It’s not just the energy crisis that has people focusing on improving the energy efficiency of their homes. Almost a quarter of carbon emissions is generated by households across the UK. For homeowners keen to reduce the carbon footprint of their home, investing in renewable energy generating technology is key.
Our Renewable Energy Loans are available to homeowners to spread the cost of installing solar panels, battery storage systems, air source and ground source heat pumps, or other technologies that generate green electricity.
Apply today or for an informal chat with our friendly team, call us on 01823 461099.
How does the home energy loan work?
Your dedicated Case Manager will complete a no-obligation financial assessment with you. If you decide to proceed with a loan application, we will need a quote from your chosen contractor.
The loan can cover renewable home energy projects such as:
- Solar panels
- Solar thermal systems
- Ground source heat pumps
- Air source heat pumps
- Biomass heating systems
- Other renewable energy measures for your home
Who can apply?
Homeowners across the South West can apply for a home energy loan. Our lending decisions are made by people, for people. Our team of Case Managers take the time to understand your unique circumstances, both now and into the future.
Apply for a decision in principle today and don’t worry, it won’t affect your credit score:
- No upper age limit
- In receipt of State Benefits
What are the benefits of a renewable energy loan?
We offer a fixed interest rate of 4% (4.2% typical APR) and have a repayment term of up to 15 years.
- Borrow from £500 up to £15,000 or more (depending on your local council policy)
- Fixed interest rate
- No early repayment fees
- Flexibility to make overpayments of £100 or more at any time
- Loan term from 1 year to 15 years
Are there grants for solar panels or other renewable energy measures?
We recommend contacting your local energy advice service or local council to find out about any grants which may be available for you. Find your local council and energy advice service here.
Our blog about grants for air source heat pumps also provides more information on the current Government grant system. Find out more here.
Are you interested in a Renewable Energy Loans?