The goal is to add 100,000 new photovoltaic installations by 2025, which would prevent 150,000 tons of CO2 emissions and save 80 million on individuals’ electricity bills.
The financial entity CaixaBank and the energy company EDP have strengthened their cooperation agreement to promote the installation of energy-saving and sustainable solutions in homes.
Both companies were already pioneers by creating in 2021 a commercial package focused on photovoltaic installations supervised by EDP with financing on favorable terms, with a grace period of three months (i.e. payment starts only three months after installation).
Marketing is done online through Wivai. The customer can select the product directly and choose whether to finance it in installments of up to 120 months between 0% and 3% APR. CaixaBank customers have direct access to financing through their manager.
The good reception in the market of the proposal from CaixaBank and EDP, moreover in a context where energy efficiency has become an important theme, has contributed to the decision of both companies to strengthen their alliance in this area. The collaboration is reflected on the one hand in the strengthening of commercial activity in the coming months, in the context of the relaunch of CaixaBank’s ‘MyHome’ offer for the home, and on the other hand in the expansion of the range of products linked to sustainability for private homes, with new complementary proposals for solar panels.
The first new product initiative is to create a new commercial package for the installation of energy storage batteries, making it easier to store the solar energy collected from the light hours for use at night. CaixaBank and EDP predict that about 20% of customers who install solar panels in their homes decide to use storage batteries as well. The product can now be contracted through Wivai.
Source: La Verdad
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
