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More people are having solar panels fitted due to increased environmental awareness and the financial benefits of generating their own renewable energy. Additionally, grants and funding incentives from local authorities make solar installations more accessible and cost-effective for property owners in the UK.
Smart Export Guarantee (SEG):
Green Homes Grant (Historical):
Energy Company Obligation (ECO) Scheme:
Local Authority Grants:
Renewable Heat Incentive (RHI):
Interest-Free Loans and Green Financing:
If you are unsure about which solar panel funding options might be available to you, speak to our team today and our renewable energy specialists will be able to guide you to the right choice.
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At MySolarPower, we provide expert domestic solar panel installation services, helping UK homeowners reduce energy costs and their carbon footprint with sustainable, high-quality solar solutions.
We offer professional commercial solar panel installation services, enabling businesses across the UK to lower energy expenses and enhance sustainability with efficient, tailored solar solutions.
We specialise in comprehensive solar panel installation services, delivering customized, energy-efficient solutions to homes and businesses across the UK for sustainable and cost-effective energy.
We provide reliable solar panel maintenance services, ensuring optimal performance and longevity of your solar energy system with regular inspections and expert care across the UK.
We carry out professional solar panel cleaning services across the UK, maximizing your system’s efficiency and energy output by removing dirt, debris, and other obstructions.
We can help guide you on the various solar panel grants and funding options, making it easier to invest in renewable energy with financial support for sustainable installations.
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We want your solar panel experience to be as easy as possible. That’s why all of our approved contractors install Solar PV systems in line with MCS Cerification and best practices.
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MySolarPower contractors have helped more than 100,000 homeowners in the UK save money on their energy bills
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The Smart Export Guarantee (SEG) is a government-backed scheme that requires large energy suppliers to pay small-scale renewable energy producers for the electricity they export to the grid. Property owners with solar panels can receive payments based on the amount of surplus energy their system generates and exports, with rates varying by supplier.
The Feed-in Tariff (FiT) scheme was closed to new applicants in March 2019. However, existing participants will continue to receive payments for the duration of their contract. New installations can benefit from the Smart Export Guarantee (SEG) instead.
While there are no direct tax incentives for solar panels in the UK, businesses can benefit from the Enhanced Capital Allowances (ECA) scheme, which allows them to claim 100% first-year capital allowances on qualifying energy-saving investments, including solar panels. This reduces taxable profits and, therefore, the amount of tax owed.
Yes, some local councils and authorities offer grants or low-interest loans to support renewable energy installations, including solar panels. Eligibility and availability vary by region, so it’s best to check with your local council for specific programs and funding opportunities.
The Energy Company Obligation (ECO) scheme requires large energy companies to fund energy efficiency improvements for eligible households. While primarily aimed at insulation and heating, some low-income households may qualify for funding to help with solar panel installations under this scheme.
In addition to grants and funding schemes, property owners can explore green loans and financing options from banks and financial institutions. These loans often come with favorable terms and low or zero interest rates, helping to spread the cost of installation over time and making solar panels more affordable.
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