At GEM Energy we understand that people who need solar the most, are often the ones unable to afford it. That is why we offer a few alternative ways of purchasing a solar system for customers who are not able to find thousands of dollars in upfront capital.
For our residential solar finance options, GEM Energy offer a “Pay As You Save” repayment plan, two loan options with varying terms, as well as a 60-months interest-free repayment option, starting from as little as $22 per week.
Our 5kW systems are available from just $40 per week, all without any upfront costs.
GREEN LOANS – WITH COMMUNITY FIRST CREDIT UNION
Green loans offer excellent features!
Community First Credit Union offers its green loans, or solar loans, to home owners who want to add solar panels or a solar hot water system, but can’t afford to pay for it upfront. Green loans feature low interest rates, no account keeping fees, and repayment terms of up to ten years. Go solar today and potentially save hundreds of dollars per quarter on your power bills!
What you get with your green loan:
- fast online approval process with instant decision
- brick and mortar presence
- low interest rates from 6.12%
- no penalties for extra repayments and early payout
- no monthly account keeping fees
- online account that lets you check on your balance and repayments
- redraw facility
- loan amount of $1,000 to $35,000
- varying repayment terms from one to ten years
To be approved for a green loan you need to:
- be aged over 18 years
- be an Australian permanent resident
- earn a regular income
- pay a once off application fee of $195
- have been in your current job for over six months
- have a good credit history
- supply your current financial details e.g. income, assets, liabilities
CLASSIC – RESIDENTIAL SOLAR FINANCE
The Residential Loan and Own Agreement with Classic Finance
Classic funding group offer a variety of loan terms to assist home owners make home improvements such as adding solar panels. Their fast and simple online approval process could get your home solar-powered in no time!
What you get with Classic Finance:
- fast and simple approval process
- interest rates from 9.95% for a seven year term
- 2-7 year loan terms available
- fixed monthly repayments
- no deposit, low establishment fee
- available for Solar PV, Battery Storage and Solar Hot Water Systems
- Australian-based call center to assist you with any queries
You will need to:
- be over 18 years of age
- be an Australian permanent resident
- have a current electricity showing no overdue amounts
- have a good recent credit history
- be the home owner
PAY AS YOU SAVE SOLAR
Pay As You Save Solar
GEM Energy has created the innovative Pay As You Save repayment plan to enable more people to put solar systems on their roofs. This award-winning way for purchasing solar aims to match the weekly repayments for your solar system with the weekly savings on your power bill.Look No Further. Get Started Today.
What our customers say about us
The installation was efficient and we were kept informed every step of the way.
This time last year my bill was just over $1,000 and this time it was a measly $128.48 and that included $124.48 solar scheme credit. Thanks everyone at GEM, you have made my life a lot easier 🙂
Great honest company I would recommend to anyone.