They are intended to improve the financing of energy-saving investments or the use of new energies. Amount: Amounts approved by API or 80% for investors who are not granted other State privileges. Excerpts from the partnership agreement between the National Agency for Energy Conservation and AMEN BANK: AMEN BANK has opened a credit line for the supplier to finance the commercialization of solar water heaters (SWH) according to the following conditions:
Amount of the credits: 750D per customer for 200-liter SWHs and 950D per customer for 300-liter or more SWHs.
Duration: 5 years
Interest rate: MMR +2
Timeline: every 4 months.
STEG will collect the due amounts corresponding to the principal value of the SWH credits granted to the final customers, via the electricity bill. These deadlines are defined as follows:
12,500D / month for 200-liter SWHs
15,833D / month for 300-liters and more SWHs.