As a business owner, you understand the importance of energy efficiency and reducing operating costs. One way to do this is by installing solar panels at your property.
As with all investments, the upfront costs may be a concern.
Fortunately, there are a variety of financing options available to help make the transition to solar power more attainable. For a full breakdown of prices and expected returns, please see our costs and savings page.
Financing Options:
Existing Capital: Using cash on-hand to pay for an installation in full.
Loan: Using a business loan based on credit to finance the installation.
Asset Financing: Using assets such as equipment and buildings as collateral to secure funds.
Government Grants: See a list of current grants available here.
Install solar panels with no upfront capital
By using a loan (credit or asset-based) to fund the solar panel installation, it is possible to use the energy savings to cover the repayments.
The below real-life examples demonstrate how Impact Services made this possible for two local businesses.
Over the next 5 years, their energy savings will not only cover the installation loan and interest, but in one case will yield additional savings exceeding £50,000.
All costs and returns have been calculated using MCS-accredited software and corroborated by our accounting partners.
| Company A: Low-Energy Usage | Company B: High-Energy Usage |
| Installation: £29,000 | Installation: £64,000 |
| —— After 5 years —— | |
| Total Loan Repaid: £37,860 | Total Loan Repaid: £81,600 |
| Energy Savings: £38,525 | Energy Savings: £132,916 |
| Profit/Loss: £665 | Profit/Loss: £51,316 |
A closer look at the financial breakdown for Company B:
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