Did you know that you can finance 100% of your system and be cash flow positive from day one? 

The benefits of solar are clear, and whether your objectives are financial or environmental, it can help businesses to grow and invest further into their operations. In fact, a portion of our orders are from repeat customers who have added to their solar array after expanding their business premises or acquiring a new site. 

With electricity prices rising and unpredictable in the long term, investing in a system that generates electricity at 5p/kWh for the next 25 years is the sensible choice. We have been installing solar PV systems for high energy using businesses across the UK for over 15 years, and we have worked with many businesses seeking finance for commercial solar. 

Commercial solar finance options

It's safe to say that we have seen the positive effects of solar firsthand, but we do understand that the initial investment can seem daunting to business owners. With this in mind, we have partnered with Smart Ease to offer finance for commercial solar. We provide detailed desktop surveys at no cost with no obligation to move the conversation forward. This conversation is key to finding out what size system suits your business needs, and ultimately the investment you would need.

Get your free survey

 

Your commercial solar funding options

There are three ways we see UK businesses funding their solar project:

Capital Expenditure 

The option with the best financial returns over the lifetime of the system and will keep your payback period short. If your business has the funds to spend, you will own the system outright and receive the highest return on your investment. Although the initial outlay is relatively high (depending on the system size), you won't incur interest as you would with a finance agreement, keeping your costs as low as possible. 

Asset finance

Asset finance provides a practical route to solar with no upfront capital investment. Through our finance partner, Smart Ease, the cost of the installation is spread over a fixed term, allowing businesses to benefit from lower energy costs while preserving cash for other priorities.

This is where our belief that "Doing Nothing Costs More" comes into play. Rather than continuing to pay rising electricity costs indefinitely, asset finance can enable businesses to start generating their own lower-cost electricity and begin realising savings without a significant initial outlay.

For many businesses, the future cost of solar and finance repayments can be lower than the cost of continuing to rely solely on grid electricity.

There are two types of asset finance available through Smart Ease: a rental agreement and a hire purchase agreement. The main difference is ownership. With a hire purchase agreement, ownership transfers to your business once the final payment is made, whereas under a rental agreement the equipment remains owned by the finance provider.

For this reason, the majority of installations we deliver using asset finance are structured as hire purchase agreements, allowing businesses to work towards full ownership of the solar asset whilst benefiting from reduced energy costs throughout the term.

Power Purchase Agreement (PPA)

When you finance a commercial solar PV system with a PPA, the system is owned by the finance provider, who is also responsible for maintaining it. Because the system is owned by the PPA provider, they will sell the energy to your business at an agreed rate throughout the term of your agreement. The cost of solar energy used here can be claimed as a tax-deductible expense. Through our finance partner, the business has the opportunity to buy the system during the term of the agreement. 

If you're having discussions about finance for commercial solar installation, our team are happy to advise. 

Discuss finance options

 

Commercial Case Studies

Take a look at what we have been up to recently

Case Studies Icon Crowcon

Crowcon
Crowcon
Case Studies Icon ServerHouse Ltd

ServerHouse Ltd
ServerHouse Ltd
Case Studies Icon Fosseway Garden Centre

Fosseway Garden Centre
Fosseway Garden Centre
Case Studies Icon IBL Cold Stores

IBL Cold Stores
IBL Cold Stores
Case Studies Icon JJ Foodservice Ltd

How a successful solar installation at one depot led to a fully managed 3.73MWp rollout across 10 JJ Foodservice distribution centres nationwide.

JJ Foodservice Ltd
JJ Foodservice Ltd
Case Studies Icon Holdsworth Foods

How Mypower’s right-first-time delivery led to an ongoing solar partnership with Holdsworth Foods, with 673.68kWp installed across three sites.

Holdsworth Foods
Holdsworth Foods
Case Studies Icon Castell Howell Foods

Castell Howell Foods
Castell Howell Foods
Case Studies Icon Donaldson Timber Systems

Donaldson Timber Systems
Donaldson Timber Systems
Case Studies Icon Bannister Transport

Bannister Transport
Bannister Transport
Case Studies Icon AJK Cold Stores

How Mypower’s phased approach to roof replacement and solar enabled AJK Cold Stores to deliver an award-winning 1.78MWp installation across two energy-intensive sites.

AJK Cold Stores
AJK Cold Stores
Case Studies Icon Bennetts Ice Cream

Bennetts Ice Cream
Bennetts Ice Cream
Case Studies Icon Cotswold Farm Park

Cotswold Farm Park
Cotswold Farm Park
Case Studies Icon The Shirt Factory

The Shirt Factory
The Shirt Factory
Case Studies Icon Taj Foods

Taj Foods
Taj Foods
Case Studies Icon R Sinclair Transport

R Sinclair Transport
R Sinclair Transport
Case Studies Icon Alpha Colour Printers

Alpha Colour Printers
Alpha Colour Printers
Case Studies Icon Laithwaites Wine

Laithwaites Wine
Laithwaites Wine
Case Studies Icon Delaney Mackay Lewis Ltd

Delaney Mackay Lewis Ltd
Delaney Mackay Lewis Ltd
Case Studies Icon E.A Chamberlain LLP

E.A Chamberlain LLP
E.A Chamberlain LLP
Case Studies Icon Far Peak

Far Peak
Far Peak
Case Studies Icon William Gilder Ltd

William Gilder Ltd
William Gilder Ltd
Case Studies Icon Hugh Symons Information Management

Hugh Symons Information Management
Hugh Symons Information Management
Case Studies Icon Monssi Ltd

Monssi Ltd
Monssi Ltd
Case Studies Icon Allen Fabrications Ltd

Allen Fabrications Ltd
Allen Fabrications Ltd
Case Studies Icon Rocket Rentals Ltd

Rocket Rentals Ltd
Rocket Rentals Ltd
Case Studies Icon Stow-on-the-Wold & District RFC

Stow-on-the-Wold & District RFC
Stow-on-the-Wold & District RFC
Case Studies Icon Wiles Greenworld Ltd

Wiles Greenworld Ltd
Wiles Greenworld Ltd

"Mypower’s price in the tender process was competitive and, following my research on them and verifying their references, I awarded Mypower the contract based on professionalism, attention to detail and price as well as their complete project management offering. 

Making any new investment in technology that is an unknown to you takes a lot of research, meeting numerous suppliers and getting a consensus of target results to be achieved. After my detailed research I always felt a roll-out to a bigger system was likely. I engaged with an engineer to help me with the final selection. Ben Harrison of Mypower worked hard to gain the order, then planned and installed the system with a very high degree of professionalism. We are very happy with the results to date."

Stuart Wilson, General Manager, Bako Western