
UK businesses across various industries are increasingly turning to solar energy to reduce energy costs and support sustainability goals. Solar panel financing provides an accessible way to fund solar panel installation without a large upfront investment. For example, a UK manufacturing business used solar panel financing to install a £35,000 system, saving £10,000 annually on energy bills and reducing their carbon footprint. In this guide, we’ll explore the benefits of solar panel financing for UK businesses, the steps to get started, and how NexGen Business Finance can help you transition to green energy while saving money. Solar panel financing offers a cost-effective way to adopt renewable energy, providing both financial and environmental advantages. Here are the key benefits: Financing your solar panel installation with NexGen Business Finance is straightforward and efficient. Follow these steps to get started: Financing terms typically range from 3 to 10 years, depending on the loan amount and your business’s financial situation. NexGen can help you find a term that suits your needs. Yes, bad credit may not be a barrier, as some lenders focus on your business’s revenue and potential savings from solar energy. NexGen can help you find suitable options. In the UK, you may qualify for tax reliefs like the Annual Investment Allowance (AIA) or the Smart Export Guarantee (SEG), which pays you for excess energy fed back to the grid. Installation typically takes 1-2 weeks for commercial properties, depending on the system size and complexity. Your installer will provide a detailed timeline during the planning phase. Maintenance costs are generally low, often around £200-£500 per year for cleaning and inspections. Many systems come with warranties of 20-25 years, covering major repairs. Solar panel financing with NexGen Business Finance makes it easy for UK businesses to transition to green energy, reduce energy bills, and contribute to a sustainable future. Contact us today to explore your financing options and start saving.Solar Panel Financing for UK Businesses
Benefits of Solar Panel Financing for UK Businesses
Steps to Use Solar Panel Financing
Frequently Asked Questions
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