Highlights

• CommBank Tomorrow+ offers discounts on solar panels, home batteries, and electric vehicle loans.
• Solar customers logged about 28% lower median electricity bills, says an ACCC report.
• Digital tools help households and businesses make energy-efficient choices.

CommBank has introduced CommBank Tomorrow+, a programme that aims to help customers make more sustainable choices at home and reduce energy expenses.

The programme aligns with Australia’s net-zero emissions goals and offers practical options for home energy upgrades and lower-emissions vehicles.

Feedback from customers shows an increasing shift towards energy-efficient products and their potential to reduce electricity bills. The launch of the Government’s Cheaper Home Batteries Programme and CommBank’s Brighte Marketplace has increased inquiries about these offers.

Read More: What is ESG Banking? All You Need to Know

People want to understand the financial benefits and environmental impact of switching to solar panels, home batteries, and electric vehicles.

Recent findings from the Australian Competition & Consumer Commission (ACCC) indicate that customers using solar energy consistently have lower electricity bills compared to non-solar users.

During the 2023–24 financial year, solar users recorded about 28% lower median bills. Although payments for selling solar power back to the grid are falling, households benefit by consuming the electricity they generate instead of buying energy at higher retail rates.

Through CommBank Tomorrow+, eligible customers may access discounted rates for solar panels, batteries, and electric vehicle loans.

It also provides digital tools in the CommBank app to guide households and businesses toward more sustainable choices.

Also Read: Banks Risk ‘Zombie’ Net Zero Targets as NZBA Stalls

Alex Matthews, CommBank Executive General Manager for Environmental and Social, said the offers make it easier for customers to save on energy and reduce emissions over time.

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Source: CommBank