Funding

Start your project with £0 upfront.

Funding is the biggest hurdle for most sites. Three routes remove it — fixed payments often covered by the savings the system makes on your electricity bills.

£0upfront cost on every funding route
£150Kapply without financials up to this level*
10year terms on rental and hire purchase agreements
7–30year Power Purchase Agreement terms, with buyout at any time

Three routes. One outcome: your energy, funded.

Rental agreement.

  • £0 upfront — buy solar and battery equipment through Novalux without capital outlay
  • Apply without financials up to £150K*
  • Novalux installs the system
  • Fixed payments for the agreed term (up to 10 years) — often covered by the savings on your electricity bills
  • Novalux owns the equipment; you have the option to buy it at the end of the agreement

Hire purchase agreement.

  • £0 upfront — buy solar and battery equipment through Novalux without capital outlay
  • Apply without financials up to £150K*
  • Novalux installs the system
  • Fixed payments for the agreed term (up to 10 years) — often covered by the savings on your electricity bills
  • You hire the equipment until the final payment, when the system transfers to you
  • The system sits on your balance sheet as an asset and liability throughout the term

Power Purchase Agreement.

  • The PPA provider sells electricity to you at an agreed rate — generally lower than your current rate
  • The system is owned, maintained and insured by the provider
  • Monthly costs based on energy generated — generally lower than your current energy supply
  • 7–30 year term, with the option to buy the provider out at any time

*Subject to credit criteria and approval.

Which route fits your business?

It depends on your balance-sheet preference, tax position and how long you want the commitment. Your Quick Quote comes with the numbers for each route side by side — and remember, qualifying spend typically attracts up to 100% year-one tax relief through capital allowances on owned routes.

Get the funded numbers for your site.

Tell us about your site and we'll come back within 24 hours with the system design and the funding routes side by side.

quick quote in 24hrs · full proposal within 5 days of survey