Explore Solar Financing

REDUCE OR ELIMINATE YOUR MONTHLY ELECTRICITY BILL WITH SOLAR POWER FINANCING THROUGH BUTTERFIELD.

Interested in keeping more of your hard-earned money and spending less on your electricity bill? Install SunPower solar panels from Alternative Energy Systems (Bermuda) Ltd. and Butterfield will add the installation loan to your mortgage —at your existing rate.*

Financing that helps you save money and the environment… with Butterfield, it’s possible.

To discuss how you can benefit from solar power financing, visit a Butterfield Banking Centre or contact our loan hotline on 298 4799.

www.butterfieldgroup.com

 

ABOUT AES SOLAR ENERGY SYSTEMS

What are the benefits of installing a solar energy system in my home?
  • Reduces or eliminates your electricity bill
  • Builds a higher resale value for your property
  • Generates clean, environmentally friendly electricity
  • Produces backup power in case of utility outage
  • Creates secure electricity supply
How does solar energy reduce or eliminate my BELCO bill?

Electricity generated by solar panels installed on private residences is fed to BELCO’s electrical grid. BELCO buys that energy for the same rate that they sell energy. If in a given month you sold as much energy to BELCO as you bought from them your “net” consumption would be zero and you would eliminate your BELCO bill. If you sold more energy than you bought, you would earn a credit; that credit would be settled by BELCO at the end of each six-month period. If you sold less energy then you bought, you would only pay the difference.

Is there a guarantee and how long will the solar energy system last?

Yes. SunPower solar panels and micro-inverters installed by AES have an industry leading 25-year power warranty directly from the manufacturer.

If I sell my property, how does having a solar energy system affect my sale price?

Energy conservation and renewable power generation adds value to any home. US surveys have shown that, for every $1,000 saved in energy consumption per year, around $20,000 is added to your home’s value, making solar one of the best home improvement investments you can make.

 

ABOUT SOLAR ENERGY FINANCING WITH BUTTERFIELD

Can the installation loan for the panels be added to my mortgage?

Yes. The loan for installation of the panels can be added to your existing mortgage at your existing rate. Contact your personal lender to discuss your options.

Can I finance the solar panels separately?

Yes. Our team of professional lenders will work with you to find a flexible financing option that suits your needs.

Contact our loan hotline 298 4799 to book an appointment today.