2 Handy Hints on Going Green and How to Pay for it

Do you want to be more like Leonardo DiCaprio? Swimsuit models and Oscars are not guaranteed, but living a more environmentally friendly lifestyle is.

Being environmentally conscious is now critically important when increasing the resale value of a home or buying a new car. You needn’t shy away from installing solar panels on your roof or purchasing a new electric vehicle – with a Green Loan from Police Bank, you can make these dreams a quick reality. The sun is the planet’s natural source of energy. Why not allow it to power your life?

Here are two ways you can go green with your green.

1) Increase the value of your home with solar panels

According to a consumer study for Origin Energy conducted by Realestate.com.au, 85 per cent of Australians would pay more for a house that has solar panels. Of course, there are a number of factors to consider when evaluating the selling price of your home, but going solar has a proven record of increasing the value. If you decide to rent your home, 75 per cent of renters, from the same study, say they would pay more for an environmentally friendly house.

But solar panels are not just a trend in Australia. The US Department of Energy along with Berkeley Lab Illuminates released a study on whether home buyers in California are willing to pay more for a house with solar panels. The answer was a resounding “YES”. It is now a global phenomenon and there is no better time to keep up with the rest of the world.

2) Cruising down the freeway in your hot, hot (electric) car

Owning an electric vehicle in New South Wales has never been easier. For instance, if you purchase the new Tesla Model X 60D – an all-wheel drive sedan with a top speed of 210 kph and max range of 350 kilometres – you can easily cruise around the state utilising Tesla’s six local charging stations (which are, in fact, the fastest in the world). Even better, Tesla’s stations are free to use, meaning you won’t just be saving the environment, you’ll be saving money, too.

A handy tool to use when going green is the Green Vehicle Guide. It will lead you in the right direction for your personal preferences in choosing the right electronic car.

Check out the Green Loan option at Police Bank and start living in the green.