What is an energy loan?

 

Usage of energy loan

Usage of energy loan

Sustainable and renewable energies are on the rise. We are talking about water and wind energy, photovoltaics, solar, geothermal or bioenergy. Homeowners are free to use such energy for themselves and the environment. However, investments in renewable energy are costly, so that the installations of, for example, solar thermal systems or pellet heaters and heat pumps can not even be paid out of pocket. If you still want to upgrade and retrofit, you can take an energy loan. Without a land register entry, the possible financing amount is around 60,000 euros. The terms vary, but are only possible up to 18 years.

Environmentally friendly financing solutions

Environmentally friendly financing solutions

Energy loans protect the environment and the purse in the first place. Also, owners benefit from extremely low interest rates in this area. Anyone who has no opportunity to invest in renewable energy can also carry out modernization and take on a modernization loan. For example, owners can invest in new insulation or in insulated glass windows. This brings a significant reduction in operating costs.

Financing of photovoltaic and solar

Financing of photovoltaic and solar

Solar and photovoltaic are the most popular and common way to use renewable energy for their own use. The forces are pulled out of the sun and heat is converted into electricity or hot water. Above all, homeowners benefit from the savings, so that a system pays off quickly. For the financing of such a plant many possibilities in the form of energy loans are available. Also, to some extent, the facilities are subsidized and subsidized separately, for which KfW is known, for example.

However, solar loans can also be handled through the house bank, with some even offering special loans and terms. Through the remuneration or the monthly savings in the self-consumption of the plant, these loans offer a possible security. For this reason, lenders can offer cheaper rates.

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