Solar Grants for Home Owners
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Solar panels for homeowners can cost between £4,000 and £10,000 depending on the size of your house.
Although this is a high upfront cost, an average household pays for their solar panels within 5-8 years and can add over 25% of their property’s solar PV purchase value. This investment means that solar panels can begin paying for themselves for up to 30 years (their typical lifespan).
Several government grants have been put in place to support homeowners with the initial cost and to encourage other homeowners to invest in solar and other sustainable practices.
Current grants in the UK
Below is a table of grants and discounts available to homeowners seeking renewable energy. Geo Green Power encourage homeowners to reach out to their local schemes to see if they’re eligible.
Grants/discounts | How much can you save on your bills? | What makes you eligible? | Additional finance information |
ECO4 | Depending on the installation, homeowners can save up to £1500 a year with the ECO4 scheme. | Claiming the following makes you eligible:
| You can save up to 40% on your energy bills with the ECO4 scheme. |
The Home Upgrade Grant Phase 2 (HUG2) | The grant can fund a range energy saving improvements, which will help cut your energy bills and reduce your carbon emissions. |
| It can cover up to 100% of the cost of installing your solar panels. |
Smart Export Guarantee | There are 4 different SEG tariffs. You will receive different rewards based on what kind of customer you are. The tariffs are as follows: Next Export, Next Export Exclusive, Next Export Premium, Next Export Premium Plus | If you have one of the following:
| You will be paid for every unit of electricity you feed back to the grid. |
We plant a tree for every quote we produce
Did you know you can support reforestation efforts with Geo Green Power? We’ll plant one tree for every quote we produce! Simply request a free quote and we’ll take care of the rest.
What is a community-funded solar panel scheme?
A community-funded solar panel scheme is where a community groups together to invest or manage solar panels so that the local area will benefit. This way everyone can enjoy the benefits of solar without the need for ownership.
Advantages of a community-funded solar panel scheme
Saves you money on your energy costs.
It’s highly accessible to people who may not have been able to single-handedly afford solar panels.
Promotes clean energy and helps to improve the community’s sustainable credentials.
There are no upfront costs to enroll in a community solar programme.
Case studies
Got a question about domestic grants?
Where can I find more information about community funding?
If you’re seeking a general community funding scheme, your local council should be able to provide you with information regarding the grants and projects available.
Although we service businesses on a national scale, our Nottinghamshire County Council also have a local communities fund (LCF) to support the delivery of projects that contribute towards the Nottinghamshire Plan Vision and Ambitions.
GrantFinder is a grant funding platform for nationwide community projects. A couple of Midlands-based energy grants GrantFinder provide for include:
Royal Leamington Spa - Climate Change grant
West Northamptonshire- UK Shared Prosperity Fund: Net Zero West Northants
Government & Local Authority solar panel finance schemes
A Feed-in Tariff is a solar grant that pays owners of energy systems a specific amount to export their own electricity to the grid. This scheme ended in 2019, but there are several other Government grants available to help homeowners purchase solar.
The Green Deal: energy saving for your home
Helps you make energy-saving improvements to your home and find the best way to pay for them.
Solar Together
This scheme is for homeowners and renters living in a participating council area.
Smart Export Guarantee (SEG)
Homes with a Microgeneration Certification Scheme (MCS) certificate, or equivalent document. Installation must include an export meter and have a maximum capacity of 5MW.