Energy finance
Helen offers easy and flexible energy finance solution for solar power systems, and district heat connections.
Flexible finance solution for energy investments
- Select the most suitable monthly instalment (minimum of 1.7% of the finance).
- Flexible repayment. You can make extra repayments without added costs.
- Deduct the interest in taxation when financing the energy investment of your own permanent residence.
- No set-up fee or deposits.
- You can pay off the entire loan without extra charges.
- Finance earns OP bonuses for the owner-customers of OP Co-operative Bank.
District heat connection for customers switching their heating method
An example
- Cash price €6,820 / monthly instalment €143 (incl. 24% VAT)
- Actual annual interest rate for the loan 8.00%.
- Term 58 months, last instalment €5.3.
- Total credit price is €8,168.83, which includes the following in addition to the cash price of €6,820.00:
- interest on finance (6,400%) €1,063.83,
- account maintenance fee €5.00/month incl. in the monthly instalment, total of €285.00.
Actual percentage rate for an average loan of €6,820 (one-time credit) with a term of 58 months calculated according to the Consumer Protection Act (KSL) is 8.00% when the nominal interest rate is 6.40%. Credit price is €8,163.83, which includes invoicing fee of €5 per month. (Situation 09/2016).
Financing provided by OP Financial Group, Gebhardinaukio 1, 00510 Helsinki.
Aurinkosähköjärjestelmä 6,0 kWp
Solar power system 2.75 kWp
An example
- Cash price €7,500 / monthly instalment €157.50 (incl. 24% VAT)
- Actual annual interest rate for the loan 7.74%.
- Term 57 months, last instalment €105.52.
- Total credit price is €8,925.51, which includes the following in addition to the cash price of €7,500.00:
- interest on finance (6,30%) €1,145.51
- account maintenance fee €5.00/month incl. in the monthly instalment, total of €280.00
Actual percentage rate for an average loan of €7,500 (one-time credit) with a term of 57 months calculated according to the Consumer Protection Act (KSL) is 7.74% when the nominal interest rate is 6.30%. Credit price is €8,925.51, which includes invoicing fee of €5 per month. (Situation 04/2018).
Financing provided by OP Financial Group, Gebhardinaukio 1, 00510 Helsinki.