People’s Bank and Hayleys Solar, the renewable energy arm of Hayleys Fentons Limited, signed a Memorandum of Understanding (MoU) recently to promote sustainable energy adoption.
This collaborative effort aims to catalyse the widespread adoption of solar energy by facilitating access to better financing options.
People’s Bank will provide loans to customers seeking to invest in rooftop solar power for their homes or businesses. With the help of the loan programs customers are given the option to go for an affordable loan instalment each month instead of continuing with the burden of a higher electricity bill.
This monthly saving option is available for any system capacity and the savings amount will grow in relation to the capacity of each system.
