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| Which is the best way to finance solar panels? |
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| Without doubt the most financial benefit you will achieve through investing with solar will come if you invest your own money. With interest rates being so low and electricity prices continuing to rise so much there has never been a better time to invest. By taking your savings out of your bank or building society you can expect to get as much as 15-18% net return on your investment every year. |
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| With the current feed in tariff levels giving exceptional financial incentives you could be paying back your residential or commercial system within 6-8 years and will have the rest of the 25 year FIT period to benefit from the generation revenue, electricity savings and export income; of which being indexed linked so therefore protecting your investment returns. |
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| If you are unable to fund your solar PV system yourself, the returns can still be very lucrative if you were to obtain a loan or there is always the option of free solar! |
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| There are three main funding options to consider: |
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| Self Funding; The best way to pay for a solar pv system is to use your existing savings if you have them available. |
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| Energy Efficient Loans; The Energy Efficiency Financing scheme is available to all kinds of businesses and organisations. Financing from Siemens Financial Services can be arranged from 1,000 pounds, and there are potentially no upper limits. |
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| No Capital Solutions - Solar Leasing. For those no wanting to invest their own money in solar we have plenty of people that are prepared, if you roof space is suitable (needs to be south facing) to pay for the cost of installation. You will get the benefit of either free or reduced rates for your electricity in return for having the panels on your property, with the investor claiming the FIT and export tariffs. |
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| Click here for your Free Solar Astroenergy Consultation |
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