-funded retiree, or on a government pension.
You can view the full eligibility criteria here.
WA Government no-interest loans
The WA Government offers no-interest loans as part of its WA Residential Battery Scheme. The loans can be used for batteries and new or upgraded equipment such as inverters and solar panels, provided they’re installed with a battery.
The no-interest loans:
• are for a loan value of up to $10,000 per household
• have no interest rate (0%)
• have repayment terms between 3 and 10 years
To be eligible, you need to:
• have a combined income of less than $210,000/year
• be a Synergy or Horizon Power customer*
• agree for your battery to be connected to a Virtual Power Plant (VPP)
You can learn more or view the complete eligibility criteria for the no-interest loan here.
*Kleenheat Spark only provides solar and battery packages for Synergy customers in the Perth metropolitan area.
Applying for financing for your Kleenheat Spark package
When you request a battery, or solar and battery quote from us through our online tool, we’ll email you an all-inclusive fixed-price quote within a business day. If you wish to go ahead with getting the system installed, you’ll need to accept the quote and select a payment method in the payment section of the quote.
If you’d like to apply for financing, you should select the option under the finance heading in this payment section. Your installer will then get in touch with you to discuss the two finance options and help you decide which option will be most beneficial based on your package and circumstances. They’ll also direct you on how to apply for this financing through them.