5 Reasons Why Now is the Best Time to Buy Solar Panels
Should I invest in Solar Panels?
Up to €6600 in Government Grants
Government grants for energy systems are currently available for several energy efficient systems. You will receive €3000 for your solar panel system in addition to €3600 off for battery storage systems.
Grants for Water Heat Pumps
The government is also offering a government grant of up to €1000 for water heat pumps. A water heat pump is a water heating system which provides hot water by taking heat from the air and absorbing it into the system to heat water.
Energy Loan from BOV
From just €30 per month, you can enjoy a high-quality solar panel system and battery storage system. An interest rate subsidy of 2.0% per annum is provided by the EERE Malta Fund so your interest rate is only 0.5% for the first three years from first loan disbursement date. This loan will substitute your electricity bills – making it the only energy associated bill you will be paying each month.
- No security/collateral required
- No contribution required
- No processing fees
- No Early Repayment fees
- Loan of up to 15 years
- First three years 2% then 2.5%
For further information contact a BOV branch.
More money for a Holiday
With less payments made towards bills on a monthly basis, you will have more money in your pocket to do the things you enjoy – like taking a holiday. By taking up a solar system with an energy loan, you will have up to €1000 more to spend every year on leisurely activities.
Reduce your carbon footprint
By creating an energy efficient home, you are contributing to the environment by greatly reducing your carbon footprint and CO2 emissions. This will give future generations a bright environment for generations to come.
High Quality Solar Panel Systems
At Power Solutions we offer high quality solar panel systems such LG, Huawei, JA Solar and many more with a 25-year guarantee. Our high-power systems come with hybrid invertors for optimal usage. Get in touch with us for a quote by calling 9999 6162 or submit a quote request here.