fbpx

Get solar panels or a charging point effortlessly with monthly financing

Get solar panels or electric car charging points effortlessly with OP funding. Calculate the appropriate monthly installment for you using the counter and apply online. Financing interest is deductible for tax purposes and you can apply for a household deduction for installation work.

Ilmakuva aurinkopaneeleista omakotitaloon asennettuna.

Make your energy purchases easy with OP financing

  • Financing 2 500–30 000 €
  • Flexible repayment period
  • Low interest rate OP-prime + 5,95% *
  • Billing fee 5 € / month
  • One month interest-free and no-consumption payment period
  • Two months free of charge each year
  • You can pay off the entire credit at once at no extra cost
  • The funding accrues OP bonuses for the member members of the OKOBANK
  • Financing interest is tax deductible like a mortgage when financing the renovation of your own permanent home.

*According to KSL, the real annual interest rate for a 10 000 € loan is 7.31 %, while the loan interest rate is OP-prime + 5.95 %, (6.20 % 08/19), the establishment fee is 0 € and the invoicing fee is 5 € / month.

The credit is granted by OP Corporate Bank Plc, Gebhardinaukio 1, 00510 Helsinki.

An example calculation of the financing of a solar panel package

Cash price 6 500 € / month installment 109.00 € (incl. VAT 24%)

  • The annual percentage rate of charge is 7.80 %
  • Credit period 72 months
  • The total credit price is 8 121.579 €, which includes the cash price of 6 500.00 € and:
    • financing interest (6.20 %) 1 266.79 €
    • account management fee 5.00 € / month incl. monthly installment, total 355.00 €

The real annual interest rate calculated in accordance with KSL for an average loan of, for example, EUR 6 125 (one-off loan) over a 74-month loan period is 7.89 %, while the nominal interest rate is 6.20 %. The credit price is 7727.51 €, which includes a 5 € billing fee per month. (Situation 05/2022).

The financing is granted by OP Corporate Bank Plc, Gebhardinaukio 1, 00510 Helsinki.

Example calculation of financing an electric car charging point with a socket

Cash price 1.510 € / month installment 46.00 € (incl. VAT 24%)

  • The annual percentage rate of charge is 13.27 %
  • Credit period 36 months
  • The total credit price is 1825.87 €, which includes the cash price of 1510 € and:
    • financing interest (6.20 %) 140.87 €
    • account management fee 5.00 € / month incl. monthly installment, total 175 €

The real annual interest rate calculated in accordance with KSL for an average loan of, for example, EUR 1 650 (one-off loan) over a 41-month loan period is 12.64 %, while the nominal interest rate is 6.20 %. The credit price is 2034.73 €, which includes a 5 € billing fee per month. (Situation 02/2022).

The financing is granted by OP Corporate Bank Plc, Gebhardinaukio 1, 00510 Helsinki.

What do we mean by metering method?

General Electricity

When you opt for our general electricity contract, you always pay the same price (24/7). This metering method is most commonly used in smaller homes; e.g. in apartment blocks and terraced houses.

Night-time Electricity

When you opt for night-time electricity metering, the price for electricity varies according to time of day; day-time metering applies e.g. from 7 AM to 10 PM, and night-time metering applies from 10 PM to 7 AM. Please note that different distribution network suppliers apply different cut- off times for metering, and you should take this into consideration when estimating consumption. Night-time metering is very popular in terraced and detached houses where the primary heat source is direct electrical heating.

Seasonal Electricity

Your electricity consumption can also be metered seasonally either as winter-day energy and other period energy. This metering method is popular with detached houses and vacation homes, which have water- circulated, heat-storing floor-heating and dual-rate metering. During summer season and winter nights, electricity is most affordable.