Rewarding environmentally friendly projects! | Banque et Caisse d'Epargne de l'Etat, Luxembourg
9th July 2018

Rewarding environmentally friendly projects!

In case you haven't noticed, it's cold outside! Out with the summer jackets and in with the scarves and overcoats! This is also usually the time when people start cranking up the heating at home. At Marc and Sophie’s house, however, their old boiler no longer works properly and is far from economical. As a result, Sophie has to wear her fleece around the house, and Marc tears his hair out each time he receives the heating bill.

A quick and flexible solution

It's time for Marc and Sophie to replace their old boiler with a more environmentally friendly one that consumes less power. As it is a costly endeavour, the young couple went to see their bank advisor, who suggested that they take out an EcoPrêt loan to finance their project.

Whether for home improvements or big-ticket consumer goods, EcoPrêt loans are specially designed to provide funding for environmentally friendly purchases intended to improve energy efficiency. Since electric and hydrogen cars fall within the “environmentally friendly” category, the loan can also be used to finance the purchase of a zero-emissions vehicle. Quick and flexible, it offers the following benefits:

 

  • an amount of 5.000 to 50.000 euros,
  • an attractive interest rate,
  • a loan term of 13 to 120 months (limited to 60 months for vehicles),
  • no handling fee,
  • no mortgage registration.

Leaflet "EcoPrêt" (French and German versions only)

Receive grants

Since 1 January 2015, on the basis of an EU directive, the government is offering grants to individuals and companies who commit to saving energy. The energy company Enovos has set up a grants programme, called “enoprimes”, offered for a whole range of eligible works. Go to www.enoprimes.lu for a list of eligible projects. You'll also find a list of all the energy suppliers taking part in the programme, including BCEE’s official partners: Enovos and Sudgaz.

The young couple will be toasty warm thanks to their new boiler. Nevertheless, Marc will still be getting his traditional hand-knitted Christmas jumper from Sophie this year. Chin up, Marc!

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