What are the financing options available for going solar?
#1 Bank Loans
Many banks offer solar loans specifically designed for rooftop solar installations. These loans may have attractive interest rates and repayment periods, making it easier for homeowners and businesses to invest in solar.
#2 Financing via NBFCs
Very few solar companies offer flexible financing options to help you go solar. Fenice Energy provides multiple financing options such as Zero-Cost EMI as well as Low-Cost EMI, with attractive interest rates starting from 8%. To further ease the process, we offer hassle-free loans with no collateral requirement. Click here to check out our financing options.
#3 Government Subsidies
The Government of India and some other state governments periodically provide subsidies or financial incentives for rooftop solar installations to encourage renewable energy adoption.