New package removes upfront cost of solar panels for homeowners
Breakthrough ‘green energy package' removes financial hurdle, so households can: ----- Own their own PV systems (no leasing roofs to companies for ‘free PV' schemes) ----- Generate free electricity ----- Pay nothing up front ----- Generate Feed-in Tariff cash and electricity savings that will meet the equivalent of all finance repayments1 ----- Earn an additional £18,000 1
Householders who want to install solar panels on their roof, but don't have the cash up front to pay for them, can now access ‘green energy' finance that enables them to not only purchase a system, but also keep all of the energy saving and Feed-in Tariff (FiT) benefits.
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The scheme, which is being launched by Exeter-based SunGift Solar, means that not only will Feed-in Tariff cash and electricity savings meet householders' finance repayments, but also the measures will earn them an additional £18,000 over 20 years.
"These loans are a breakthrough for homeowners in the south west who are interested in solar PV but don't have the initial capital to buy a system," said Gabriel Wondrausch, managing director at SunGift Solar, the only company to be voted South West Green Energy Installer of the Year twice.
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