GCash taps Helios to make solar energy more accessible for Pinoys
GCash apps Helios to make solar energy more accessible for Filipinos
GCash, the Philippines’ leading e-wallet, is teaming up with solar technology provider Helios to make solar energy more accessible for Filipinos through an installment scheme.
Powered by GCash’s lending arm, Fuse Financing Inc., the flexible financing solution will allow households to adopt solar energy without straining their financial resources.
Despite the Philippines’ abundant source of sunlight, solar energy adoption remains limited in the country.
The high upfront costs, combined with the lack of public awareness about the benefits of rooftop solar panel systems, largely undermined utilization of solar energy.
As part of their Green Financing initiative, GCash’s installment loan service GGives will launch the Triple Zero Solar Starter Package, a limited-time offering designed to ease the financial burden of switching to solar energy.
Through GGives, customers no longer need to have a credit card or go through the complicated process of applying for a financing loan at a bank.
Instead, the feature will make solar energy more attainable for potential buyers by offering zero down payment, zero interest, and zero processing fees.
“This marks a significant milestone towards our mission to make solar power accessible and affordable to every home in the Philippines,” Helios co-founder Alex Aronson said.
“We look forward to delivering the highest quality and most reliable solar solutions to more Filipino homes through partnership with GCash,” he added.
Helios, known for its environmental-friendly solutions, will integrate its Tier 1 solar technology with GGives. The equipment is known for its top performance, durability, and long-term reliability.
The company assured the public that its technologies feature only top-tier hardware with 25-year production guarantees and world-class after-sales service.
Helios said customers should expect saving between 50% to 100% on their electricity bills once they transitioned to solar energy.
“Going solar offers significant benefits for the average Filipino household, especially in the long run, including lower electricity bills, increased property value, and long-term savings,” it said.