The Australian Government has realized how important solar energy is to the reduction of greenhouse gas emissions and to the increase in usage of renewable resources. Their realization saw the introduction of a solar rebate, which ended on 9 June 2009. It was means tested and was available to households with an annual taxable income of less that $100, 000.
In place of the solar rebate the government has introduced the Green Loans, which will be available from 1 July 2009. The Green Loan gives households a four year interest free loan of up to $10, 000 to assist them with improving energy and water efficiency in their homes.
The Green Loan differs from the Solar Rebate …