Cost of Solar Panel installation & energy saving enhancements to your home $30k (Example Only)
Monthly Electricity Saving $565.422
Monthly Cost of a Green Loan for $30k over 7 years $438.26
Customer Savings for first 7 years $127.16
Expected life of Solar Panels is 30 years2so for the following 23 years (after loan is repaid) you will continue to save on your electricity bill.
1Energy Saving Figures and Expected Solar Panel Life were provided by a local Solar company and are estimates only. Actual savings will vary depending on the position and size of your home and your energy consumption.
2Rates are subject to change without notice.
You can use the loan for a number of Green purposes.
Green Purposes are defined as;
Whether you are buying a car, treating yourself to a boat or jet ski for the summer or making another large purchase an HSBC Personal Loan is an affordable and easy option.
Issued by HSBC Bank Bermuda Limited, of 37 Front Street, Hamilton Bermuda, which is licensed to conduct Banking and Investment Business by the Bermuda Monetary Authority. The Site is primarily intended for those who access it from within Bermuda. Because of this, we cannot guarantee that the Site or the information thereon complies with law or regulation of other countries, or is appropriate for use, in other places. You are wholly responsible for use of the Site by any person using your computer and you must ensure that any such person complies with these Terms. The information provided on this Site is not intended for distribution to, or use by, any person in any jurisdiction where such distribution or use would be contrary to law or regulation. This Site should not be considered as communicating any invitation or inducement to engage in banking of investment activity or any offer to buy or sell any securities or other instruments outside Bermuda.