Funding for Homeowners and Self-Builders
Investing in Solar PV is a major commitment for any homeowner, however the rewards of installing a system can be substantial.
In 2010 the Government moved away from providing a grant to install a Solar PV system. Instead they launched The Clean Energy Cashback Scheme which creates a long-term source of income over a 25 year period.
This is a scheme which is fixed for 25 years from time of installation, and increases in line with inflation so it provides a secure way to invest. The scheme is often considered much more favourable than investing cash into savings accounts.
We understand that some customers may wish to finance their systems across a number of years. We have looked at the options seriously from several major and prominent finance providers and we have concluded that offering finance packages is not within our interests. We want to focus purely on delivering the very best Solar PV systems to our customers and so we believe the very best way to finance a system would be:
- Unsecured Personal Loan – spreads the cost of a system over a set period. We recommend you shop around to find current rates. We also recommend you try Zopa – a social lending platform which is a fairer, more human way of financing.
- Solar Mortgage – it may be an option to refinance your mortgage to release funds.
Please note that Access Renewables do not offer financial advice, nor do we have any affiliation with any lender. To compare Solar PV as an investment you should consult an IFA or other relevant professional.
............................................................................. Funding for Homeowners & Self-Builders
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