Plenti announced as administrator of WA Govt battery scheme
Released
Released
Announcement PDF
4 June 2025
ASX RELEASE
Plenti announced as administrator and financier for
WA Residential Battery Scheme
Plenti Group Limited (Plenti) announces that it has been advised by the Western Australian
Government that it intends to appoint Plenti as administrator and financier for Western
Australia’s Residential Battery Scheme, a key initiative aimed at accelerating the adoption of
batteries across the state.
Under the scheme, eligible Western Australian households can access rebates towards the
cost of installing a solar battery system of up to $1,300 for Synergy customers and up to
$3,800 for Horizon Power customers, depending on the size of the battery. No-interest loans
for up to $10,000 will also be available to households with a combined gross annual income
of less than $210,000.
Plenti’s appointment reinforces its position as a leader in financing household electrification,
with a proven track record of delivering clean energy funding to households across Australia.
The role also aligns with Plenti’s strategy to leverage its proprietary technology platform to
partner with large organisations to deliver market-leading financing solutions for
consumers.
The scheme will see Plenti work closely with the government, energy retailers and accredited
vendors to ensure streamlined access to the rebate and finance to help participants looking
to reduce their energy bills and carbon footprint.
Commenting on the announcement of the launch of the scheme, Adam Bennett, CEO of
Plenti, said “Plenti is proud to support the Western Australian Government to deliver this
landmark battery initiative. With up to 100,000 rebates available, this is one of the most
significant programs of its kind, and we’re excited to facilitate its impact.”
“With our proven track record of running government funding programs that help Australian
households decarbonise, we’re confident in our ability to support the successful rollout of
this scheme and play our part in accelerating Australia’s transition to a smarter, more
resilient energy system”.
Further information
More information is available on the WA Residential Battery Scheme website:
www.wa.gov.au/organisation/energy-policy-wa/wa-residential-battery-scheme
For more information please contact:
Adam Bennett
Chief Executive Officer
shareholders@plenti.com.au
Plenti
Ben Milsom
Chief Commercial Officer
shareholders@plenti.com.au
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About Plenti
Plenti is a fintech lender. We provide faster, fairer loans by leveraging our smart technology.
We offer award-winning automotive, renewable energy and personal loans, delivered by our proprietary
technology, to help creditworthy borrowers bring their big ideas to life.
Since our establishment in 2014, our loan originations have grown consistently, supported by diversified loan
products, distribution channels and funding, and underpinned by our exceptional credit performance and
continual innovation.
For more information visit plenti.com.au/shareholders.
Plenti
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