Home battery finance, from 5.99% p.a. fixed
Borrow up to $50,000 to add storage to your home — on its own or bundled with new solar. Fixed repayments, $0 establishment fee, and a soft rate check that leaves your credit file untouched.
Estimate my battery repaymentWhat a battery loan can cover
- The battery unit and hybrid or battery inverter
- Backup circuits and a gateway for blackout protection
- Switchboard upgrades and electrical works
- New rooftop solar installed at the same time
- An EV charger added to the same package
Battery size and what it typically means for repayments
| Typical setup | Amount financed | ~ Monthly, 7 yrs |
|---|---|---|
| Small battery added to existing solar | $8,000 | $117 |
| Mid-size battery (around 10 kWh) | $13,000 | $190 |
| Battery with backup circuits | $18,000 | $263 |
| Solar and battery package | $28,000 | $409 |
Indicative only, calculated at 5.99% p.a. fixed over 7 years with no fees. Your quote, rebate eligibility and personalised rate will change these figures.
Claim your rebate, then finance the balance
Battery incentives change often and vary by state. Your installer applies eligible discounts to the quote, and you only borrow what remains. Start with our solar and battery rebate guide, then come back and size the loan.
Home battery finance FAQs
Can I finance a home battery on its own?
+
Yes. You can finance storage added to an existing rooftop solar system, or a solar-and-battery package together under one loan with a single rate and repayment.
How much does a home battery cost to finance?
+
Typical Australian home batteries land between roughly $8,000 and $20,000 installed depending on capacity and whether you need backup circuits. Federal and state incentives are applied to your installer quote first, and you finance the remaining balance.
What loan term suits a battery?
+
Most households choose five to ten years. A longer term lowers the monthly repayment but costs more interest overall — the calculator on this page shows the trade-off instantly.
Do I need to own my home?
+
You generally need to be the owner-occupier or landlord of the property where the battery is installed. We can confirm each lender's position before you apply.
Will a battery loan repayment be covered by bill savings?
+
That depends on your tariff, solar export rate and evening usage. Batteries shift daytime solar into peak-price evening hours, and some retailers pay for grid services from your battery. Ask your installer for a modelled saving and compare it to the repayment shown here before committing.