Green Energy Finance

Green Energy Finance

From initial design and planning, we can deliver projects right through to hand over. Our multi-skilled teams are dynamic and get involved in different parts of each project, this approach improves knowledge within the team and makes everything run smoothly.

All our projects are carried out with our bespoke project management system which includes group chat communication, order processing and project management tools. This allows our office and site staff to be in immediate communication and process changes, orders and general progress instantly between managers and operatives.

How can I finance my investment in renewable energy for my business?

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.

Asset Finance

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.

Solar panel leasing for businesses

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.

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 £5000 for installing an air source heat pump and £6000 for ground source heat pumps.

Workplace Charging Scheme (WCS)

The Workplace Charging Scheme (WCS) is a government grant for electric vehicles offered by the Office for Low Emission Vehicles (OLEV).

The WCS reduces the purchase and installation cost of a new workplace EV charge point by 75%. A single business can claim up to a maximum of 20 charge points.

The WCS is available to any business, charity, or public authority with adequate off-street parking.