BBVA Energy Efficiency Loan

Your home, ready for the future

Finance your energy efficiency changes and improvements so your home expends less and you save more.

With more advantages and less spending

  • Straightforward financing with no surprises

    Enjoy a loan with no commitment fee and with an adjustable term (from 2 to 8 years) depending on the amount.

  • The process is simple and, if you want, 100% digital

    Choose, calculate, and apply for your loan via the app or website. All with the security of BBVA.

  • Your home, more sustainable and efficient

    Implement solutions to reduce energy consumption and increase comfort in your home, such as air conditioning or efficient lighting.

Straightforward terms & conditions

  • Financing for energy efficiency improvements in your home

    • You can choose from a minimum period of 2 years up to a maximum period of 8 years, depending on the amount requested.
    • From a minimum of €3,000 to a maximum of €75,000. If you need a smaller amount, you can apply for one of our credit cards. 
    • 100% of the loan must be for energy efficiency improvements.
    •  From $${tinBon}% NIR/$${taeBon}% APR with a paycheck or pension direct deposited at BBVA, up to $${tinNoBon}% NIR/$${taeNoBon}% APR without a paycheck or pension direct deposited at BBVA.
    • To be eligible for a discount in the interest rate, you only need to meet one of these conditions:
    1. Direct deposit of your paycheck of a net monthly amount of at least €600.
    2. Direct deposit of your pension of a net monthly amount of at least €300.

     

This example will make it clearer

  • With a salary or pension paid into your account
    Rachel needs €10,000 to replace the windows and change the boiler to a more modern and efficient one. As she has direct deposited her paycheck at BBVA, she receives a discount on the energy efficiency loan while enjoying improved terms and conditions.
    • Loan amount: €10,000.
    • Commitment fee: $${openingFeeAmount} €.
    • Repayment period: 8 years (96 months).
    • Constant monthly payment: $${monthValueBon} €.
    • Interest rate: $${tinBon}% NIR/$${taeBon}% APR.
    • Total to repay: $${totalValueBon} €.

     

  • Without direct payment of salary or pension
    If Rachel had not had her paycheck paid directly into her account, these would have been her conditions:
    • Loan amount: €10,000.
    • Commitment fee: $${openingFeeAmount} €.
    • Repayment period: 8 years (96 months).
    • Constant monthly payment: $${monthValueNoBon} €.
    • Interest rate: $${tinNoBon}% NIR/$${taeNoBon}% APR.
    • Total to repay: $${totalValueNoBon} €.

     

What projects can you finance?

You can make energy efficiency improvements in your home and purchase equipment that contributes to more efficient energy use, provided it meets certain requirements.

  • Energy-efficient equipment
    • Lighting: The lighting system must be in one of the two highest energy efficiency categories. 
    • Heating/air-conditioning/ventilation/hot water: All condensation boilers are included, as are HVAC systems, provided that the latter are in one of the two highest energy efficiency categories.
    • Household appliances: purchase of large volume appliances (excluding microwave and small appliances); must be in one of the two highest energy efficiency categories.

     

  • Refurbishments and installations
    • Control and automation: Lighting, HVAC, installation of motion detectors for lighting, and automatically turning installations on and off.
    • Insulation: Improvements to the thermal insulation of the building envelope (façades, roofs, etc.), adding thermal insulation to the existing insulation or installing windows with two or three panes.    
    • Mobility: Purchase of electric vehicles, plug-in hybrids, installation of charging points for electric vehicles, bicycles (with and without motors) and electric scooters.
    • Solar panels: Installation of solar panels for self-supply.

     

Find out about energy labeling

Your appliance or lighting, heating/air conditioning/ventilation or hot water system must have an A- or B-rated energy efficiency label.

Apply for your BBVA Energy Efficiency Loan

And if you have any questions, we'll answer them

The BBVA Energy Efficiency Loan has no commitment fee. However, if you decide to pay back all or part of your loan early, you will have to pay a 0.50% fee if there are less than 12 months left to repay it, and 1% if there are more than 12 months left.

Do you need something more personalized?

BBVA Energy Efficiency Loan