Green Energy Loan
Invest in a Greener Future with a Green Energy Loan
From home upgrades and retrofitting to greener transport options, our Green Energy Loans offer low interest rates to help you make energy-efficient improvements. Whether you're improving your home or reducing your carbon footprint, we’re here to help you go greener.
What sort of thing can you borrow for?
- Renewable energy upgrade (e.g. solar panels)
- Door, window, or boiler upgrades
- Electric or hybrid cars
- Attic, floor, wall, pipe insulation
- Installation of energy efficient controls in the home
- Home charger units
- Sustainable water and heating systems
- Electric Bicycles or Electric Motorcycles
What Do We Offer?
- Green Loan rate at 6.49% (6.69% Representative APR)
- Borrow up to €75,000.
- Loan term between 1 and 10 years.
- Flexible repayments.
- No large savings required.
- No transaction fees or administration charges.
- No penalties for early repayment or lump sum payments.
- Expert guidance and advice throughout the application process.
What do I need to provide?
- 3 months bank statements (including Revolut if applicable)
- 2 recent payslips (or other proof of income)
- Valid Photo ID (Driving License or Passport)
- Valid Proof of Address dated within the last six months (mobile phone bills not accepted)
You may be asked to provide proof of greenhouse emission reduction/improvement in BER, proof of works or proof of transport purchase.
Calculate your repayments
Our handy repayment calculator lets you see what your repayments might look like.
Representative Example:
For a green loan of €20,000 over 5 years (60 months), repay €391.26 per month. Total amount repayable (including interest of €3,475.08) is €23,475.08, 6.69% APR.
Maximum Loan Term :
This calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. Whilst every care has been made in the production of information, People First Credit Union, or any of its staff, cannot be held responsible for any errors. This calculator only provides an indicative quote and actual repayments may vary. Loans are subject to approval, terms and conditions apply. If you do not meet the repayments on your loan, your account will go into arrears and this may affect your credit rating which may limit your ability to access credit in the future.
Loans are subject to approval. Lending criteria, terms & conditions apply.
Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating which may limit your ability to access credit in the future.
Warning: For variable rate loans, the cost of your monthly repayments may increase.
Whilst every care has been made in the production of this information, it is for illustrative purposes only and to give you an overview of the potential cost of borrowing at People First Credit Union. It does not constitute a loan offer. People First Credit Union or its staff cannot be held responsible for any errors or omissions.
