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The Canberra Times
The Canberra Times
Jasper Lindell

Rush on ACT's interest-free solar loans before rule change

Eligibility rules for an interest-free loan scheme have changed after a rush on finance for solar panels. Picture by Dion Georgopoulos

Canberra households rushed to get their applications in for 10-year interest-free government-backed loans for rooftop solar systems this week, before the eligibility was tightened.

Up to $14 million in loans was expected to be approved in the ACT government's sustainable household scheme in the past week, about eight times the usual weekly amount approved.

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