Is solar right for you?

Solar financing.

Bridging the gap
between customers and
solar financing services.


Solar financing – Solar loans,
payment options, PPA, solar leasing.

We’d like to introduce you to the various solar financing options available in the market today.

With a sound and fitting financial plan. Sky’s the limit.

 
While its true that in today’s market, more and more solar financing options are becoming readily accessible with quick approvals. Here are some solar financing options available to you.
Outright purchase

This option is simply buying directly from us with the the payment in full.

Credit card.

Credit card payments are accepted. We accept most credit cards from major financial institutions.

0% instalment plan. Instalment payment plan.

Zero percent instalment plan allows financing a purchase with no upfront payment and instead the purchase will be paid off in smaller amounts over a period of time with some interest added on. An instalment payment plan is mostly similar but with different interest rates.

As different banks offer different solutions based on your credit standing, you have to enquire with your bank on what’s the credit limit and instalment period that’s available for you.

At ERS Energy, we currently have 0% instalment plans with our partners Maybank, CIMB and UOB Bank.

instalment plans

Power purchase agreement (PPA)

A power purchase agreement (PPA) is more commonly found in commercial, industrial or utility-scale solar power system financing. It is here also that solar financing companies come into play as they help remove the high cost barrier of entry into solar, with some companies willing to negotiate for zero upfront capex.

Typically in a PPA arrangement, the sum of the upfront payment is negotiated with the balance paid in full over the length of the contract (20-30 years) at a fixed energy unit rate (we’ll come to this shortly).

The balance is paid slowly then over a few years as the customer pays for the generated electricity (not consumed) at the fixed energy unit rate. It is with this system that a formula can be spun to calculate how long a PPA should last.

A main differentiator between a PPA and solar leasing is that, in a PPA the investor owns the solar power system and are responsible for its maintenance.

Solar leasing

This financing solution lets the customer own a solar power system with no upfront cost and the balance is paid on regular intervals at an agreed fixed sum.

At the end of the agreement (also typically 20-30 years) the system would belong to the customer. This means that the customer is also responsible for the maintenance and performance of the solar power system before and after the lease’s due date.

Solar financing.

Our solar financing partners.

solar financing solution partners (1)

U-Solar by UOB Bank

solar financing solution partners (3)

buysolar platform

solar financing solution partners (2)a

Hong Leong Bank

Topics of
interest.

Guide:
How solar power systems work?

Explore the parts of a system and the technology that makes it possible to generate your own electricity.

Topics of interest.

Green no longer is a dirty word.

With the world shifting towards renewable energy, we share the 3 types of good when you go solar.

Topics of interest.

Solar incentives.

There are 2 solar incentives to look forward to as new solar adopters.

Net Energy Metering (NEM) program for businesses and homeowners.

Double tax exemption relief against CAPEX for businesses only.

Topics of interest.

ERS Premium Care.

Maintenance packages for solar power systems.

Topics of interest.

Topics of interest.

Why not pay later?

0% interest instalment plans from:
(T&C where applicable)

uob maybank cimb bank installments

Do you know if
solar is right for you?

Get a free,
non-obligatory solar
assessment today.

Get a quote.

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