Summary of proposal
Party
Australian Greens
Policy Topic
Energy
Portfolio
Environment and Energy
This proposal would provide an additional $10 billion evenly over five years from 1 July 2021 for the Clean Energy Finance Corporation (CEFC). As part of this expansion, the CEFC would be directed to provide concessional loans to small businesses until 2023-24, to assist with the installation of battery storage. These loans would be up to $15,000 per business in 2021-22, tapering down to $9,300 in 2023-24, and would be repayable over a 10-year period.