Solar panels Jun 17, 2010 7:56:16 GMT 1
Post by Bonobo on Jun 17, 2010 7:56:16 GMT 1
Someone is heating his/her house with odd fuel.
Half-price solar panels thanks to environmental funds
Individuals wishing to install solar panels on their homes may be eligible for extra financing from the Environment Protection Fund.
In a bid to get more people using green power, the Environment Protection fund has announced that it is willing to pay up to 45 percent gross on a bank loan issued for the panels’ purchase, although the amount is capped at 2,500 zloty (610 euro) per 1 sq.m. of panel installation.
The extra financing initiative is aimed at private indiviudals as well as housing associations throughout the country.
The Environment Protection Fund stipulates two points as to the eligibility of funding: any person wishing to install the solar panel must be the owner of the building and furthermore must not have access to municipal heating services.
The average solar panel installation for a home costs around 10-20,000 zloty. If the home was previously heated with electricity, the return on such an investment may take up to 6 years; if the houshold used gas or oil, the estimated return takes around 12 years.
The Environment Protection Fund has 300 million zloty at its disposal for such financing over the next three years. 144,000 sq.m. of solar panels were installed throughout Poland in 2009.