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Finance Comparison Guide

Commercial SolarFinance Options

No upfront cost? Full ownership? Flexible payments? Compare every way to fund your commercial solar installation and find the right option for your business.

0% VAT on Solar
100% Capital Allowance
3-5 Year Payback
20%+ Annual ROI

Four Ways to Fund Your Solar Installation

Every business is different. Compare the options to find what works for your budget, cash flow, and long-term goals.

Best ROI

Cash Purchase

Upfront Cost

Full system cost

Monthly Cost

None

You Own It

Immediate

Contract

N/A

Advantages

  • Highest overall returns - you keep 100% of savings
  • Full ownership from day one
  • Eligible for 100% capital allowance (AIA)
  • 0% VAT on installation (until 2027)
  • No ongoing finance payments
  • Full Smart Export Guarantee income

Considerations

  • Requires upfront capital investment
  • Business carries maintenance responsibility
  • Ties up working capital

Best For

Businesses with available capital seeking maximum long-term returns and full tax benefits.

No Upfront Cost

Power Purchase Agreement (PPA)

Upfront Cost

None

Monthly Cost

Per-kWh rate (typically 10-18p)

You Own It

After 15-25 years (or purchase option)

Contract

15-25 years

Advantages

  • Zero upfront cost - start saving immediately
  • Guaranteed lower rate than grid electricity
  • Provider handles maintenance and monitoring
  • No technology risk - provider ensures performance
  • Predictable energy costs for contract duration
  • Option to purchase system at reduced price

Considerations

  • Lower overall savings than cash purchase
  • Long contract commitment (15-25 years)
  • Provider retains ownership during contract
  • May complicate property sale or lease changes
  • No capital allowance tax benefits for you

Best For

Businesses wanting solar benefits without capital investment, especially tenants or those preferring to preserve working capital.

Fixed Payments

Solar Lease

Upfront Cost

None or small deposit

Monthly Cost

Fixed monthly lease payment

You Own It

Purchase option at end of lease

Contract

10-20 years

Advantages

  • No or minimal upfront cost
  • Fixed monthly payments for budgeting certainty
  • You keep all electricity generated
  • Lease payments often less than energy savings
  • Option to purchase at lease end
  • Maintenance often included in lease

Considerations

  • Total cost exceeds cash purchase price
  • Fixed payments regardless of generation
  • Lease obligations affect balance sheet
  • May require credit approval
  • Early termination penalties apply

Best For

Businesses wanting predictable costs and the benefit of all generated electricity without full upfront investment.

Own It Sooner

Hire Purchase

Upfront Cost

10-20% deposit

Monthly Cost

Fixed monthly repayments

You Own It

After final payment (typically 3-7 years)

Contract

3-7 years

Advantages

  • Full ownership after repayment period
  • Capital allowances may apply from day one
  • Shorter commitment than PPA or lease
  • You keep all energy savings and export income
  • Monthly payments often covered by energy savings
  • Good balance of cost and ownership benefits

Considerations

  • Requires deposit (10-20%)
  • Interest charges increase total cost
  • Monthly payments during repayment period
  • Credit approval required
  • Business responsible for maintenance

Best For

Businesses wanting ownership benefits with manageable payments, especially those seeking tax advantages through capital allowances.

Side-by-Side Finance Comparison

How each option compares across the key metrics that matter

Metric
Cash Purchase
PPA
Lease
Hire Purchase
Upfront CostFullNoneNone/Low10-20% deposit
Monthly PaymentsNonePer kWh usedFixedFixed (3-7 years)
Who Owns the SystemYouProviderLessorYou (after final payment)
Total 25-Year CostLowestHighestMedium-HighMedium
Total 25-Year SavingsHighestLowestMediumHigh
Capital Allowance (AIA)Yes - 100%NoVariesYes - 100%
0% VAT BenefitYesVia providerVia lessorYes
Maintenance IncludedYour responsibilityYesUsuallyYour responsibility
Contract FlexibilityFull - no contractLow - 15-25 yearsLow - 10-20 yearsMedium - 3-7 years
Ideal Business SizeAny with capitalAny sizeMedium-LargeAny size

Understanding the Numbers

Cash Purchase Example: 50kW System

Installation cost£50,000
Annual electricity savings£15,300
Annual export income (SEG)£540
Year 1 tax saving (AIA)£12,500
Effective payback period2.4 years
25-year net profit£358,500

PPA Example: Same 50kW System

Upfront cost£0
PPA rate14p/kWh
Grid rate avoided34p/kWh
Annual saving (20p/kWh x 38,250 kWh)£7,650
25-year total saving£191,250

Which Option Saves Most?

Cash Purchase (25 years)£358,500
Hire Purchase (25 years)£310,000
Solar Lease (25 years)£240,000
PPA (25 years)£191,250

Based on a 50kW system, 34p/kWh grid rate, 85% self-consumption. All options deliver significant savings vs doing nothing.

Government Incentives

0% VAT on Solar (until 2027)

All commercial solar installations under 1MW qualify for zero VAT, saving up to 20% on installation costs.

Annual Investment Allowance (AIA)

Deduct 100% of solar installation costs against corporation tax in the first year. On a £50,000 system at 25% CT, that is a £12,500 tax saving.

Smart Export Guarantee (SEG)

Get paid for surplus electricity you export to the grid. Rates vary by supplier but typically 4-12p/kWh.

Enhanced Capital Allowance

Solar equipment qualifies for enhanced capital allowances, providing additional tax relief for energy-saving investments.

Find the Right Finance Option for Your Business

Our team will model every finance option against your specific energy usage, roof space, and financial goals. Get a personalised comparison with your free quote.