Farms, businesses and the environment to benefit from affordable eco-loans

Farmers, freight companies, and other small and medium enterprises (SME) will soon benefit from more affordable financing options for sustainable energy solutions.

The Australian Government has allocated $50 million to support discounted loans through the Clean Energy Finance Corporation (CEFC).

This initiative aims to generate $250 million in discounted finance for:

  • electric vehicles
  • rooftop solar
  • batteries.

The discounted finance will extend to more energy-efficient machinery and equipment for farms and buildings, including:

  • tractors
  • harvesters
  • earthmovers
  • cranes. 

Non-bank lender Metro is providing the funding. It means eligible customers financing a $60,000 electric vehicle could save approximately $1,700 in interest over 5 years.

The discounted loans will help lower energy bills and financing costs across the SME and agricultural sectors.

To find out more, visit the MetroEco Hub.

energy.gov.au is a Department of Climate Change, Energy, the Environment and Water website.

Acknowledgement of Country

We acknowledge the Traditional Owners of Country throughout Australia and recognise their continuing connection to land, waters and culture. We pay our respects to their Elders past and present.

© Commonwealth of Australia 2026