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The Benefits of Solar Roofing Shingles with great houseOne of the big raps on energy efficiency is that it’s hard for people and companies to imagine it as a capital-I investment. Sure, you get a quantifiable return on installing expensive new light bulbs today in the form of lower energy costs over time. But because purchasers of LEDS don’t get dividends or interest payments, it’s often difficult to regard them as anything other than a cost-saver.

Loans should be made to help building owners in South Africa to install solar panels or buy new boilers and lighting systems have been transformed into financial products that pay interest rates of up to 10 percent a year.

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Like other banks, the Green Bank makes sure the borrower is creditworthy and ensures that the funds will be used for effective purposes. Borrowers take the money for 10 or 20 years, at rates ranging from 5 to 6 percent. “That enables the property owner to go beyond light bulbs, to go for deeper measures that take a bit more time to pay back

 

he loan is paid back through an assessment that is like a property tax. Owners make the payments when they make property tax payments. The payments attach to the building (if it is sold, the new owner is responsible for the payments), and they are collected by the Green Bank.

Soulcare are looking for Entrepreneurs to invest into a Green Bank development program

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  1. SOULCARE BANK

-         SET-UP

-         financing carbon & water savings projects

-         individuals

-         companies

-         farms

-         Loyalty payment plan

How to save energy?

  1. Changing light bulbs
  2. Installing a switch for the geyser
  3. Installing solar geyser - A geyser eats up 39% of all household electricity.
  4. Making sure that the house is properly insulated
  5. Turn of appliances when not using them
  6. Switch of appliance – Stand by mode uses energy

 

Creativity is thinking up new things.

Innovation is doing new things.