Fabian Demicoli

PV Purchase Facilitation Scheme (PVPFS)


GRTU is launching the PVPFS scheme,
which GRTU has tailored with a leading local bank, that ensures that client can
find the purchasing of PVs increasingly affordable through paying by installments
without having to fork out any additional money for this improved facility.

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 if
they did not use the PVPFS scheme. In addition to this the client will same
circa €82.81* from the electricity bill 
per month.

When working the €75 monthly payment
to the bank and €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. For
the next 3 years the client is guaranteed the same €0.22c feed in tariff,
totaling €993 per year. Systems are typically guaranteed for 20 years. Some PV
systems in Malta which have been installed around 30 years ago, still work.

 

Retailers already having a GRTU approved
certificate:

CD Power Solutions Co Ltd

Bajada New Energy Ltd

Solar Solutions Ltd

BT Commercial Ltd (Eco Save)

Solar Engineering Ltd

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