WHAT ARE THE OPTIONS?
One of the few dedicated South African green financiers is a company called GreenFin, but their rates at first glance do not seem that competitive.
On the company’s website, the monthly instalment is calculated at an 18% interest rate.
GreenFin pays an approved installer directly and homeowners only start repaying the calculated monthly instalment once the installation is completed and functioning well.
South African banks believe they can do better.
Although no specific product is on offer, interested consumers can approach their banks directly.
Nedbank’s Dirk Visser said financing was working well in the business sector. Nedbank