1. Solar Purchase (Outright Buy)
Buying your solar system outright offers the best long-term savings and highest return on investment. While it requires upfront capital, you immediately benefit from lower energy bills and full ownership of the system.
2. Solar Loans
Solar loans allow you to spread the cost of your system over time. Many lenders offer low-interest loans specifically for solar projects, making it easier to enjoy the benefits of solar while paying manageable monthly instalments.
3. Solar Leasing
With solar leasing, you pay a fixed monthly fee to use a solar system installed on your property. While you won’t own the panels, you can still benefit from reduced energy costs without the responsibility of maintenance.
4. Power Purchase Agreements (PPAs)
A PPA allows you to buy the electricity generated by a solar system at a lower rate than your utility’s prices. The installer retains ownership of the system, but you enjoy savings without the upfront costs.
5. Incentives and Grants
Government incentives, grants, and 0% VAT on solar installations can significantly reduce the cost of going solar. Be sure to research local and national schemes that may apply to you.
