Help & support
Welcome to the CommBank home energy upgrades page, your one-stop shop for energy-efficient solutions. Whether you want to save money on your everyday bills or reduce household emissions, we've got you covered with ideas, equipment purchases, and financing options.
We’re offering interest-free financing when you consider installing energy-efficient products from our preferred provider.
OFFER
Up to $1,300 off a Tesla Powerwall 3
We’ve teamed up with Wattle Powr to help you self-power your home sooner. If eligible, you can also take advantage of additional state-based incentives to help with the upfront costs of battery installation. Make the switch today with InstalPay, our interest-free instalment plan for renewable energy products.1
Quick and easy digital quote
Thanks to the combined forces of Wattle Powr and CommBank InstalPay, it’s quicker and easier to go solar and capture any excess energy with a home battery system.
Benefits:
Spread the cost of your purchase over time and pay no interest and no annual or monthly fees with InstalPay.
Complete your personal loan or InstalPay application online and you’ll get a response within minutes.
With CommBank’s financing, you can easily manage all upfront expenses for your solar, battery, or EV charger purchase.
Did you know CBA customers enjoy exclusive discounts on Amber energy plans?
Amber is a new type of energy retailer, combining wholesale energy rates with battery automation technology. Through Amber SmartShift you can buy low and sell high, charging up when grid prices drop, and selling high during evening peaks at feed-in tariffs that can reach $19/kWh.6
Home electrification offers several benefits, it may reduce energy costs, decrease your home’s carbon footprint, and improve your home’s comfort.
CommBank is working with Brighte and Wattle Powr to provide customers with a wide range of energy-efficient products and services. By leveraging their extensive networks of accredited vendors and installers, we can ensure that customers have access to trusted professionals and expert advice throughout their home electrification journey.
For issues related to your solar panels, home batteries or EV chargers, please talk with the relevant vendor or company you are engaged with.
Wattle Powr is a New Energy Tech Approved Seller (NETCC) and a Clean Energy Council (CEC) approved installer. Brighte’s vendor and installer network must be a NETCC Approved Retailer and must be a CEC Accredited Installer.
It’s your responsibility to ensure that you’re satisfied with the quality of your eligible energy-efficient purchases. If you detect substandard workmanship or materials, or have any disputes with your retailer and/or installer, you should speak with them as soon as possible. Depending on the severity of the matter, you may also need to inform your solicitor.
This guide doesn’t consider your individual objectives, financial situation or needs. Before basing any decisions on this information, please consider:
The Commonwealth Bank is not authorised and does not make any assertions about reduced consumption from non-renewable energy sources through energy-efficient purchases and installations. You should seek advice and further information from relevant certified industry professionals.
To find out more details about the award CommBank has received from Canstar, please go to https://www.canstar.com.au.
Offers
1 Offer only available on Tesla Powerwall 3. To qualify, battery must be purchased with Wattle Powr between 12/11/2024 and 31/03/2025. All quotes will expire within 30 days of issue. Wattle Powr only operates in NSW, ACT, VIC, metropolitan Perth and Adelaide, and South East QLD. Discount will be honoured if installation date is after offer end date. Discount will apply at Wattle Powr's checkout online. Tesla Powerwall Warranty (Australia and New Zealand) applies and is available here.
2 Offer available for a limited time. Customers with an eligible CommBank home loan or investment loan (excluding the Viridian Line of Credit limits and the Equity Unlock for Seniors loan), who apply and have an Unsecured Fixed Rate Loan for eligible energy-efficient purchases (excluding EV and Hybrid cars) funded between 05 November 2024 and 30 May 2025 will receive an interest rate of 3.99% p.a. (comparison rate 3.99% p.a.), save $250 on the establishment fee, save $15 a month on the loan service fee and have their Early Repayment Adjustment fee waived (comparison rate calculations are inclusive of this offer).
~ Offer available for a limited time. Apply and fund an Unsecured Fixed Rate or Unsecured Variable Rate Personal Loan between 5 November 2024 and 25 February 2025 to save $250 on the establishment fee (comparison rate calculations are inclusive of this offer).
We reserve the right to close or vary this offer at any time.
Unsecured Personal Loan
Unsecured Fixed Rate Personal Loan interest rate ranges (with energy-efficient discount applied) are set out below. Comparison rates and examples are based on a $30,000 unsecured fixed rate loan over 5 years:
Unsecured Variable Rate Personal Loan interest rate ranges (with energy-efficient discount applied) are set out below. Comparison rates and examples are based on a $30,000 unsecured variable rate loan over 5 years:
3 Interest rates at the lower end of our range, for example 7.00%/7.50% p.a. (comparison rate 8.05%/8.54% p.a.), may be offered to low risk customers with an excellent credit history.
4 Comparison rates are calculated based on an unsecured loan of $30,000, over a term of five years. WARNING: Comparison rate is true only for examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
5Additional repayments made on a fixed rate and secured personal loan are not available to be redrawn. An early repayment adjustment is charged if loan is fully repaid with 12 or more months remaining on loan term, and we reasonably estimate we will incur a loss or administrative cost. View the Personal Loan Terms and Conditions.
An excellent credit history is determined by, among other things, paying your bills and making loan repayments on or ahead of time, being disciplined with your credit applications, and not overextending yourself financially.
Actions which can negatively impact your credit history include missing bill or loan repayments, defaulting on your credit facility, or making a large number of credit applications in a short period of time. You can find out more about how your credit score is calculated and tips for improving your credit score at our Credit Score Information Hub.
Loan applications are subject to credit approval and any loan offer includes full terms and conditions. Fees and charges apply. All examples and scenarios are illustrative only.
InstalPay
InstalPay is only available online. You’ll receive your documents digitally, including Contract Schedule and InstalPay Terms and Conditions and all communications in relation to the product will be delivered via Email, NetBank or the CommBank app.
Applications are subject to the Bank’s lending criteria and credit approval. View the InstalPay Terms and Conditions. Full terms and conditions will be included in our loan offer. Fees and charges may apply.
Amber Electric
CommBank has an ownership interest in Amber. Amber and CommBank have entered into a strategic relationship agreement. You should read Amber’s Terms and Conditions, and Privacy Statement before making any decision about their service.
6$19/kWh (inc. GST) is the maximum spot price cap which Amber provides to its customers throughout most of Australia via the wholesale market, and $21/kWh in SA (inc. GST)
The target market for these products will be found within the product’s Target Market Determination, available here.
Commonwealth Bank of Australia ABN 48 123 123 124, AFSL & Australian credit licence number 234945.
