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A power purchase agreement (PPA), or electricity power agreement, is a contract between two parties, one which generates electricity (the seller) and one which is looking to purchase electricity (the buyer). The PPA defines all of the commercial terms for the sale of electricity between the two parties, including when the project will begin commercial operation, schedule for delivery of electricity, penalties for under delivery, payment terms, and termination. A PPA is the principal agreement that defines the revenue and credit quality of a generating project and is thus a key instrument of project finance. There are many forms of PPA in use today and they vary according to the needs of buyer, seller, and financing counterparties.

There are currently no interest free loans, specifically for residential solar panel installation, in the UK. However, there are many reduced interest options available for people wanting to invest in green energy solutions.

If you are looking at installing solar panels on your small business residence you may be able to apply for an interest free loan through The Carbon trust. Your business must be in Wales or Northern Ireland. If you have a small business in England they offer other, low interest finance options.

How can I finace my Solar and Battery storage 

We can arrange finance on you PV or battery system,we are regulated by the F.C.A, interest rates and term of loan can be tailored to suit your needs 

Representitive Example

Cash Price: £8000

Deposit Amount (if applicable): £1000
Total Amount of Credit: £7000

Duration of the Agreement: 36 months

Amount of each repayment of credit Annual rate of Interest: Variable) £1119.51

Representative APR: 9.9% fixed

Total Amount Payable: £9119.51

Status Disclosure of Improveasy Appointed Representative

ECO-LECTRICAL LTD 786929  is an Appointed Representative of Improveasy Ltd., a company registered in England and Wales (Co. Reg. number 7807352).

Registered Office: Manchester Business Park, 3000 Aviator Way, Manchester M22 5TG. The firm is authorised and regulated by the Financial Conduct Authority (FRN 708623). The firm is authorised as a Lender (limited only to green deal finance plans). It also acts as a Broker, not a Lender, and offers credit facilities from a panel/one lender. The credit is subject to application and status.

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