Residential Solar Finance

Residential Solar Finance

Al Baraka provides you with various financing solutions to fund your investment into solar energy allowing you to save on your electricity bill, reduce your carbon footprint and freeing you from load shedding.

Choose between our fixed price, fixed term financing or variable price, long term option to best suit your financing needs.

  • Finance for residential solar installation
  • Low deposit requirement
  • No monthly admin fees
  • Competitive pricing
  • Option to pay in a lumpsum annually on the variable price, long term option
  • Flexible terms of up to 120 months

• Initial once off administration fee with no further monthly fees.

• Repayments are flexible and can be variable or fixed, customizable to your preferences.

You will require the following documentation to apply:

  • Proof of address, not older than 3 months, for the verification of your residential address
  • Bar-coded Identity Document or Smart ID
  • Proof of income
  • Last 3 months’ salary confirmation (salaried individuals)
  • Latest annual Financial Statements / Income Tax Return (non-salaried individuals)
  • Last 3 months Bank Statements
  • Signed statement of personal Income and Expenditure
  • Signed statement of personal Assets and Liabilities (in joint name if married in community of property)

Click here to view all acceptable forms of proof of address

Click here to apply now (variable price, long term option)

click here to complete our fixed price application form 

  • Raise finance of up to 20% of your property value for your solar installation.
  • Repayment period of up to 10 years.
  • No monthly admin fees and no penalties for early settlements.
  • Fixed rate for 12 months with annual review and an option of lump sum payments at that time.
  • Installation to be performed by a registered installer of your choice.
  • Discounted attorneys bond registration fees.
    • Fixed rate for duration of finance term up to 60 months.
    • No monthly admin fees and no penalties for early settlements.
    • Installation to be performed by a registered installer of your choice.
    • 20% deposit required.

     Note: Private installations are not financed

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