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Rooftop Solar Loan

House, factory and office

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Introduction to rooftop solar loan

E.SUN Bank launched the "Smiling Polar Bear," which is a loan scheme to develop green energy in response to "Taiwan's Pathway to Net-Zero Emissions in 2050", and hopes to jointly support "SDG 13 Climate Action."

Advantages

  • Revenue from sales of electricity:

    Taiwan Power Company signs a 20-year guaranteed power purchasing agreement with entities that install electric generating equipment.
  • Shade and heat insulation:

    Solar PV modules act as roof shades that lowers the room temperature in top floor, saving electricity fees from air conditioning.
  • Clean energy:

    It is an eco-friendly energy source as electricity generation does not require any fuel and not cause air pollution.

Loan scheme

Applicability

  • The borrower should be a natural person or small enterprise.
  • The loan scheme only for purchasing/installing rooftop solar panels; the installed power of each project should be up to 2,000 kW.
  • Note: The definition of small enterprise should be in accordance with the regulations of the Bank.

Personal loans

  • Loan scheme: Mortgage loan, unsecured loan.
  • Loan amount: No more than the total amount of the purchase/construction contract.
  • Loan period: Up to 15 years for mortgage loan; up to 7 years for unsecured loan.

Small business financing

  • Loan scheme: Mortgage loan, the small and medium enterprise credit guarantee fund of Taiwan.
  • Loan amount: No more than the total amount of the purchase/construction contract.
  • Loan period: Up to 15 years for mortgage loan; up to 7 years for the small and medium enterprise credit guarantee fund of Taiwan.

Knowledge on solar PV

Installed capacity? kW?

Installed capacity refers to the maximum amount of electricity that a generating station can produce, and is calculated in kW. Each kW of installed capacity requires approximately 3 ping of roof area.

Solar panel output and lifespans

Solar panel output would be subject to the climate and environment; please refer to the information announced by Taiwan Power Company. Most of the solar panels' lifespans are over 20 years, most of which are able to maintain over 80% outputs after that. It depends on equipment effectiveness.

How to withstand typhoons

The structure of solar panels must be certified by a structural engineer to ensure that it can withstand typhoons.
We recommend that you purchase "Electronic Equipment Insurance" for more financial guarantee.

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Contact us

Find a branch nearby, and please call us for more details.

Disclosures

  • The loan scheme only for purchasing/installing rooftop solar panels; the installed power of each project should be up to 2,000 kW.
  • Actual terms of the loan will still be determined with products provided by E.SUN. E.SUN reserves the rights to verify information, to change offer details, to approve or reject any application, and determine the final loan amount, interest rate, and loan term.
  • The bank has not engaged any agencies for the sale of loan products. Please be wary if anyone claims to be so.
  • The use of illegal or unauthorized links to this website for Internet marketing is prohibited.
  • Real estate mortgage loans shall be handled in accordance with the Regulations Governing Real Estate Mortgage Loan by Financial Institutions.

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