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Clean Energy Home Loan

A clean loan for your green home

Buildings account for 23% of Australia’s total emissions and about half of that is from homes. Making homes clean and green is essential to addressing the climate crisis.

The Clean Energy Home Loan is probably for you if you're looking to do things like add solar panels, window glazing and insulation to your home, or even buy or build a planet-friendly, energy efficient home.

The Clean Energy Home Loan is about rewarding people who do the right thing for our planet. Eligible customers can receive a reduced variable home loan rate for 5 years, or fixed rate for 3 years with a Clean Energy Home Loan.

Choose your loan

There are three different ways you can access our Clean Energy Home Loan and receive a reduced interest rate, depending on what you're doing with your future green home.

The first two are Eco and Eco Upgrade options, and the third option is Eco Plus which gives approved customers a further reduced rate depending on your type of home and eligibility.

Explore our 3 options below to see our rates and what's involved when demonstrating your home's clean energy credentials.

We’re planning a change to the Clean Energy Home Loan qualifying criteria.

From late 2024, homes will need to be all-electric to qualify and newer homes will need to achieve a 7.5+ star NatHERS rating and have an eligible solar system.
This is because our Clean Energy Home Loan is about rewarding homes with a higher than minimum standard of energy efficient features. The National Construction Code has changed to require newly built homes to have a minimum 7 star NatHERS rating, so our Clean Energy Home Loan will be changing to reward newer all-electric homes with an eligible solar system and built at least 0.5 stars above the minimum standard.

Clean Energy Home Loans


For new energy efficient homes
Variable rate
Comparison rate*


For newer homes that achieve a 7+ star NatHERS rating.

Eco Upgrade

For existing homes with upgrades
Variable rate
Comparison rate*


For existing homes that
have made ambitious green
upgrades in the last 12 months.

Eco Plus

For ambitious homes
Variable rate
Comparison rate*


For new builds that achieve 7.5+ star NatHERS rating plus solar panels; or Green Star Homes certification.

Calculate your borrowing power

Understand what you may be able to borrow with a Clean Energy Home Loan.

Customer story

How Annabelle and Alex used their Clean Energy Home Loan to go net zero

"It’s a cool feeling to be powered by the sun. This isn't some fancy, multi million dollar home, either. It's just a normal lovely house. Anyone can do this, and Bank Australia basically pays you for it!”

Learn more
Above: Annabelle and Alex, Bank Australia Clean Energy Home Loan customers

More than a bank

Sure, Bank Australia has a user-friendly app, internet banking, and all the other things you’d expect of a customer-focused bank. But we’ve got so much more, too.

We’re 100% customer-owned, which means you have voting rights. We don’t pay our execs bonuses, which means more funds are used to support people and the planet. And we’ll never use your money (or anyone’s, for that matter) to fund harmful industries like fossil fuels, live animal exports or nuclear weapons.

Why us
Person standing over a river on a fallen tree trunk, looking up into the trees
"Easy to use app - has everything I need to do my banking. Love PayID, account alerts, estatements, card controls and the spending analysis"

App Store review by jfensta

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Need support with banking?
Head to our help section for more information.


In support of people and the planet

Customer owned, you have voting rights

Purpose-driven banking

Renewable electricity
powers all offices and branches

Bank Australia employees based in Australia

Certified carbon neutral bank since 2018

Yes, we did start out as the CSIRO Co-operative Credit Society in 1957

Related topics

Things you need to know


  • Any information and advice does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you and seek any third party advice you need.
  • Before deciding to apply, we provide and recommend you read our Financial Services Guide.
  • All applications are subject to a credit assessment and approval. Terms and conditions apply. All applicable terms and conditions will be included in our loan offer.
  • Additional fees and charges may be payable – all relevant details will be included in our loan offer.
  • Information and interest rates are current as at the date of publication and are subject to change at any time, at the discretion of Bank Australia Limited.
  • This document does not constitute a contract for finance.
  • * Comparison Rate: The Comparison Rate is based on a loan of $150,000 for 25 years. Fees and charges may be applicable.
    IMPORTANT: The Comparison Rate applies only to the example given. Different amounts and terms will result in different Comparison Rates. Costs such as redraw fees, early repayment fees, and cost savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan.
  • Terms and conditions, fees and charges apply. Loans subject to normal lending criteria and approval.
  • Rates apply to new applications received from 10 May 2024 however are subject to change at anytime.


  1. The Clean Energy Home Loan Package variable interest rate is for Owner Occupiers making Principal and Interest repayments with a Loan to Value (LVR) ratio of less than or equal to 90%.
  2. When you qualify for a Bank Australia Clean Energy Home Loan you receive a reduced interest rate at the time that is only applicable to the Clean Energy Home Loan Package and not applicable to other Bank Australia home loan products.
  3. For variable rate loans, a reduced variable rate applies for 60 months from the date the loan is settled. For fixed rate loans, the reduced rate applies for the length of the 3 year fixed rate period. In either case, the rate payable on the loan will then revert to the lowest advertised variable Premium Home Loan Package rate at that time.
  4. Minimum new borrowings of $10,000 for an Owner Occupied Home Loan.
  5. Available to new borrowers who submit their loan application on or after 10 May 2024;
  6. For construction loans, Bank Australia protects an equivalent amount of land on the Bank Australia Conservation Reserve as is being constructed to help offset the environmental impact of land clearing. Homes constructed on large lots of land such as hobby farms will be offset according to the amount of land occupied by the dwelling.
  7. The Annual package fee of $350 is payable in advance and is non-refundable. The fee is debited to the loan balance on funding, and then annually on the anniversary date of funding. Package benefits cease to apply once the loan is repaid in full. Other fees and charges may be payable. Refer to the Lending and Credit Card fees, charges and transaction limits available from or by calling 132 888 for more details.
  8. Repayment Pause. Loans must be established for a full 12 months and a maximum Loan to Value Ratio of 90% (Family-Pause) or 90% (Eco-Pause) applies. Pausing repayments will result in interest continuing to accrue on the loan, potentially increasing the term of your loan. Full conditions available from Bank Australia.
  9. Redraw is not available during the interest only period of the loan and the amount available for redraw is governed by the terms set out in your Loan Offer.
  10. Fixed Rate Loans. If a Fixed Rate is selected, then that rate may vary from the date of application anytime up until the date of funding, unless a rate lock agreement applies. Redraw is not available on fixed rate loans. Additional repayments are capped at $30,000 for the term of the fixed rate loan, and cannot be redrawn. Repayments in excess of the cap may be subject to a Break Fee. A limit of one mortgage offset account applies to Fixed Rate Loans. Mortgage Offset is capped at $20,000 and one account can be linked to one Fixed Rate Loan only.
  11. Insurance. This insurance is issued by Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL234708. Bank Australia ABN 21 087 651 607 AFS Licence No. 238431321 acts as an agent of Allianz and not as your agent. Before making a decision about this insurance, please refer to the relevant Product Disclosure Statement available on 132888 or visit Up to 10% discount applies to Building, Contents and Comprehensive Motor Insurance, and/or standalone building insurance, when you sign up for this home loan package. Minimum premiums apply. Any discounts/entitlements only apply to the extent that any minimum premium is not reached. If you are eligible for more than one, we also apply each of them in a predetermined order to the premium (excluding applicable taxes and government charges) as reduced by any prior applied discounts / entitlements. Discounts may not be applied to the premium for optional covers.