Residential Solar Finance Options

GEM Energy offers an excellent range of finance and repayment plans.
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.


community-first-credit-union-logo green loans

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 finance logo

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

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. GEM Energy offers 100% finance, so no upfront payments are necessary. Interest rates are as little as 6.12%, so there are no nasty hidden surprises. We also have other ‘No Interest Ever’ repayment options, but because of the shorter term and higher repayments, it may not always work with the Pay As You Save scheme. The beauty of the Pay As You Save scheme is that it is fully tailored to your usage. We will not try to sell you a system too big or too small because the finances would not stack up. Let’s assume you have a bill of around $600 per quarter. You can expect to save around $40 per week if you are a typical family with a stay-at-home husband or wife, kids and higher electricity usage on weekends. However, if you use all of your power in the evenings and nothing during the day, then even with a $600 bill a 5kW solar system will not make sense for you because you would simply be exporting power back to the grid at a low value. What does all this mean? If you are spending $36 per week to save $40 per week, you are in front. Instead of putting the $36 per week into the hands of your power company, you are simply putting it into your other hand and paying off a solar system with $4 change each week.


At the end of the repayment plan, the money that you have used to pay for your solar system is money that would have gone to your power company regardless. Once the repayments have stopped you own your system outright and you are still saving that $40 per week which is over $2000 per year AND you have added value to your home. With no deposit necessary, there is absolutely no better way of going solar. If there is, we would love to hear it.

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.
Gayle Harper

Mt Isa

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 🙂

Gin Gin

Great honest company I would recommend to anyone.
Bob Greaves