Billease has announced a collaboration with Blueshift Energy to enhance access to solar energy for Filipino households. This partnership marks Billease as one of the first Buy Now, Pay Later (BNPL) applications in the Philippines to offer dedicated solar energy financing solutions.
With rising electricity costs nationwide, many Filipino families are seeking alternatives to manage household expenses. While solar power offers a long-term option, its initial costs and traditional financing processes have often made it inaccessible to most households.
Kristofer Huang, CEO of Blueshift Energy, stated that this cooperation with Billease aims to empower more families to manage their energy consumption.
As part of this initiative, Billease is introducing Solar EasyPace, a product specifically designed for solar financing. This new offering does not require a down payment and features monthly interest rates from 2.42% for a 12-month repayment period.
It aims to provide customers with lower interest rates and adaptable payment options. Coupled with streamlined requirements, Solar EasyPace represents a step towards making renewable energy more attainable for Filipinos.
Kurt Molina, Head of POS Product at Billease, noted that this partnership is a significant development, extending their EasyPace financing approach into the clean energy sector. Billease aims for EasyPace to be an inclusive financing option, with interest that decreases over time to ease the repayment burden on consumers.
For further details on Solar EasyPace, individuals can visit Billease’s website at billease.ph and interact with their Chatbot, Billie. Blueshift’s Solar Design Studio also provides instant online quotes at blueshift.ph, and they can be contacted via phone or email.
Featured image by user6702303 on Freepik.