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Solar PV installation is now an attractive investment thanks to incentives such as the feed-in tariff. The UK FiT means that solar PV panels now offer a return of around 8% per year.
Find out more about the feed-in tariff and how you could benefit from it.
However, despite the attractive financial returns that solar PV installation now offers through the feed-in tariff, you'll still need to pay the upfront cost for the installation. Fortunately, there are now easier ways to finance that too.
Solar Choice now offers 0% finance on solar PV installations, subject to status, You could pay nothing for 12 months and start benefitting the feed-in tariff and clean, green, renewable energy.
Contact us today to find out more about our 0% solar panel finance.
It is expected that the Government will begin to offer 'green loans', on the pay as You Save scheme from as early as 2012. The idea behind this is that homeowners can take a loan to cover the cost of the installation and make repayments in line with the money they will save through the Feed-In Tariff etc.
The loans will apply to a number of green home improvements, including solar panel installation and loft insulation. What is different about the proposed PAYS loans is that they would be tied to the home and not to the homeowner. This means you're only making repayments for as long as you are benefitting from that particular home improvement. If you sell and move out of your home, the repayments will become the responsibility of the new owners.
The cost of the Feed-In Tariff is going to have to be met somewhere. Isn't it? And this will be through increased electricity costs for fossil fuel generated power. Electricity bills are set to rise in the coming years as providers meet the costs of going green. With Solar PV, you can cut your electricity bills and ensure you don't end up footing even higher electricity costs in coming years.
As well as the benefits of cut power bills and the Feed-In tariff, Solar PV installations can add around 10% to the value of your home, making solar PV an all round attractive investment.
Get in touch with Solar Choice to discuss financing solar panel installation on your property.
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