A heat pump can be a very sensible purchase for every home owner because it can significantly reduce energy costs and save money. However, many shy away from such an acquisition, because the costs for it exceed the possibilities of some homeowners.
However, there are different ways to get cheap financing. You should contact the local energy supplier, who often either subsidizes the purchase of a heat pump or supports it with cheap financing.
Banks help with credit for a heat pump.
As part of the promotion of regional craft businesses, banks finance the purchase of heat pumps if local specialist businesses are used for the installation. It doesn’t matter whether the company is a customer of the bank or not. Since the installation of a heat pump is absolutely in the hands of experts, a regional company is usually the better choice. There are no extra costs for arrival and departure and later maintenance work can be carried out inexpensively.
Use of KfW promotional loans.
The Society for Reconstruction offers a particularly favorable loan for a heat pump. Low interest rates and long terms characterize these loans in addition to a repayment waiver during the first few years. It does not matter whether the loan is applied for a renovation of existing living space or for a new building. It is only important to meet the applicable criteria for energy-efficient construction.
Use of funds from the Federal Office of Economics and External Control.
The Federal Office of Economic also grants credit for a heat pump. The prerequisite is that the heat pump is installed in an existing building as part of a renovation. New buildings are excluded from the funding program. Furthermore, the annual performance factor and the output are decisive for the promotion of heat pumps. Homeowners who buy a solar system as well as a heat pump can enjoy attractive combination bonuses.
Credit for a heat pump through the home loan contract.
Owners of a home savings contract can also use its value to buy a heat pump. You benefit from very low interest rates. These can easily be paid for the traditional energy sources with the saved amount. In addition, the loan for the heat pump can be repaid very flexibly as a home loan.