Tasmania’s Energy Saver Loan Scheme expanded to assist the switch to EV

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Image credit: Nick Duigan, Facebook

The Tasmanian Government has expanded its $50 million Energy Saver Loan Scheme to assist households and businesses transitional to electric vehicles (EV).

The Energy Saver Loan Scheme, which offers no-interest loans for energy-efficient product purchases and installations, will now include EV charging infrastructure.

Minister for Energy and Renewables Nick Duigan reported that over 3,000 families and businesses have already availed of interest-free loans for energy-efficient upgrades such as solar panels, batteries, heating and cooling systems, and appliances.

“By expanding eligibility to EV charging infrastructure, we’re now taking the Energy Saver Loan Scheme out of the home and onto the roads, meaning we’re making an even bigger impact,” Minister Duigan said.

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“Importantly, the majority of projects already being rolled out under the Scheme have involved approved Tasmanian businesses, supporting our them to grow, employ more Tasmanians and grow our economy.”

Minister for Environment and Climate Change Roger Jaensch said the State Government is implementing innovative solutions to reduce emissions.

“The Rockliff Liberal Government’s $12 million e-transport package offers rebates for the purchase of eligible electric vehicles and e-mobility devices,” Minister Jaensch stated.

According to him, households, businesses, and not-for-profit organisations can now avail of a no-interest loan of $500 to $10,000 to install electric vehicle charging stations at their homes or premises.

“With our separate Electric Vehicle Rebate program already offering $2,000 to individuals on the purchase of eligible battery electric vehicles, now we have both the car and charger covered,” headed.

“These incentives will help us get more cars off the road and reduce the number of trips we make using fossil fuels.”