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Solar panel grants, financing schemes, loans, and discounts are available that could help you make a green investment in your home. We've highlighted what these schemes are in more detail below, as well as eligibility and how to apply for them, so you can get solar panels for less.
Halifax and Effective Home have teamed up to make installing solar energy easier for our customers. All Halifax banking, borrowing, mortgage, savings, investment and insurance customer are eligible for £500 off their Effective Home solar panel quote, if they register for their quote through our website from 31 July 2024.
Prices will also vary depending on the amount of panels required, if your roof is in full sun or partial shade and what type of solar panels you want to have. E.ON, for example, offers an interest-free option on a typical six-panel (2.61 kWp) solar system installed for £241.04 per month over 24 months.
If you want to benefit from solar panels, but can't pay thousands of pounds upfront for them, there are options available to you. Solar panel grants, financing schemes, loans, and discounts are available that could help you make a green investment in your home.
As well as the solar panel grants above, there are two other solar panels incentives available for UK homeowners which are the Smart Export Guarantee (SEG) scheme and 0% VAT on solar panel installations until 31 March 2027 (after that solar panel installations will be charged at a reduced 5% VAT rate).