Effective Electrical Trading as Ballarat Solar Panels is now an accredited Plenti Solar Retailer and we can offer you our solar packages at
$0 upfront paid back over 3 to 7 years.
We choose Plenti to provide your Green Finance
The interest rates on the Plenti Green loans are approx 6.9%. This may vary slightly depending on your credit rating.
Why we do not offer zero interest loans
While the Australian Federal Government has laws designed to protect consumers who borrow money, the interest-free loophole means lenders are not regulated by the National Consumer Credit Protection Act.
The Clean Energy Council explains that as a result:
Zero Interest is it too good to be true – YES
These companies actually charge approx 20% but this is hidden behind the zero interest label. How they do it is – the price is added to your solar system package price and you pay all the interest upfront. This is why solar companies that offer zero interest solar also have a lower cash price.
To apply for Plenti Green Loan you will need an income of $20 000 per annum or greater
Rate Setter Repayment Schedule
Rate Setter Application documents
Ask our sales representative about getting solar for $0 upfront