Oster Confection Microwave

Electricity Electricity

In support of what is said in the post " Electricity here is an example of funding from the web site of Victor Hill MontepaschiSiena

Welcome

Following energy policy (DM 19/02/2007) for the development of technologies designed to produce electricity from renewable sources (solar energy) with recognition of incentives (called "tariff"), we provide a score type of financing for the purchase and installation of photovoltaic systems.
General
Recipients: buyers of photovoltaic systems, who wish to apply for incentives to the Manager of Electrical Services (GSE). Posts
funding: PV systems with a minimum output of 1 kW, which came into operation in the period between April 13, 2007, the date of enactment of the measure of the Authority for Electricity and Gas, and on 31.12.2008 the effect of new construction, renovation or upgrade of a total existing system. They are also allowed plants came into operation from 1 October 2005 and April 13, 2007 if they have not benefited rates from previous ministerial decrees.
Amount financed: up to 100% of the cost, usually not more than Euro 5.000.000,00.
Duration: maximum 18 years (grace period beyond the technical), including a possible use of a maximum period of 24 months.
Repayment: Deferred include semi-annual installments of principal and accrued interest, the Italian method (principal basis) or French method (increasing share capital) during the period of use, the borrowing company will pay semi-annual installments of interest only (deadline 30 June - Dec. 31).
rate: fixed or variable, based on the rating of the applicant, the duration of the loan and guarantees offers.
Guarantees: Financing is usually a unsecured channel with the current account of the incentives provided by the GSE, may still be offered any type of collateral and / or personnel deemed appropriate for the coverage of risk.


Benefits vary the amount and duration of the loan INCENTIVES IN RELATION TO REVENUE, THE RECIPIENT HAS THE OPPORTUNITY 'TO FINANCE INVESTMENT WITHOUT SUFFERING ANY DRAINAGE OF CASH' business
Who is
companies, individual or corporate, and public bodies. Channels
Purchase
All branches of the Bank. Documents Required

In addition to ordinary documents, the customer must submit, before signing the loan agreement, a statement of commitment to put a copy of the request for incentive rate sent to the Manager of Electrical Services (GSE), including the final documentation of entry into operation listed in Annex 4 to the Ministerial Decree 19/02 / 2007.
Taxation
income tax - interest expenses deductible from business income to the new arrangements provided for by Presidential Decree 917/86 (Income Tax Code);
IRES - interest expense deductible from business income to the new arrangements provided for by Presidential Decree 917/86 (TUIR) ;
IRAP - interest expense is not allocated between the items of expense deductible;
LIEU TAX - 0.25% of the nominal amount of funding (funding with a duration exceeding 18 months).