Loading Solar Battery Perth...
Loading Solar Battery Perth...
Compare financing options and understand the true cost of your battery purchase. See monthly payments, total interest, and break-even timelines.
This information is general in nature and does not constitute financial, tax, or legal advice. Rebate amounts, eligibility, and tariff rates change frequently and may not be current.
Consult a licensed financial advisor, tax professional, and electricity retailer to understand your specific situation. We are not responsible for financial decisions made based on this information.
Several financing options are available for solar battery purchases in WA. Understanding the costs and requirements helps you make the best financial decision for your situation.
Compare the interest rate on battery financing to your current savings rate. If your money is earning 5% in savings but the loan costs 7%, you're paying an effective 2% premium. Also consider that battery savings are tax-free while savings interest is taxable.
Government-backed schemes offering competitive rates (typically 4-6%) for solar and battery systems.
Check: Clean Energy Finance Corporation (CEFC) programs
Unsecured loans from banks or credit unions (typically 6-12%). Shop around for green energy discounts.
Compare: Major banks, credit unions, online lenders
Lower rates (typically 5-8%) using home equity. Interest may be tax-deductible if structured properly.
Consider: Tax implications and home equity impact
Some installers offer in-house financing (rates vary widely 6-15%). Read terms carefully.
Watch for: Hidden fees, early payment penalties
Get personalised battery recommendations and connect with an installer from our network that covers your area, who can provide a financing-inclusive quote.
Get a quote from an installer from our network that covers your area. You choose whether to act on it. No obligation.
See what monthly repayments on a home battery could look like
System cost
Includes battery, inverter, and installation$8k–$100k
17% of total priceup to 50%
Loan
60 monthly payments1–10 yrs
Typical rate for green energy loans3.99–12.99%
Your savings
Your estimate. It varies by usage, tariff and battery size.$0–$500
For a precise figure, use the savings calculator or the ROI calculator.
Estimated net cost after savings
The repayment is about $128 a month above your savings estimate. Based on your inputs. This is an estimate, not financial advice.
60 monthly payments over 5 years at 6.99% p.a.
Same amount on the WA interest-free loan
If you're eligible. Check eligibility