Government starts with cheap loans for solar panels




Government starts with cheap loans for solar panels

The government will start providing low interest loans to private home solar panels or solar water heaters places. The government has developed the National Energy Saving Fund. Along with two sofas

Private homeowners that loan applications can apply for a loan of at least 2,500 and EUR 25,000. The duration is dependent on the loan 7 to 10 years. The interest rate is currently 3.4 percent for 7 years and 3.8 percent for 10 years. Loans can be requested from Tuesday.

The loan amount can be used for fourteen types of energy-saving measures. Up to 50 percent of the loan may be used for the installation of solar panels. The remaining 50 percent must be used for other operations, such as placing a solar heater or a heat pump, or the isolation of the roof, the floor or the wall.

The advent of the National Energy Saving Fund is an outgrowth of the Residential Energy Accord and Accord. Rabobank and ASN Bank have put in a total of 225 million in the fund, while the government puts 75 million in the pot. A total of 300 million euros. The National Energy Saving Fund is managed by the Housing Stimulation Dutch municipalities.

In: Technology & Gadgets Asked By: [18418 Red Star Level]

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