Energy Loan
Start saving on electricity bills by upgrading to a smarter, more sustainable home with financing that covers solar systems, solar geysers, back-up power and more.
R8 000
Minimum monthly income
R300 000
Maximum loan amount
12 to 72
Months to replay
Personalised
Interest Rate
Why get an Energy Loan?
Save on electricity costs
Escape rising electricity costs by upgrading to energy-efficient systems
Keep the lights on
Avoid the effects of power interruptions with back-up power or a solar system
Manageable monthly payments
Spread out your monthly costs by choosing your repayment period
Specialised support
Speak to our LookSee specialists about the best energy systems for your needs
What is included
You can use an Energy Loan to finance an entire energy solution, including:
- Solar systems
- Smart geysers
- Heat pumps
- Solar geysers
- Gas geysers
- Back-up power systems
How it works
- You'll need a detailed quote or invoice from your trusted installer for your loan application. You can also get a quote and free consultation with a specialist on LookSee
- If your loan is approved, the funds will be paid into your bank account on the same day*. If you don’t bank with us, the funds will be paid the following day*
- No penalty or early termination fees will be charged should you choose to settle your loan early
- Insure your loan against disability, dread disease, retrenchment or death
*T&Cs apply
What it costs
- Personalised interest rate of up to prime plus 6.5%*
- Monthly service fee: R69
- Once-off initiation fee: Up to R1 207.50 (including VAT) depending on your loan amount
*T&Cs apply
How to get it
You can apply for an Energy Loan online by visiting LookSee.
What you’ll need:
- A quote or invoice no older than 30 days. You can get a quote on LookSee from one of our vetted suppliers or use a quote or invoice from your trusted supplier
- You must be 18 years or older and have a valid South African ID or Smart ID Card
- Proof of residence no older than 3 months
- Latest 3 months’ bank statements if you don’t bank with Standard Bank
-
What is included
-
How it works
-
What it costs
-
How to get it
You can use an Energy Loan to finance an entire energy solution, including:
- Solar systems
- Smart geysers
- Heat pumps
- Solar geysers
- Gas geysers
- Back-up power systems
- You'll need a detailed quote or invoice from your trusted installer for your loan application. You can also get a quote and free consultation with a specialist on LookSee
- If your loan is approved, the funds will be paid into your bank account on the same day*. If you don’t bank with us, the funds will be paid the following day*
- No penalty or early termination fees will be charged should you choose to settle your loan early
- Insure your loan against disability, dread disease, retrenchment or death
*T&Cs apply
- Personalised interest rate of up to prime plus 6.5%*
- Monthly service fee: R69
- Once-off initiation fee: Up to R1 207.50 (including VAT) depending on your loan amount
*T&Cs apply
You can apply for an Energy Loan online by visiting LookSee.
What you’ll need:
- A quote or invoice no older than 30 days. You can get a quote on LookSee from one of our vetted suppliers or use a quote or invoice from your trusted supplier
- You must be 18 years or older and have a valid South African ID or Smart ID Card
- Proof of residence no older than 3 months
- Latest 3 months’ bank statements if you don’t bank with Standard Bank
Frequently asked questions about our Energy Loan
What can I finance with an Energy Loan?
You can finance your energy systems, including installation costs. These include:
- Solar: Renewable energy that offers long-term savings and power supply
- Back-up power: Power certainty during outages
- Water heating: Address the biggest electricity consumer in your home
Who can apply for an Energy Loan?
You can apply for a loan if you own your property or have permission* from the property owner to install an energy solution.
*T&Cs apply.
Do I have to bank with Standard Bank to apply?
No, you can get energy financing regardless of where you bank, as long as you meet the loan requirements.
How much can I borrow?
You can borrow a minimum of R3 000 and a maximum of up to R300 000*.
*T&Cs apply.
What is the repayment term?
You can choose to repay your Energy Loan over a period of 12 to 72 months.
How long is my quote valid for?
The quote is valid for 7 days.