General
ACT Budget to offer free registration for electric cars and deliver promised loans scheme
Free registration for electric cars and interest-free loans of up to $15,000 will be funded in next month’s ACT Budget, with the goal of pushing Canberra towards a carbon-neutral future.
Key points:
- A $150 million loans scheme will offer finance for electric cars, solar panels and other purchases
- Some of the changes were ACT election commitments, while others were inked in the governing agreement between Labor and the Greens
- The new measures will be outlined in next month’s ACT Budget
Under the plan, $150 million will be put towards loans for Canberrans wanting to reduce their carbon footprint by installing solar panels, purchasing battery storage, buying an electric vehicle or upgrading to efficient appliances.
The loan scheme will offer up…
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