28Watt connects homeowners with green loans from over 60 lenders to finance energy-efficient upgrades like solar panels and heat pumps. The platform offers personalized advice and access to exclusive loan rates, helping homeowners reduce energy bills and financing costs.
Funding
Funding not disclosed
Founders
Product
Problem
Homeowners seeking to improve energy efficiency face challenges in accessing suitable financing and identifying cost-effective upgrades. This often leads to higher energy bills and missed opportunities to reduce home running costs.
Solution
28Watt facilitates access to exclusive green loans from a network of over 60 lenders, specifically designed to finance energy-efficient home upgrades. The platform provides personalized advice and a fee-free service to help homeowners identify and finance upgrades such as solar panels, battery storage, and efficient heating and cooling systems. By leveraging specialized green loan products, 28Watt aims to lower both home running costs and the overall cost of financing these improvements.
Target Audience
The primary target audience includes Australian homeowners looking to finance energy-efficient home improvements, reduce their energy consumption costs, and secure more favorable loan terms for sustainability-focused upgrades.
Features
- Aggregation of green loan products from 60+ lenders, including specialized home loans and personal loans for energy-efficient upgrades.
- Personalized home energy assessment to identify cost-effective upgrades and potential savings.
- Access to exclusive green loan rates, often lower than standard market rates, for eligible energy-efficient technologies.
- Facilitation of financing for a range of upgrades including solar panels, battery storage, heat pump hot water systems, and efficient HVAC systems.
- Guidance on qualifying for lender-specific incentives, such as cashback offers and mortgage rate discounts, tied to green upgrades.
- A streamlined process to compare financing options and connect with accredited installers.
- Tools and resources to estimate potential savings on energy bills and home loan repayments.