Specialized financing institutions – Climate

Climate financing

Financing energy-efficient home renovation for private individuals

A consumer credit is a loan of money with interest, to finance a good or service. In some cases, these loans can be used to purchase a specific good or service. In the case of energy-efficient home renovation, they can be used to finance insulation work, or the installation of windows/over-glazing, heat pumps/boilers/heaters or photovoltaic panels. By developing this product range, specialized financing establishments are enabling private individuals to make the transition to more energy-efficient housing.

Financing the purchase of electric or hybrid vehicles for private customers

Consumer credit can be used to purchase electric or hybrid vehicles, either through earmarked credit or through a Lease with Purchase Option (LOA). For the time being, it is not possible to differentiate between loans granted for electric vehicles and hybrid vehicles (which maintain an internal combustion engine, usually gasoline, to which an electric motor is added).

Financing the purchase of electric or hybrid vehicles for professionals

Professionals, companies and local authorities have various leasing options for renewing their vehicle fleets: they can opt for equipment leasing, or leasing with or without an option to purchase. This section excludes long-term leases.

Financing 'green' buildings for professionals

Leasing is a fixed-term rental contract between a company (industrial or commercial) and a leasing companý. This contract comes with a promise to sell at the end of the contract, with a price agreed in advance. Thanks to this financing, companies gain access to the purchase of more environmentally-friendly premises. As a reminder, today the 2012 thermal regulations (RT 2012) enable certain rules on construction to be respected, with the aim of limiting the primary energy consumption of new buildings to a maximum of 50 kWhEP/m²/year on average (Class A). For comparison, the average consumption of the housing stock in mainland France in 2012 was 151 to 330 kWhEP/m²/year (Class D or E). It is assumed that a new building purchased and/or constructed on or after January 1, 2016 complies with these regulations, and is therefore considered green.

Financing the energy transition

Société de financement des économies d’énergie (SOFERGIE) was created by French law to finance energy-saving and environmental protection projects. In particular, SOFERGIE finances installations, equipment or works designed to :

• Save energy
• Develop renewable energies: wind power, photovoltaics, biomass
• Recover, recycle and valorize waste.

The figures below represent the total value of leasing and conventional financing operations for renewable energies.