What is an Energy Efficiency Loan?
An Energy Efficiency Loan is an unsecured loan that helps you pay for the costs of a variety of energy solutions, such as solar panels and solar water heaters.
Save up to $200 when you apply online
Negotiation fee of up to $200 waived when you apply for an Energy Efficiency Loan online.
Why get an Energy Efficiency Loan?
- Use for a variety of energy solutionsHelp cover the cost of solar panels, solar water heaters and other energy saving enhancements to your home.
- Competitive interest rate and long repayment termsBorrow for up to 7 years - our longest available term on an unsecured loan.
- Save up to $200 when you apply onlineApply for an HSBC Energy Efficiency Loan using online banking and get up to $200 in negotiation fees waived.
- Make extra payments at any time, free of chargeYou have the flexibility to overpay, which could reduce the amount of interest you pay.
Loan information
Loan type, maximum term and interest rate
| Loan type | Maximum term | Repayment | Rate |
|---|---|---|---|
| Unsecured | 7 years | Principal and interest | 6.50% |
| Loan type | Unsecured |
|---|---|
| Maximum term | 7 years |
| Repayment | Principal and interest |
| Rate | 6.50% |
Things you should know
Who can apply?
To apply for an Energy Efficiency Loan, you need to be:
- over 18
- an existing HSBC customer
- a resident of Bermuda
How to apply
Apply online
If you're registered for online banking, you can log on and complete an online application form, as follows:
- log on to online banking
- go to 'Our Products', then choose 'Online Applications' and then select 'Loans'
Frequently asked questions
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Additional information
Issued by HSBC Bank Bermuda Limited, of 37 Front Street, Hamilton Bermuda, which is licensed to conduct Banking and Investment Business by the Bermuda Monetary Authority.