Article 6BK2G Households offered $1bn help in budget to install energy saving measures

Households offered $1bn help in budget to install energy saving measures

by
Adam Morton Climate and environment editor
from on (#6BK2G)

Low-cost loans for double glazing, solar panels and other improvements should benefit more than 100,000 households, while $2bn is set aside for hydrogen projects

About 110,000 households will be able to receive $1bn in low-cost loans for double glazing, solar panels and other energy improvements in changes the Albanese government says will make homes cheaper to run and easier to keep cool and warm.

It's part of a $1.6bn energy savings plan" announced in Tuesday's budget that includes $300m funding to improve social housing and $310m in tax deductions for businesses that invest in renewable energy and energy efficiency measures.

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