What Is the CommBank Home Energy Loan?
The Home Energy Loan is a fixed rate personal loan available to existing CommBank home loan customers. It’s designed to support clean energy finance for homes and applies to a wide range of energy-efficient home upgrades.
Key features:
- Fixed interest rate: 3.99% p.a.
- Loan size: $4,000 to $50,000
- Term: 1 to 7 years
- $0 establishment fee and $0 monthly service fees
- Weekly repayments from $43 for a $10,000 loan over 5 years
The loan is separate from your mortgage, so it doesn’t increase your home loan term.
Cashback Offer: Up to $1,500 via Brighte
When you request quotes through the Brighte Marketplace and select CommBank Financing Options, you may be eligible for a cashback offer of up to $1,500:
| Customer Type | Cashback Amount |
|---|---|
| CommBank Yello Gold or Diamond | $1,500 |
| Other eligible CommBank customers | $750 |
The cashback is deposited into your CommBank account within 4 weeks of your loan being funded. This offer can be combined with federal and state energy rebates, helping reduce the cost of your home battery and installation even further.
What Can the Loan Be Used For?
The loan and cashback program can be applied to a wide range of home energy upgrades in Australia, including:
- Home battery storage systems
- Solar panels and solar + battery package deals
- Energy-efficient appliances for Australian homes
- EV home chargers and smart charging equipment
- Solar hot water systems
- Smart home energy monitoring tools
- Other sustainable home upgrades approved by Brighte and CEC
You can even bundle upgrades such as a home solar and battery system with an EV charger into a single quote.
Who Can Apply?
To apply for this exclusive offer, you must:
- Have an existing CommBank home loan
- Apply via the Brighte platform
- Choose “CommBank Financing Options”
- Select products from accredited vendors on Brighte’s marketplace
- Fund the loan through the CommBank unsecured personal loan option
This offer is part of the broader Cheaper Home Batteries Program and is supported by the Clean Energy Finance Corporation.
Benefits of the CommBank–Brighte Partnership
This offer is designed to help Australians achieve zero-emission home goals with a streamlined experience:
- Price transparency: Compare multiple vendors easily
- Wide range of options: Bundle solar, battery, and other upgrades
- Access to CEC-accredited products and vendors
- Ongoing installer and system support via Brighte’s vendor network
- Local installer access through Brighte’s national marketplace
You can also check your home energy score to prioritise upgrades and potentially qualify for even more green home improvement grants.
How to Apply
Here’s how to start your battery purchase journey:
- 1. Visit Brighte’s website and request quotes
- 2. Select CommBank Financing Options during checkout
- 3. Apply for the Home Energy Loan
- 4. Complete installation with a Brighte vendor
- 5. Receive cashback in your CommBank account (within 4 weeks)
Stacking Rebates and Cashback
The Brighte + CommBank offer can often be combined with:
- Solar battery rebates 2025 (e.g. Federal, WA, NT)
- Virtual power plant incentives 2025
- EV charger rebates (where available)
- Federal home energy incentive programs
Check your solar rebate eligibility and compare options to get the best value.
FAQs
Final Note
This blog is for informational purposes only. It does not constitute financial, tax, or legal advice. Please refer to CommBank’s official information page and consult with a licensed professional to determine if this offer suits your circumstances.
