Solar Panel Finance

The financial case for solar has never been stronger. In practice, however, the upfront cost of a solar installation remains a barrier for many homeowners, even when the long-term savings clearly outweigh the initial investment. Solar panel finance removes that barrier, allowing you to spread the cost of your system over time while benefiting from lower energy bills from the moment your panels are switched on.

At Simcott Renewables, we work with carefully selected finance partners to offer flexible solar financing options that make going solar accessible without requiring a large upfront payment.

Solar finance can make it easier to install a solar and battery system without paying the full cost upfront.

For residential solar and battery installations, Simcott Renewables can introduce eligible customers to our Solar Plan. This is an all-inclusive monthly package designed to spread the cost of installation while also including ongoing support during the plan term.

The Hometree Solar Plan may include:

• low or zero upfront cost options
• terms from 5 to 25 years
• monthly payments from around £75, depending on system value and plan term
• installation by an approved engineer
• remote performance monitoring
• periodic system inspections
• repair and replacement protection during the plan term

This can be useful for homeowners who want a more predictable monthly route into solar, particularly where the installation includes both solar panels and battery storage.

Finance is provided by Hometree Finance, a trading name of HTG Finance Limited. Finance is subject to status and a hire agreement. Monthly payments are subject to an annual 2.5% increase. Early settlement is available in line with the contract. If you sell your property, the agreement may need to be settled or transferred in accordance with the plan terms. Missed payments may lead to additional charges and can make it harder to obtain credit.

Not every installation will be suitable for finance. Smaller solar-only systems may fall below the minimum financeable system value, so eligibility will be confirmed once your system has been designed and quoted.

For many homeowners, yes, but it is better understood as a monthly solar plan rather than a headline-APR loan.

Our Solar Plan is designed to spread the cost of a residential solar and battery installation through monthly payments, while also including ongoing monitoring, inspections, repairs and replacement protection during the plan term.

As a broad guide, many Simcott residential solar and battery installations start from around £8,000 to £9,000. Your monthly payment will depend on the size and specification of your system, whether you choose to pay anything upfront, and the length of the plan.

The financial benefit comes from reducing the amount of electricity you buy from the grid, using more of your own solar energy and, where eligible, exporting surplus electricity through the Smart Export Guarantee.

A meaningful share of the monthly plan cost may be offset by energy savings, particularly where the system includes battery storage and the home uses electricity during the evening or on smart tariffs. However, savings vary by roof direction, shading, occupancy pattern, tariff choice, battery size and electricity usage.

Eligible residential solar and battery installations currently benefit from 0% VAT, which can improve the overall value of the system.

The right next step is always a bespoke design and savings forecast. This allows us to model your likely generation, self-consumption, export income and monthly plan options based on your actual property.

Solar finance is subject to eligibility, approval and the terms of the finance provider.

For residential solar and battery installations, Simcott Renewables can introduce eligible customers to the Hometree Solar Plan. This is a consumer hire agreement rather than a standard personal loan, so the terms work differently from APR-based borrowing.

Key things to be aware of before applying:

• the Solar Plan is subject to status and approval
• it is available on selected residential solar and battery installations
• the property must be suitable for solar installation
• smaller solar-only systems may not meet the minimum financeable system value
• monthly payments increase by 2.5% each year
• early settlement may be available in line with the agreement terms
• if you sell your property, the agreement may need to be settled or transferred in accordance with the plan terms
• missed payments may lead to additional charges and can make it harder to obtain credit

At Simcott Renewables, we present available finance options clearly and without pressure. Our role is to help you understand the options available, how they relate to your proposed system, and whether they are suitable for your circumstances.

Finance is provided by Hometree Finance, a trading name of HTG Finance Limited. Hometree Finance is authorised and regulated by the Financial Conduct Authority for the limited activities of entering into and administering consumer hire agreements as owner. Finance is subject to status and a hire agreement. Full terms and conditions are provided before any agreement is entered into.