The Household Energy Upgrades Fund
Alright, energy-savvy Aussie, let’s talk cash — specifically $1 billion in government-backed support for home energy upgrades. Sounds good, right? That’s exactly what the Household Energy Upgrades Fund (HEUF) is all about.
If you’ve been thinking about slashing those electricity bills, adding solar, or finally getting that efficient hot water system you keep putting off — now’s the time to pounce. 🐾
Let’s break it down, Rebate Spy style.
🧐 What’s the Household Energy Upgrades Fund?
The HEUF is the Australian Government’s way of saying:
“Hey, we know energy bills are brutal. Here’s a billion bucks to help you sort it out.”
In more official terms, it’s a $1 billion fund, run through the Clean Energy Finance Corporation (CEFC), that helps everyday Aussies upgrade their homes to be more energy efficient — without emptying their wallets.
Instead of handing out the cash directly, the fund partners with lenders (like Plenti, Bank Australia, ING, and Westpac) to offer discounted green loans. You can use these loans to install solar, batteries, heat pumps, insulation, and all sorts of energy-saving gear.
So, What Can You Actually Upgrade?
Here’s what’s on the upgrade menu:
✅ Solar panels (battery-ready, of course)
✅ Home battery systems (store that sweet, sweet solar energy)
✅ Hot water heat pumps (hot showers that don’t cost the Earth)
✅ Energy-efficient appliances (induction cooktops, air conditioners)
✅ Insulation, double glazing, and other home improvements that keep the heat in (or out).
Basically, if it helps your home use less energy, it probably qualifies.
🏦 How Do You Get the Money?
Good question! Here’s your cheat sheet:
Check your upgrade wishlist - Think solar, batteries, heat pump, better insulation — whatever suits your home and climate.
Pick a lender - Look for one of the HEUF-approved lenders (like Plenti or Bank Australia) and see what kind of loan you qualify for. These loans have lower interest rates thanks to the fund.
Get a quote & apply - Get quotes from trusted installers (psst — that’s where Rebate Spy can help) and apply for the green loan.
Upgrade & save - Once approved, go ahead and install your new energy-efficient gear. Then sit back and watch your power bills drop (while your smugness level rises).
🎯 Why Should You Care?
Because this is a rare combo of government support, bank discounts, and long-term savings — and it's not going to hang around forever. Lenders are rolling this out now, but if you wait too long, you could miss out.
Also, have you seen electricity prices lately?
👀 Want Help Finding an Installer?
That’s literally why Rebate Spy exists. We help you:
🕵️♂️ Discover what rebates and incentives you qualify for
🔍 Compare quotes from reputable installers
💸 Save money and the planet — one upgrade at a time
Click here if you're ready to speak to a reputable installer.
Final Word: Don’t Sit on This 💨
The Household Energy Upgrades Fund is live right now. Whether you’re eyeing solar, batteries, or just want your home to stop leaking heat like a sieve — this is your moment.
Your future self (and your energy bill) will thank you.
👉 Learn more at energy.gov.au.
👉 Or chat with us to find a top-rated installer near you.