The ACT Government is opening applications for Canberrans to access zero interest loans for the purchase of zero-emission vehicles.
The option will be added to the ACT Government’s Sustainable Household Scheme.
The expansion will start with a small number of electric vehicle suppliers participating in the scheme and more suppliers will be added over time.
“Our goal is to support more Canberra households to share in the benefits of a net zero emissions future, while at the same time creating and protecting good local jobs,” said Minister for Climate Action, Andrew Barr.
“So far, the scheme has been a great success and we look forward to seeing more Canberrans support the Government’s efforts to reduce emissions without leaving people behind.”
He said a range of new and used electric vehicle dealerships were already signed up as participants.
Through phase one of the scheme, more than 2000 households have already applied to have sustainable upgrades installed in their homes with around $20 million in loan applications received so far.
“Transport is the largest contributor of greenhouse gas emissions in the ACT. The addition of zero emissions vehicles to the Sustainable Household Scheme is another great incentive to support Canberrans to switch to electric vehicles,” said Minister for Emissions Reduction, Shane Rattenbury.
“Many Canberrans want to take action on climate change, and these no interest loans for zero emissions vehicles will help people to do this.
“With two years free registration and zero stamp duty on emission free vehicles already in place in the ACT, this initiative makes it even easier for Canberran households to reduce their emissions and take that next step. I look forward to seeing more zero emissions vehicles on the roads as we work towards net zero by 2045.”
The Scheme has also provided a welcomed boost to the local industry with more than 80% of work generated going to ACT and region suppliers.Â
“Between home energy and personal vehicles, households generate 33.5% of our domestic emissions,” said Brighte Chief Executive Officer, Katherine McConnell.
“The future is electric and EVs are at a tipping point of affordability – programs like the Sustainable Household Scheme make this transition more. I have no doubt the ACT will become a territory of zero-emission vehicles and lead the way for other states to follow suit.
The guidelines and more information about the scheme including how to apply for a loan, are available on the Everyday Climate Choices website.
