Press Release: Businesses reach expectations overall for Black Friday
27 November 2020
Black Friday was still exceptional when compared to the rest of the year and sometimes...
GRTU is launching the PVPFS scheme, which GRTU has
tailored with a leading local bank, that ensures that client can find the
purchasing of a PV system increasingly affordable through paying by
installments without having to fork out any additional money. This while the
system is generating electricity that compensates for the payments done.
If calculated on an average system that would cost
around €5,000, the utilization of the PVPFS would mean that the client shall
have no upfront payments to make and instead start paying the bank a monthly
fee of €75 for 3 years, which works out to the exact same amount as if they did
not use the PVPFS scheme. In addition to this the client will save circa €82.81
from the electricity bill per month. When deducting the € 75 monthly
payment to the bank from the €82.81 electricity saving, not only will the system
be paying itself but the client would be making a profit of around € 7.81 per
month during the first 3 years.
For the following 3 years the client is
guaranteed the same €0.22c feed in tariff(six year agreement), totaling € 993
per year, or € 3,260 profit in the first six years. This means that the
customer not only did not have to fork out any money, but actually started
making profit from day one. Systems are typically guaranteed for 20
years, and some PV systems which have been installed in Malta around 30 years
ago are still working today.
suppliers who have achieved the GRTU APPROVED CERTIFICATE may apply to
participate in the PVPFS, and a second information session for suppliers shall
be held shortly due to a very encouraging turnout.
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).