Solar Financing

AFFORDABLE SOLAR FINANCING

RS Energy has made extensive agreements with banks to help finance the solar system at an extremely competitive rate (6% Markup). However, loan agreements are being carried out directly by the customers. We still provide help in establishing loan arrangements by connecting with Financial Institutions. We help consumers complete all requested loan documentation. Our solid relationship with Banks will help our customers get their applications approved shortly.

SBP Financing Scheme for Renewable Energy

Households, owners of commercial buildings, agricultural clients and SMEs, etc. can avail the benefits of solar financing as per the State bank of Pakistan Renewable energy Scheme. Financing is available to prospective sponsors, desirous of installing renewable energy source-based projects/ solutions for the generation of electricity up to 1 MW for their use and/or selling of electricity to the distribution company under NEPRA’s Net Metering Regulations. The maximum tenor of financing is 10 years, including a grace period of up to 3 months. The mark-up rate is up to 6 percent p.a.