Brighte, an Australian FinTech specialising in household energy financing, has secured up to $40m from the Clean Energy Finance Corporation (CEFC) under the Federal Government’s Household Energy Upgrades Fund (HEUF).
The funding will support the rollout of up to $150m in consumer energy resources (CER) nationwide.
The CEFC’s investment will allow Brighte to offer discounted green loans to eligible households for energy upgrades such as solar panels, batteries, energy-efficient heating and cooling systems, and electric vehicle (EV) chargers. These improvements are designed to lower energy bills, enhance home comfort, and help meet the country’s net zero targets.
Brighte operates one of Australia’s largest finance and CER platforms, linking households with energy retailers and installers. Its platform makes clean energy solutions more accessible by providing tailored finance options for energy-efficient home improvements.
The new funding will be used to launch Brighte’s discounted green loan product, offering an introductory promotional rate of 6.99% with repayment terms between 2 and 10 years. Loan amounts will range from $2,000 to $55,000, and customers will benefit from flexible repayment options, including lump sum payments.
Brighte CEO Katherine McConnell said: “This is a defining milestone for Brighte. With CEFC support under the HEUF, we’re helping more Australian families cut their energy bills, improve comfort, and play a central role in shaping Australia’s clean energy future.”
McConnell added: “Our vendor partners are at the frontline of Australia’s energy transition. With CEFC backing under the HEUF, Brighte can give them the certainty and support they need to grow their businesses, reach more customers, and deliver the clean energy solutions that households are demanding.”
CEFC head of consumer finance Grace Tam said: “We are pleased to work with Brighte in supporting the continued rollout of the HEUF program. Brighte’s extensive reach and expertise in delivering home energy finance solutions put them in a strong position to help more Australian households access energy upgrades, which is a valuable step forward in Australia’s energy transition.”
Brighte has already supported major energy initiatives across the country, including partnerships with the ACT and Tasmanian governments to advance their net zero targets and collaboration with Commonwealth Bank on CEFC-backed household energy loans. To date, the firm has delivered over $2bn in sustainable finance to more than 200,000 households, resulting in an estimated $600m in savings on energy bills.
Momentum for household energy adoption continues to build, with more than 100,000 home batteries installed nationally in the first four months of the Federal Government’s Cheaper Home Batteries Program. Brighte’s expanding network positions it as a vital bridge between national climate ambitions and real-world energy outcomes.
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