Pay Nothing Upfront Options Available

Solar Panel Finance
& Payment Options

Multiple ways to fund your installation — from outright purchase to fully funded grants. In many cases, your monthly savings exceed your monthly repayments from day one.

0%

VAT on solar panels until March 2027

£7,500

Heat pump grant deducted upfront

Day 1

Savings can exceed repayments immediately

All Finance & Funding Options

From free grants to competitive green loans — every available option explained clearly.

0% VAT Saving

Until 31 March 2027

Save 20%

All residential solar panel, battery storage, and heat pump installations are exempt from VAT until March 2027. This saves you 20% on the full installation cost — automatically applied to your YEERS quote.

Example: £8,000 system saves £1,600 in VAT

Learn about 0% VAT

Green Personal Loans

Available now — 6–10% APR typical

From £50/month

Specialist green finance providers offer personal loans for renewable energy installations at competitive rates. Loan terms of 3–10 years. Subject to credit status. Representative example based on 6.9% APR.

Example: £7,000 over 7 years at 6.9% APR = £105/month

Get a finance quote

Boiler Upgrade Scheme

£7,500 grant — deducted upfront

£7,500 off

For heat pump installations, the £7,500 BUS grant is deducted directly from your YEERS quote — you never pay it upfront or wait for reimbursement. The grant effectively reduces the amount you need to finance by £7,500.

Example: £12,000 heat pump becomes £4,500 after grant

Learn about BUS

ECO4 — Free Installations

For eligible households

100% funded

If your property has an EPC rating of D–G and your household income is under £31,000 (or you receive eligible benefits), you may qualify for a fully funded solar installation through the ECO4 scheme. No cost to you whatsoever.

Example: Full solar + insulation package at £0 cost

Check ECO4 eligibility

Warm Homes Local Grant

Up to £30,000 — Hull & East Riding

Up to £30,000

Yorkshire households with income under £36,000 and EPC D–G may access up to £15,000 for energy performance measures and up to £15,000 for heating improvements through the Warm Homes Local Grant.

Example: Solar + heat pump fully funded for eligible households

Learn about WHLG

Consumer Loan Scheme

Launching April 2027

0% interest

The Government has announced 0% or low-interest consumer loans for home renewable energy upgrades, expected to launch April 2027. Register your interest now and we'll notify you the moment applications open.

Expected: £5,000–£15,000 at 0% or near-zero APR

Register your interest

Worked Financial Examples

Real numbers based on 2026 prices, energy rates, and grant values. Individual results vary.

4kW Solar Panels — Financed

Homeowner in Hull with south-facing roof, no grant eligibility

System cost (0% VAT) £6,800
Finance (7 years @ 6.9% APR) £103/month
Monthly bill savings £67/month
SEG earnings £25/month
Net monthly cost after savings £11/month
System paid off 7 years
25-year total benefit ~£18,000

Cost of ownership just £11/month from day one

Air Source Heat Pump — After BUS Grant

Homeowner replacing gas boiler, BUS grant applied

Heat pump system cost £11,000
Boiler Upgrade Scheme grant -£7,500
Net cost after grant £3,500
Finance (5 years @ 7.9% APR) £71/month
Annual heating savings vs gas ~£400/year
Monthly heating saving £33/month
Net monthly cost after savings £38/month

BUS grant reduces finance need by 68%

Solar + Battery — Maximum Self-Sufficiency

5kW solar + 10kWh battery, grant-stacked approach

Solar + battery system cost £14,500
0% VAT saving (applied) -£2,900 saved
Net system cost (0% VAT) £11,600
Finance (10 years @ 7.5% APR) £138/month
Combined annual savings £1,200/year
Monthly savings £100/month
Net monthly cost after savings £38/month

Full energy independence for £38/month net

Representative figures only. Savings vary by property, orientation, consumption pattern, and tariff. All finance subject to credit status. Ask YEERS for a personalised financial model for your property.

Grant Stacking — Maximise Your Funding

In many cases, you can combine multiple funding sources. Our advisors calculate the optimal combination for your property and circumstances — maximising grants before any finance is applied.

ECO4 (up to £10,000) + 0% VAT + SEG payments
BUS grant (£7,500) + 0% VAT + solar finance
Warm Homes Local Grant (up to £30,000) for eligible households
All grants: Government-backed 0% loans from April 2027
View All Grants Get a Personalised Quote

Finance — FAQs

Advice on commercial savings, government grants, and renewable technology.

Can I finance solar panels in Yorkshire?
Yes. YEERS works with green finance providers offering personal loans at 6–10% APR for solar, battery, and heat pump installations. For many homeowners, monthly repayments are lower than the monthly bill savings — meaning the system pays for itself from day one. Government-backed low-interest consumer loans are also expected from April 2027.
Can I combine grants with finance?
Yes — and this is often the optimal approach. For example, a heat pump customer might receive the £7,500 BUS grant, apply 0% VAT saving, and finance the remaining £2,000–£5,000 balance over 5 years at low APR. For ECO4 eligible households, the installation may be fully funded with no finance required. We model the optimal combination for your circumstances.
Is solar panel finance a good idea?
For most households, yes. If your monthly bill savings exceed your monthly repayments — which is common at current energy prices — you benefit financially from day one. A 4kW system saving £800/year (£67/month) financed at £55/month over 10 years represents a net monthly saving of £12 from day one, plus total lifetime savings of £15,000+ over 25 years.
What is the government consumer loan scheme?
The Government has announced a new consumer loan scheme for renewable energy, expected to launch in April 2027. These loans will be offered at 0% or very low interest rates to homeowners installing solar panels, heat pumps, and battery storage. YEERS will assist customers in accessing these loans as soon as they become available. Register your interest now and we will contact you when the scheme opens.
Can I pay by credit card or bank transfer?
Yes. We accept all major payment methods including credit card (for the deposit), bank transfer, and BACS. For larger commercial installations, we offer staged payment terms aligned to project milestones. Contact us to discuss payment options for your specific project.
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