Can the Green Loan be used in conjunction with other Government rebates?
Yes. Eligibility for the loan subsidy is not affected by other available subsidies and incentives for the same items or actions.

What is the extent of Renewable Energy Certificates (RECs) available from the implementation of eligible actions under the Home Sustainability Assessments?
Normal REC arrangements apply through existing schemes. The Green Loans Program does not affect REC eligibility; nor will the Program be involved in the allocation of RECs.

What is the income threshold for Green Loan eligibility?
The Green Loans Program has a target upper threshold of $250,000 annual income for the applicant. Suitable evidence of an applicant's taxable income may be requested and may include the most recent Notice of Assessment produced by the Australian Taxation Office.

Who pays for the assessment?
The Home Sustainability Assessment has a nominal value of $250 but is free to the Household as it is fully subsidised by the Australian Government. No fee should be paid by the Household to the Assessor for a Home Sustainability Assessment.

Why is the assessment free?
The Australian Government is subsidising the cost of the Home Sustainability Assessments because it recognises that charging a fee immediately restricts the uptake of the service and introduces issues of equity. Those in most need of support to reduce their operational energy and water costs are those least likely to have discretional income available to contribute to the cost of the Home Sustainability Assessment service.

Are renters eligible for the Green Loans Program?
Yes, providing they are listed on the current lease. Of course, you must adhere to the requirements of your lease in making any changes to the property.

Are new homes eligible?
The Green Loans Program is aimed at increasing the efficiency of existing homes. The dwelling being assessed must have been completed and occupied for at least 12 months (not necessarily by the applicant). Suitable proof may include a certificate of occupancy or similar issued by a local or state government agency.Other policies exist to address the energy and water performance of new homes. These policies include regulations such as BASIX in New South Wales, and minimum performance standards incorporated in the Building Code of Australia in all other states and territories

Which financial institutions are offering the loan?
We have had a healthy response from credit unions and banks and many institutions have become partners. List of participating financial institutions.

How long is my Assessment Report valid for?
Home assessments reports are valid for six months from the date they are submitted for the purpose of applying for interest-free Green Loans. However, in recognition of the delays in some householders receiving their reports, we have extended the time that reports remain valid. Assessment reports submitted up to 30 November 2009 will now be valid until 30 June 2010.