Germany EEG: credit problemsFor German banks is a photovoltaic with 20 years energy delivery contract no security. At this fail 8 from 10 people interested in a photovoltaic. Solar duty guarantees the credit
Energy consultants are desperate and rotate. Banks do not recognize a photovoltaic with energy delivery contract as security. From 10 people wanting a photovoltaic, only 2 get the credit. This means despite high lucrative energy delivery tariff, much people do not get a credit for the photovoltaic. Special affected, people just building a new house. The real estate is 100% burdened as a security for the new house. The bank refuses an additional credit for the photovoltaic. So photovoltaic systems are mainly on old buildings. This houses are old but paid. In the land register is again enough place to deliver security for the bank.
The costs for the photovoltaic are paid by a governement guaranteed credit. This credit does not influence the liquidity of the person building the house, because the profit from the energy delivery compensates the installment. The person building the house needs less credit for building the house, because roof and facade are made by photovoltaic, and are so paid by the credit for the photovoltaic. Less credit demand means also, it's more eady to get the credit. |