Clean Energy Finance Corp. (CEFC) has delivered more than 10,000 home energy upgrades through the federal government’s $1 billion (USD 717 million) Household Energy Upgrades Fund, with Queensland and New South Wales leading uptake.
Image: Shanjir H/Unsplash
Loan volumes through the fund nearly doubled in the final quarter of 2025, Assistant Minister for Climate Change and Energy Josh Wilson said, as households increasingly bundled rooftop solar, batteries, and inverters to maximise savings.
The Household Energy Upgrades Fund (HEUF) provides discounted finance for a range of clean energy technologies including rooftop solar, batteries, heat pumps, EV chargers, energy efficient appliances, and double-glazing.
Since launching in May 2024, CEFC has committed more than $400 million in discounted finance, backed by seven co-financiers and leveraging an additional $400 million in private investment. Co-financiers include Brighte, Plenti, Plico, Commonwealth Bank, Westpac, ING, and Bank Australia.
Queensland and NSW account for around 2,600 households between them. Uptake tripled following the launch on 1 July, 2025, of the government’s Cheaper Home Batteries Program (CHBP), which allows households to combine savings on rooftop solar, batteries, and inverters.
The Clean Energy Regulator reported more than 193,000 validated battery installations under the CHBP in the program’s first six months, adding 4.6 GWh of capacity – more than the combined capacity of the 12 largest large-scale batteries in the National Electricity Market. The regulator projects between 350,000 and 520,000 battery installations in 2026, delivering 8 to 12 GWh of additional capacity.
Under the Small-scale Renewable Energy Scheme, approximately 270,000 small-scale solar systems were installed in 2025, delivering around 2.8 GW of rooftop solar capacity. The regulator expects 3.0 to 3.7 GW of small-scale solar in 2026, supported by the CHBP driving demand for new and upgraded solar-plus-storage systems.
Treasury analysis found that electrification combined with the purchase of solar, batteries, and an electric vehicle can reduce typical household energy costs by around $4,300 per year.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
More articles from Brian Publicover
Please be mindful of our community standards.
Your email address will not be published. Required fields are marked *
Comment *
Name *
Email *
Website
Save my name, email, and website in this browser for the next time I comment.


Δ
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.
By subscribing to our newsletter you’ll be eligible for a 10% discount on magazine subscriptions!
Δ
Legal Notice Terms and Conditions Privacy Policy © pv magazine 2026
pv magazine Australia offers bi-weekly updates of the latest photovoltaics news.
We also offer comprehensive global coverage of the most important solar markets worldwide. Select one or more editions for targeted, up to date information delivered straight to your inbox.
Δ
This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy. ×
The cookie settings on this website are set to “allow cookies” to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click “Accept” below then you are consenting to this.
Close

source