Live more sustainably with solar power – finance your solar installation with a loan

Are you keen to join those making the switch to renewable energy? Your plans for a sustainable investment can now become a reality with a personal loan.

Interest in sustainability and environmentally friendly living is growing. Swiss homeowners are increasingly relying on solar energy in a bid to become independent from local energy providers. If you are looking to invest in a solar installation, you are in good company. However, the savings in energy costs generated by fitting solar panels, for instance, take a while to be realized. This is why many people find themselves exploring financing options when making this kind of investment. Some cantons offer financial incentives in the form of subsidies to encourage private individuals to switch to renewable energy. There are also two financing options available: increasing a mortgage or taking out a personal loan. The first option is generally suitable for renovation projects costing CHF 100,000 or more. A personal loan is therefore usually the best and simplest option for financing a solar installation, which will cost around CHF 12,000 depending on its size. BANK-now will be happy to advise you on your financing options.

Solar installations are not ordinary investments. You don't need to decide whether a loan is the right solution for you on your own. Discuss your plans in one of our branches located throughout Switzerland, or give us a call: 0800 404 044 (free of charge from Switzerland).

The right credit amount and the best term for you depend entirely on your individual circumstances. Our credit advisors will calculate your personal credit limit based on your income, circumstances, and ongoing expenses. Please feel free to first use the quick finance check from CREDIT-now to work out the maximum credit amount that you are likely to receive for your solar installation. Use our online loan calculator for private lending to estimate your installments and interest costs in advance. 

As a homeowner, you also benefit from attractive interest rates. The installments are accordingly lower. Best of all, there are no additional costs for home valuation or for increasing a mortgage note.

This is contingent on you having been the sole owner or co-owner of a property in Switzerland (entered in the land register) for at least six months.