If the upfront payment of installing a renewable energy system is unfeasable for you, leasing a system may be the solution.
You can now secure renewable energy for your property without any initial outlay and no upfront costs. Instead, fixed quarterly payments are made which, in the majority of cases will be less than the earnings and savings generated by the system for that period. This will allow you to earn a surplus income during the lease period, and substantially more thereafter.
The renewable energy equipment can be leased between 3-5 years, depending on which finance scheme you choose. Typically, the lease payments for most customers will be less than the savings and income from the system, therefore effectively self financing. The payments for the lease are fully tax deductable.
Once the lease period has come to an end, the system will be yours to keep, thus meaning the revenue you receive on the system will increase substantially. Leasing is currently only available to non-domestic customers, although we anticipate it becoming available for domestic customers in the near future.
Leasing is available for biomass boilers, heat pumps, solar thermal systems and solar PV (photovoltaic) panels.