Solar Panel Financing – Solar Panel Financing For Your Home, Office or Factory!
Solar Panel Financing offers a comprehensive solution, from financing to installation of the solar panel system, with the best services provided through our energy partners. Solar Panel financing offers loan of up to Rs. 10 million, at a highly subsidized mark-up rate of only 6% per annum. Upon installation of solar panel system at your site, you will experience an increase in your disposable income due to reduction in living expenses through declining electricity bills.
Solar Panel Specifications
All solar panel systems include 10 years warranty of panels & 25 years of performance
Financing & Equity
Solar Panel Financing offers financing between Rs. 500,000/- and Rs. 10,000,000/-, depending on the number and size of the solar panels being purchased, with minimum equity contribution of 20% – 25% of the financing amount
Lowest Mark-up Rate & Flexible Tenure
Solar Panel Financing is offered at a highly subsidized mark-up rate of only 6% per annum through a term loan – based on SBP refinance scheme
Flexible financing tenure is available for up to ten (1O) years, with repayments in monthly installments
Hassle-free Monthly Installments Charges & Insurance
- Processing Fees of Rs.10,000/- plus FED
- Mandatory insurance of solar panel solutions through reputed insurance partners
- Incase installments is not paid within due date then mark-up rate of 1 year KIBOR + 10% per annum is applicable
- Must be Computerized National Identity Card (CNIC) holder
- Must be owner of the residence- where solar panels are to be installed
Requirements for Getting Started
- Fill & sign Solar Panel Financing application form
- Obtain quotation of solar panels system from the authorized energy partner of the Bank
- Two (2) recent passport size photographs
- Copy of CNIC/NICOP
Power purchase agreement:
In Pakistan, for commercial projects where capital investment is a barrier, Watan Energy offers to sell electricity at no investment. With no CAPEX investment at your end, you can optimize your OPEX by working a PPA agreement with us.
As part of the solar power purchase agreement, Watan Energy will arrange for the design, permissions, financing and installation of a solar energy system on the client’s property at no cost. Without any upfront investment, your company can adopt solar and begin saving money as soon as the system becomes operational. Solar PPAs provide a fixed, predictable cost of electricity for the duration of the agreement – where the responsibly for system performance and operating risk is ours.
We custom design Grid-Tie / Hybrid solutions keeping in mind our clients’ requirements; whether they want to lower their average cost of electricity, carbon foot print or create a battery backup for uninterrupted electricity supply. We not only design and execute but also maintain the systems to ensure the plant runs optimally.
For companies that are willing to make the investment and save money in the end, this is the best solution!