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Ukraine began issuing interest-free loans for solar panels

Photo: ecooptima.com.ua (pictured photo)

Loan products for citizens are already available in banks such as PrivatBank, Sberbank, Ukrgasbank, Sense Bank and Globus.

In Ukraine, the first loans were issued under the state program of interest-free lending to individuals – household owners for the purchase of energy equipment. This was reported by the press service of the Ministry of Economy.

The preferential lending program for private households began operating on July 20.

Homeowners can receive 0% financing for the purchase of equipment and installation of solar panels with energy storage systems and wind turbines in their own households.

The interest rate on such loans will be fully repaid within 10 years. The loan amount can be up to 480 thousand hryvnias for the purchase and installation of a hybrid power supply system.

Loan products for citizens are already available in banks such as PrivatBank, Sberbank, Ukrgasbank, Sense Bank and Globus.

Banks may adjust program terms. For example, PrivatBank lends to individuals under this program for 5 years. Loan terms from each bank are available on their websites.

As you know, the Cabinet of Ministers approved the Procedure for providing financial support to individuals who install generating units in their own households that produce electrical energy from alternative energy sources .

Support is provided for the purchase and installation of photovoltaic modules and/or wind power plants with an installed capacity of 1 kW to 10 kW, including hybrid inverters capable of operating both stand-alone and grid-synchronous modes, and energy storage units with a capacity of 1 to 10 kW. kWh for every 1 kW of installed capacity of a generating plant.

The maximum loan amount is 480 thousand Hryvnia.

Energy support: what programs to do for the population and business
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Source: korrespondent

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