Re-power your business

Solar funding options

We want to make sure solar is available to everyone. Find the best funding option to transform your business by generating your own green energy!

Funding

What are the funding options?

Hire Purchase

Spread the cost of your solar panels over 5 years, with no upfront cost.

  • Repay through fixed monthly payments over a typical period of 5 years. We’ll do our best to make sure your monthly instalments are lower than the energy you’re saving, so you could start saving with solar from day 1. Once repaid, the solar energy you’re generating will be free!

  • You’ll pay nothing upfront, and we’ll take care of the maintenance and operations of the panels whilst you pay off the loan. Once you’ve repaid, you own the panels which will last for 30 years – nice!

Power Purchase Agreement

With a Power Purchase Agreement (PPA) you don’t have to pay for the installation, maintenance, or ownership of the system. You only pay for the solar electricity generated by the system at a fixed and competitive rate.

  • We rent your roof from you and install your solar panels at no cost to you. We’ll take care of the operation and maintenance of the solar panels for the duration of the agreement at no additional cost. You’ll then buy the solar power generated by the panels at a fixed and competitive rate, only paying for what you use. The rate will be adjusted annually for inflation. The agreement term is typically 20 years, and you’ll be able to enjoy reduced electricity bills and a stable energy supply for the duration of the agreement. At the end of the term, you’ll be able to either extend the PPA or take ownership of the solar panels from us at no cost – or have the system removed.

  • You’ll notice immediate savings on your electricity bill, paying less for the solar electricity than for electricity from the grid. You’re also protected from future price shocks. With no upfront costs, you don’t have to worry about investing any money into the system, and there’s no need to worry about installation, maintenance, or ownership costs – nice!

Get in touch

Ready to transform your business with solar energy?

Contact us using the form below to start your journey towards a greener future.

FAQs

  • With a Hire Purchase, you borrow money from Utilita to pay for the installation and ownership of the solar panels. You’ll pay the loan back with interest over a period of time, usually around 5 years.

    With a PPA, you pay for the solar electricity generated by the system at a fixed and competitive rate. Utilita will own and operate the system at zero cost to you. You’ll pay less for your solar electricity than what you’d pay for electricity generated by the grid, and you’re protected from future price shocks.

  • The more energy you consume, the more you save! Importing less energy from the grid means you’ll have a much lower electricity bill. Most customers earn back their initial solar investment within 5 years, but we’ll work with you to model the return on investment and payback period.

  • If you opt for a loan you own all the electricity generated by the solar panels. If you generate more energy than you need, we’ll buy back any electricity you don’t use at a fixed rate.

    If you take out a PPA you’re buying the solar energy you use from us.

  • Yes! All energy consumed from solar panels will have a zero carbon footprint. There are no carbon emissions associated with producing electricity from solar panels once you have them installed. With green energy, you can work towards your net zero targets!