A $25 million injection to help low income Australians purchase energy saving household appliances

A new $20.6 million subsidy scheme will put the purchase of energy saving household appliances within reach of low income Australians across the nation.

Minister for Community Services Julie Collins launched the scheme at an event in Hobart today and also announced a $4.5 million funding injection to extend the No Interest Loan Scheme for an additional year to June 2015.

Eligible Australians will be able to access subsidies under the Home Energy Saver Scheme (HESS) and No Interest Loans Scheme for the purchase of energy efficient household appliances with a minimum star rating.

“The Gillard Government is investing in this national initiative to ensure that Australians facing financial hardship are in a position to buy energy efficient household appliances including refrigerators, freezers, washing machines, clothes dryers and hot water systems,” Ms Collins said.

“We know that running energy saving appliances will help reduce household bills over time and will make a significant difference to the cost of living pressures faced by many Australians.”

“A low income family could receive up to $800 off the upfront cost of a 3.5 star fridge and a no interest loan for the remaining amount of the purchase – subsidies are also available to help cover the cost of delivery and installation,” Ms Collins said.

“This funding boost from the Gillard Government builds on our ongoing investment in the No Interest Loans Scheme and is important part of our $50 million investment in HESS.

“The No Interest Loans Scheme is a successful partnership between Good Shepherd Microfinance, the Gillard Government and National Australia Bank — it highlights the benefits of working together to deliver financial support to vulnerable Australians.”

For more information on the subsidy scheme visit www.fahcsia.gov.au/hess or contact the national HESS Helpline on 1800 007 001.