Press Release: Positive outcome for Black Friday 2024
29 November 2024
Feedback reported to the Malta Chamber of SMEs on Black Friday results indicates mixed outcomes....
Making PV systems affordable
18 July 2011
In view of the new grant launched by the MRRA, GRTU and MRA, where €3,000 shall be granted to around 2,000 families to install a PV system, Euromed Eco Power Co Ltd together with Banif Bank are launching a scheme that facilitates the purchase of photovoltaic panels.
With this scheme clients can purchase a Sharp 1.84 kW system that usually costs €6,500 for just €1,437, paid over a period of 3 years at the rate of €39.89 per month, after deducting the income from the feed in tarriff paid for the electricity generated. This means that families wishing to install a high quality photovoltaic system nowadays do not need to fork out the capital anymore, and the total amount of money they need to take out of their pocket is reduced to €1,437, spread on 3 years with an easy payment term of €39.89. In this way anyone who owns a roof is able to install a PV system and generate clean electricity.
This scheme is clearly intended to facilitate the purchase of PV systems and encourage people to invest more in green energy, also helping the country reach its renewable energy targets.
More information may be acquired from any Banif Bank branch or call 21 804474, 79010757 or on the web; www.euromed-ep.com
