Adelaide Advertiser
Monday 21/7/2008 Page: 33
CHEAP loans for energy efficient home improvements are expected to be available from next year. One of the Labor Government's election promises was to provide cheap loans of up to $10,000 for people who want to install solar panels, water tanks and other green products, such as insulation, awnings, grey water recycling and gas hot water heaters.
A spokesman for Federal Environment Minister Peter Garrett said last week that the loans would be available early next year. They will be available to all families earning less than $250,000 a year to enable them to make their homes more energy and water efficient. The spokesman said the scheme would cut up to $800 a year from energy and water bills and increase the value of homes.
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