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Commercial Solar: A Guide to Financing Solar Panels

As a leading renewable energy company in the UK, we understand that investing in commercial solar panels can seem daunting. Especially for businesses who are new to the idea. That’s why we’re here to help simplify the process and provide the information you need to make an informed decision.

Smart Business Investment

The UK government introduced a cap on energy prices for domestic customers to protect them from being overcharged by energy suppliers. However, this cap did not extend to commercial customers. This means that businesses are exposed to the full cost of energy, and a significant impact on their bottom line. 

Due to this, investing in commercial solar panels is a wise business decision and will keep energy costs down. Protect your business from future energy price rises today.

Finance Options for Commercial Solar

Capital Expenditure

Installing solar panels can be a significant upfront cost, but it’s important to consider the long-term benefits. Solar panels are a proven technology with a lifespan of up to 25 years. This means they provide a reliable source of energy and cost savings for your business for many years to come.

Plus, with the Smart Export Guarantee scheme, you can earn money back on any excess energy you generate.

Finance Options for Commercial Solar

If the upfront cost of solar panel installation is a concern for your business, we also offer finance options to help spread the cost over a period of time. 

Our finance packages are tailored to suit your business’s specific needs, with flexible repayment terms and competitive interest rates. This means you can start enjoying the benefits of solar energy without having to worry about a large upfront cost.

Power Purchase Agreement

Another financing option to consider is a Power Purchase Agreement (PPA). A PPA is a contract between your business and Novus Energy. We will install and maintain the solar panels on your property, and you agree to purchase the energy they generate at a fixed rate. 

This means you don’t have to pay anything upfront for the installation or maintenance of the solar panels.

At Novus Energy, we offer a range of PPA options to suit your business’s needs, with flexible contract lengths and rates.

Our team of experts will work with you to determine the best financing option for your business, and guide you through the process every step of the way.

Investing in solar panels for your business is a smart decision that can provide long-term benefits and cost savings. With our range of financing options, including capital expenditure, finance packages, and PPAs, we can help make the process easy and affordable for your business.

By taking these measures, UK businesses can not only save money but also reduce their carbon footprint and enhance their reputation as socially responsible organisations.

Contact us today to learn more about how we can help you transition to renewable energy.

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