Santa Clarita Living

The product Banca Etica for energy

by admin on 02/10/08 at 10:18 am

Banca Etica is aimed particularly to the environment.
Visiting their website online is a clear tendency towards their common interests and their usefulness as they are born continues to operate.
Here’s the history:

Banca Etica is the first institution of ethical finance in our country. Conceived by the organizations of the Third Sector, voluntary and international cooperation. The first Italian experience in this area have been cooperative MAG (Mutue for the self) and their goal was (and still is) two-fold: to create a system of collection and use of savings among members favoring those who were in difficult situations and propose projects with social purpose. Following legislative changes in the financial sector in the 90s, the MAG has been forced to restructure. Required by the new legislation and pushed by the need to give the third sector of a financial entity for the MAG contacted institutions in the world of social cooperation, voluntary and social enterprises. The proposal was very successful and resulted in the association in December 1994 Towards the Ethical Bank, which participated in the movement of the MAG and several organizations representing the entire national landscape associations.

The site I found an interesting project named “project power”. Provides a range of funding dedicated to the field on the energy savings for each type of intervention and the proportion of money we need, you can download a pdf file that lists all the parameters used by them (of course it is better deal for the business person and very carefully).
An example for the ignition of a financing order with the installation of photovoltaic panels:

EXAMPLE OF CALCULATION OF APR / ISC – Indicator summary cost.
FIXED RATE
In the example, the nominal rate is obtained by the IRS in 15 years equal to 3.91% with currency 01/01/2009, plus a maximum spread of 0.85%.
At a demonstration of depreciation for:
- A capital of 10,000 Euros
- Refundable in 15 years in monthly installments
- The nominal annual rate of 4.76%
- With costs of investigation practice for 155 euro
- 0.25% tax amounting to euro 25
The APR / ISC will be equal to 5154%
VARIABLE RATE
In the example, the nominal rate is obtained by applying the Euribor 3 months equal to 3:43% with currency 01/01/2009, plus a maximum spread of
0.85%. At a demonstration of depreciation for:
- A capital of 10,000 Euros
- Refundable in 15 years in monthly installments
- The nominal annual rate of 4.28%
- With costs of investigation practice for 155 euro
- 0.25% tax amounting to euro 25
The APR / ISC will be equal to 4.65%

But I will advise you not to dwell on a single bank, but to seek more institutions of alternative proposals.
Surely you have a broad view of all the offers of the market and you can choose with more awareness.