It’s odd to think that a rewards card and an energy retailer would come together with the goal of helping Aussies save on their energy bill, but NAB’s latest rewards program with Origin is doing just that.
From today, NAB customers can use their rewards points for the installation of residential solar panels, with the option of redeeming 48,080 points to receive a $250 Origin e-voucher to put towards the cost of installing the panels.
It doesn’t stop there, however, with Origin are also offering customers an additional, one off $500 discount.
The new program comes in response to the growing number of homeowners interested in alternative energy options.
“This offer not only helps to reduce the cost of installing solar panels, but also has flow-on savings for a customer’s energy bills and the environment,” said NAB Executive General Manager of Consumer Lending, Angus Gilfillan.
And if you’re a first home buyer armed with a deposit, you’ll be able to score 350,000 NAB Rewards points by taking out an eligible NAB Home Loan and Banking Bundle - equating to a further $2,250 worth of value to go towards the solar system for their home.
“We know that cost is a significant factor for consumers when making a purchase, so we hope this initiative makes it easier and more affordable for Australians to make the switch to solar,” said Gilfillan.
Mozo recently reported on the rising number of Aussies using renewable energy, with the 15,225 panels installed in August alone cutting an estimated $180 million off energy bills across the country. But according to Mozo Director, Kirsty Lamont, Aussies can still snag a great deal on their energy plan by switching providers.
“For those who can afford the setup and installation costs, solar is a great way to trim your energy bill. But you can also make great savings by switching to a more competitive, better value plan in your state,” she said.