Hayleys Solar, the renewable energy division of Hayleys Fentons Ltd., has collaborated with the Bank of Ceylon (BOC) to promote the adoption of green energy practices nationwide. This partnership aims to offer low-interest loans to residential and commercial customers, encouraging them to transition towards renewable energy solutions. The financial schemes provide competitive rates with a 7-year repayment period, making solar power more accessible and affordable for consumers.
Under this agreement, residential customers can avail themselves of loans at a 10% interest rate for amounts up to Rs. 3 million. Commercial customers, on the other hand, can benefit from a 10% interest rate for loans up to Rs. 5 million, 11% for Rs. 5-10 million, and 12.5% for Rs. 10 to 50 million. The financing options allow customers to save significantly on their energy bills, making the investment in solar power financially viable over the long term.
Hayleys Fentons Managing Director Hasith Prematillake expressed pride in leading Sri Lanka’s solar industry and promoting a greener future through this collaboration with Bank of Ceylon. He highlighted the substantial monthly savings that customers can achieve based on their chosen solar system capacity, emphasizing the affordability and environmental benefits of solar energy.
BOC’s Deputy General Manager for International, Treasury, and Investment, G. A. Jayashantha, affirmed the bank’s commitment to supporting renewable energy adoption. He stated that providing financial assistance for solar power aligns with BOC’s environmental responsibility, emphasizing the bank’s partnership with Hayleys Solar as a leader in the solar energy sector.
Hayleys Solar, renowned for supplying over 200MWp of rooftop solar power, specializes in comprehensive solar solutions for residential, SME, commercial, and industrial needs. The company’s Executive Director and CEO, Roshane Perera, highlighted the urgency of transitioning to renewable energy, citing past energy crises and the importance of affordability in driving environmental sustainability.
Customers interested in leveraging this exclusive offer can contact Hayleys Solar through their hotline, website, or visit their Experience Centres for personalized consultations and information on solar energy solutions.