Financing Solar Panels Uk

Solar pv technology has the power to half your electricity bills and of course offers an environmentally friendly alternative energy source but today solar panels cost anything from 2 500 to 9 000 and beyond.

Financing solar panels uk.

Compare ways to pay for your solar system including personal loans and home equity financing. An 8 panel system with on roof solar panels starts from just 4 324 and a 12 panel system from just 5 191. Solar loans can fund your solar panels and installation. With a solar lease you are renting your system from a third party owner.

Many different institutions offer solar loans including local and national banks specialty financing companies manufacturers and credit unions. If you spread the cost over a term of 1 to 5 years you preserve your cashflow and fund your solar panels in a smart affordable way. When you get a pace loan a lien is placed on your property until the loan is paid off. With our interest free finance option you can get a solar panel system installed at your home from just 111 11 per month 1.

One type of loan that s popular for financing solar panels in certain areas of the country is a property assessed clean energy pace loan. We re the uk s expert solar installers offering solar finance plans to suit your household. Use the energysage solar marketplace to review multiple equipment installer and financing options. At pegasus finance our solar panel finance options give you the chance to revolutionise your home without paying the up front.

A solar lease is similar to a solar loan in the sense that both are forms of residential solar financing with zero down solar financing options. We know that solar panels save energy the planet and your pocket. We ve provided solar panel financing to help cut energy costs for a range of businesses. We offer solar financing with plans of up to 10 years so you can spread the cost of your solar panel installation and start saving money straight away.

But the similarity pretty much stops there. Purchasing a set of solar panels is a big financial commitment for any business. Thousands of customers have complained about being mis sold finance for the installation of solar panels on their homes roof according to a bbc news report. The bbc says that two defunct companies pv solar uk and myplanet are accused of mis selling loans from barclays bank to fund domestic solar pv systems supplied and installed by them.