Solar PV funding for businesses across the UK

Connecting you to the very best solar power funding solutions. As part of our consultancy-led service, Sol PV Group will put you in contact with our finance partners to help you to investigate all available routes to fund your switch to solar.

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The 100% financed option

We work with an exclusive network of finance partners, meaning we can offer competitive options and tailored contract terms that suit your business requirements. With our 100% financed option, you can fund your solar upgrade with fixed monthly payments over an agreed period of time

Additionally, our Smart Export Guarantee (SEG) Scheme is also designed to save you money. Energy savings you accrue combined with return rates for surplus electricity can be used to cover your monthly repayments, making for a budget-friendly solution.

The interest rates available to you will depend on your current business credit rating.

Our Partnership Process

Outright purchase – capital expenditure

Self-financing is still the most popular option for a renewable energy purchase. This option offers the highest returns over the lifetime of your solar PV system, and will reduce your payback period considerably.

Many businesses will also be eligible to offset up to £100,000 of their investment in tax through their annual investment allowance, helping to make this purchase strategy more rewarding.

Benefits

Achieve the greatest ROI within around 3-5 years
Typical IRR of between 30%-36%
Full ownership of the whole system – the system as an asset is yours along with all the benefits it brings
Achieve renewable energy for less than 2.5p per unit the life of your system – truly future-proof your business against ever-increasing energy costs
Offset the system purchase as CAPEX

PPA agreement

A Power Purchase Agreement (PPA) allows your business to benefit from a fully funded solar system with no capital outlay. You will be able to purchase electricity from renewable source funders at a reduced rate compared to your current energy price. As this agreement is Index-linked to RPI rather than to steeply rising energy costs, your business will be able to set its own level for purchasing energy for the next 25 years.

Benefits

Free solar PV system – the system is fully funded by a reputable third-party asset investor.
Guaranteed savings on energy bills – electricity generated by your PV system is purchased back off the investor at a rate cheaper than your current energy provider. This is linked to inflation better than the energy market.

No maintenance costs – as part of the agreement, your system will have an ongoing operation and maintenance contract at no cost to you.
Long-term budget control – the unit price you pay for electricity generated by the system will be fixed for the term of the agreement, allowing you to budget better for the future.
Fully transferable – the PPA contract can be transferred to the new occupants should you move to new premises in the future.
Zero cost ‘green’ credentials – a zero-cost route to improving your company’s CSR, and enhancing relations with eco-conscious suppliers and customers.

Grant Funding

A Power Purchase Agreement (PPA) allows your business to benefit from a fully funded solar system with no capital outlay. You will be able to purchase electricity from renewable source funders at a reduced rate compared to your current energy price. As this agreement is Index-linked to RPI rather than to steeply rising energy costs, your business will be able to set its own level for purchasing energy for the next 25 years.

Benefits

A payment plan to install any energy-efficient equipment including solar panels, batteries and EV Chargers
A choice of a Rental Agreement or Hire Purchase Agreement
There is no initial capital outlay so we will supply and install the equipment as per normal

Energy bills will be significantly lower and the fixed payments for the agreed term are typically lower than the savings made therefore making it cash-positive from day one
This type of funding usually works better on smaller systems up to 100kWp but we have experience offering these for systems up to 300kWp
Terms are shorter than PPA™s and usually up to 10 years
Our customers have the option to purchase the equipment of both types at the end of the agreement
We can get indicative monthly payments immediately using the online portal