Clean Energy Finance & Grants for Businesses

From asset finance and hire purchase to a power purchase agreement (PPA); we will ensure you receive the best advice possible and a finance package to suit your specific business.

Clean energy finance and grants

Solar panel grants and finance for businesses

Solarsense has partnered with some of the UK’s leading financial institutions to offer competitive finance for solar panels and clean energy technologies. From asset finance and hire purchase to a solar PV power purchase agreement (PPA); we will ensure you receive the best advice possible and a finance package to suit your specific business.

As part of our consultative approach, we offer guidance as to what grants are available for your business and provide detailed economic efficiency calculations with your free desktop survey to ensure you understand exactly how and when you can expect to break even, the structure of repayments and the overall profit for your business. Contact us for a free solar panel survey for your business today.

Renewable Energy Finance: Self Financing

Self financing is the most popular option for purchasing commercial solar panels. This option offers the best financial returns over the lifetime of a renewable energy system and will reduce your payback period considerably.

Many businesses will be eligible to offset up to £100,000 of their investment in tax through the annual investment allowance. As part of our consultancy-led service, Solarsense will help you to investigate your entitlements.

 

Renewable Energy Finance: Asset Finance

Solarsense has aligned with a number of long-standing finance partners to deliver businesses with an asset finance offer that makes sense. In some cases your asset finance payments will be less that your savings on electricity, meaning that your business could be cash positive from day one.

Power Purchase Agreement for solar panels

A power purchase agreement (PPA) has quickly become one of the most popular ways of financing commercial solar panels. If your energy usage and roof space meet specific criteria, this solution allows you to benefit from a free solar PV installation, financed by a PPA provider.

Electricity generated by the system is then sold back to you at a rate much cheaper than your current energy prices; saving you significant money on your bills and providing your business with all the benefits of solar PV.

Contact us today to see if your business is eligible for a power purchase agreement.

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Solar panel leasing for businesses

Solarsense has partnered with Fronius to offer a solar panel leasing scheme, allowing your business to benefit from cash flow positive solar panels.

Unlike power purchase agreements, you simply lease the solar panel equipment to generate your own clean energy. The electricity you generate and use will produce significant savings and your fixed monthly lease payment will be less than the cost of that electricity if purchased from your supplier.

After the 15 year lease period, a variety of options are available to you, including full ownership of the solar equipment – providing you with even cheaper, green electricity for a further ten to fifteen years. All of the maintenance and insurance of the system is taken care of during the lease period, so it really is a no brainer.

The Boiler Upgrade Scheme

The Boiler Upgrade Scheme (BUS) is a UK Government initiative to encourage small businesses in England and Wales to install low carbon heating systems, including heat pumps. The scheme will be open to small business properties in England and Wales.

The Boiler Upgrade Scheme will run from 2022 to 2025 and offers businesses £7500 for installing an air source heat pump and £7500 for ground source heat pumps.

For more information please visit The Boiler Upgrade Scheme. To get a free, no obligation quote for your small business, please fill out the form on our contact us page.

Feed-in Tariff (FIT) for businesses

The Feed-in Tariff for solar panels closed in March 2019. The cost of manufacturing solar panels has plummeted by 82% in the last ten years, according to the International Renewable Energy Agency (IRENA). These cost reductions are passed onto businesses when purchasing their PV system, providing healthy financial returns and a reduced payback period.

Solar panels are a very sensible and long-term investment for businesses looking to future proof their energy costs and increase their bottom line. Sunlight is free, so once you’ve paid for the initial installation, your long-term electricity costs will be reduced considerably. Your installation will eventually pay for itself over time (usually within 6-7 years), the exact period will be determined by a number of factors such as the size of your array, roof orientation, shading issues and the brand of panel you choose.

Everything you need to make an informed decision

  • Investing in renewable energy - finance options for businesses

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