2023-05-11 05:30:00
The number of “energy” credits jumped 45% compared to the same period of the previous year, indicates the Professional Credit Union (UPC) in L’Echo and De Tijd on Thursday. It has even doubled over the past two years and tripled since 2018, going from 4,400 loans to 15,400.
The amount of these consumer loans also reached a historic high, since 261.5 million euros were loaned to finance green investments such as heat pumps, solar panels, charging stations for electric vehicles, ‘insulation…
“Eco-energy credits are by far the fastest growing credit category in Belgium”, comments Bart Vervenne, president of the UPC. “We expect the first quarter trend to continue throughout the year, making 2023 a banner year for energy credits.” Already in 2022, the number of energy-efficient loans had jumped compared to 2021, from 29,000 loans to 61,000.
Other consumer loans also gained popularity in the first quarter of the year, further indicates the UPC. Conventional renovation credits (in other words without the energy aspect) have increased by 4%, those for household appliances (allowing the replacement of older, more energy-consuming appliances) have increased by 14%.
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