Division_5_September_2024

2 Queensland homeowners and renters now have an unprecedented opportunity to secure their energy future with SunEnergy’s innovative SunZero solar and battery program. Thanks to an $10 million fund, SunEnergy is offering up to 600 households a fully maintained solar and battery systems at no cost, with most participants expected to save between $5,000 and $10,000 over a 10-year period. In some cases, savings could exceed $15,000—all without any upfront costs or financing. Why Queenslanders Should Act Now The SunZero Program, now expanding into Queensland following its successful pilot in South Australia, allows participants to harness the state’s abundant sunshine. With Queensland’s superior solar potential, households can not only reduce their energy bills but also potentially earn higher rebates by selling excess energy back to the grid. As we approach the 2030 Net Zero in Government Operations Strategy, which aims for net-zero government operations by 2030, the demand for energy-efficient solutions is more critical than ever. The growing adoption of electric vehicles is adding strain to the electrical grid, particularly at night when solar power is not available. SunEnergy’s program offers a solution, enabling households to safeguard themselves against rising energy costs and contribute to a more resilient grid. A True WIN-WIN-WIN Situation Ernest Brindley, Queensland’s SunEnergy Agent, expressed his enthusiasm for the program: "This is a true WIN-WIN-WIN situation. The household gets a Solar and Battery system installed for free and enjoys cheaper electricity costs, the retailers can utilise the energy stored in batteries to support the grid during times of high demand, and thirdly, we’re paid to help households reduce some of their cost of living. I'm really excited to be a part of a program that not only helps reduce emissions, but I'm extremely proud to be part of something where we can reduce the cost of living for households that may not have been able to afford a solar and battery solution otherwise." Local Impact and Benefits For Queenslanders, the financial benefits are substantial. The savings for households are significant, allowing families to redirect these funds to other important expenses such as mortgages, car payments, or even just groceries. Additionally, by locking in energy savings for the next 10 years, participants can protect families from the uncertainty of rising energy costs. Another great thing about the SunZero program is that, unlike traditional solar purchases which require a significant upfront investment—a cost that landlords or tenants are typically unwilling to bear—this program costs nothing upfront. As a result, landlords experience an instant increase in the value of their investment, while tenants can enjoy the benefit of reduced electricity costs. Queensland Homes to Benefit from $10 Million Fund to install 600 Solar and Battery Systems at no cost! continued > Buying your first home is one of the most exciting times in your life, but it can also be a little overwhelming. We’re here to help you throughout the home buying journey, from finding out how much you can borrow, to applying for your first home loan and getting into your first property. You want your first home to be a place you not only love, but one that is a great investment for your future. While it might seem like you can’t go wrong with rates at such a low level, there’s still a host of other factors to consider before you sign on the dotted line. Work out your budget. Every home buying journey begins with a clear budget in mind. Let us assist with these common questions. • How much can I borrow and afford? • Should I get a conditional approval? • How much deposit do I need? • What are the other costs to buying a home? Step 1. Search for your first home. It’s time to hit the pavement and attend property inspections. It’s important to do your research on house prices while hunting for that perfect property. The BOQ Property App (powered by RP Data) will provide you with useful information on the last sale price, estimated price range and other sales in the area. Download for free at the App store or Google Play, or pop in branch for a detailed property report. Step 2. Choose your first home loan. Choosing the right first home loan is just as important as finding the right first home for you. Whether you have a clear idea on the home loan you want or you would like to speak to an expert on your options, we will help you find the right home loan for your individual circumstance. Step 3. Purchase your first home. Once you’ve found your first home and have reached an agreement with the seller, the settlement process begins. We can talk you through the likely next steps to prepare for settlement, which will include the following: • Contact a solicitor or conveyancer to review your contract of sale. • Return your signed contract of sale to the seller. • Organise a building and pest inspection • Ensure you have enough funds to cover the property settlement and solicitors fees. If you’re interested in learning more about the mortgage process and calculating how much you can borrow, contact us BOQ Nerang Mall today.... see advert back cover Guide to buying your first home.

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