Santander Offers Solar Energy Subscription for Customers with Electricity Bills Over R$ 250

Written by Valdemar Medeiros

Published on 18/04/2024 at 18:27

Foto: Freepik

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Santander Unveils Initiative Promising To Reduce Electricity Bills For Thousands Of Brazilians. This Is A Project For Solar Energy Subscription In Partnership With FIT Energia.

Santander and its affiliate FIT Energia launched a kind of solar energy subscription service through shared generation from partner farms that promises to reduce the electricity bill. In an interview, FIT CEO Bruno Menezes stated that the capacity to serve in partnership with Santander is 500 MWp contracted and the goal is to reach about 500 thousand customers by the end of the year.

How Does Santander’s Solar Energy Subscription Work?

The idea is to attract customers who cannot install photovoltaic panels and who wish to save up to 15% compared to their current quota value without construction or investment, depending on each region.

The offer announced by Santander and FIT Energia this Wednesday (April 16) covers consumers in 13 states, among 18 concessionaires. The focus of the solar energy subscription is an electricity bill above R$ 250 for individuals and R$ 500 for businesses, provided they are not also allocated in the free market.

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Companies Comment On Initiative To Reduce Electricity Bills

It is worth mentioning that the company plans to install another 100 MW by the end of this year. For Rafael Thomaz, Head of the Energy Desk at Santander Brasil, the solar energy subscription solution launched complements the bank’s value offering and strategy to provide more solutions to retail, helping consumers save on their electricity bills while promoting increased renewable generation in Brazil and financing possibilities for investors’ projects. It is a superproduct for the bank, defines Thomaz.

Regarding plans for action in GD, Thomaz states that the announced composition with FIT, combined with being the largest financer of solar panels in the country, positions Santander well in this market, also placing it as a pioneer in the solar energy subscription product among large financial institutions.

As for having its own equity allocated in its own plants, this is ruled out, as it is more complicated for the bank in terms of capital and conservative profile.

Other Initiatives To Reduce Electricity Bills

Another project promises to provide free solar energy to 50,000 households and commercial establishments in the Northeast region of the country, at no cost to the property owners.

This initiative results from collaboration between Revo, Sou Energy, and Huawei, functioning similarly to a leasing model, with significant potential to boost the use of photovoltaic energy in the region.

In this initiative, the property owner or tenant subscribes to the service, allowing the installation of solar panels on the roof at no cost for the equipment or installation. It works as a kind of roof rental, offering the user a discount of approximately 20% on their electricity bill.

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Davimar ribeiro de sena

#3266

21/04/2024 12:58

Gostaria de 📑 s detalhes para minha casa tem 300 metros construção e conta 650,00

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Santander Offers Solar Energy Subscription for Customers with Electricity Bills Over R$ 250

Santander Unveils Initiative Promising To Reduce Electricity Bills For Thousands Of Brazilians. This Is A Project For Solar Energy Subscription In Partnership With FIT Energia.

How Does Santander’s Solar Energy Subscription Work?

Companies Comment On Initiative To Reduce Electricity Bills

Other Initiatives To Reduce Electricity Bills

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Santander Offers Solar Energy Subscription for Customers with Electricity Bills Over R$ 250

Santander Unveils Initiative Promising To Reduce Electricity Bills For Thousands Of Brazilians. This Is A Project For Solar Energy Subscription In Partnership With FIT Energia.

How Does Santander’s Solar Energy Subscription Work?

Companies Comment On Initiative To Reduce Electricity Bills

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Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

With 7.4 trillion tons of artificial snow pumped in 10 years, an extreme operation could stabilize the West Antarctic ice sheet and prevent a sea level rise of more than 3 meters, but it would require snow cannons, ocean water, and energy on an almost industrial scale at the end of the world.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

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