(Brinston, ON) – With constantly rising energy costs, everyone is looking for ways to save money on their utility bill. Green energy systems like solar hot water, solar thermal and solar and wind generation systems always spring to mind for consumers looking to save but upfront costs and long pay back times often deter consumers from taking the final step to “go green”.
But now, thanks to a new partnership between Ault Energy an Eastern Ontario based green energy solutions company and Citizens Bank of Canada, financing the installation of these systems for your home or business just got a lot easier, and much more affordable.
Through the bank’s Enviro-Financing program, customers will get competitive rates that will allow them to invest affordably in green energy solutions, such as solar hot water, solar thermal and grid-tied photovoltaic and wind generation systems for their homes.
"Now more than ever, making your home more energy self-efficient is a wise investment,"
“Consumers don’t expect to pay in full for their other major purchases in life like a vehicle or home addition but traditionally in the green energy business we’ve expected them to just write a cheque for the full cost of what is a comparable major purchase. Now thanks to this program we can give consumers the chance to make a purchase that long term makes a great deal of sense.”
“Combining our financing option with current government energy efficiency incentive programs means, as an example, that we can install a solar hot water heating system that could save a household or business up to 60% on their hot water bills for possibly less than $80 a month and with up to 25% of average energy costs coming directly from hot water it means substantial long term savings at a cost within reach for most consumers.”
Citizen’s Bank has a history of supporting environmentally conscious consumer purchasing.
“At Citizens Bank, corporate social responsibility guides everything we do,” said Madleine Rab, vice president, Business Development. “We created Enviro-Financing specifically for people who share our commitment to environmental and social issues.”
The bank has a number of other financial products, like a Clean Air Auto Loan and a Green Mortgage, that are aimed at helping consumers make a positive impact on the environment.
Citizens Bank, along with its parent company, Vancity Group, the largest credit union in Canada, has committed to being carbon neutral by 2010.
“This partnership allows borrowers to match their environmental convictions with their financial needs. We embrace the opportunity to help Ontarians conserve energy and reduce their environmental impact," Rab said.
Ault Energy offers solar hot water, solar thermal as well as grid-tied solar and wind generation systems. For more information on the full product line or on the Enviro-Financing program please go to www.aultenergy.com.
For more information:
Ault Energy media contact: 1.613.652.4740, info@aultenergy.com
Citizens Bank media contact: 1.604.708.7795
About:
Ault Energy is a green energy and conservation consultation company installing green energy solutions for both residential and commercial installations. Ault Energy serves end user residential and commercial customers from a local sales office in Brinston, Ontario. The firm, with its strong manufacturer relationships, leads the industry by making green energy applications simple and meeting the needs of each customer. Visit:
Citizens Bank of Canada is built on the premise that all companies have a responsibility to use their resources to make a positive difference in the world around them. We were the first and we’re still the only bank with a clear ethical policy that publicly states our position on key social and environmental issues. We’re available 24/7 on the Internet or on the phone through our National Contact Centre, where we offer a broad range of financial products and services. Visit:
