Solar Panel Finance Options
Investing in solar panels is a smart way to reduce your energy bills, lower your carbon footprint, and increase the value of your home. At Now EV, we believe that switching to renewable energy should be accessible and affordable, which is why we offer flexible finance options to help spread the cost of your solar panel installation.
Whether you want to pay over a short period with no interest or spread payments over several years, our finance options are designed to give you flexibility and peace of mind.
Spread the cost with flexible finance
At Now EV, we understand that customers may prefer to pay with finance, so we've partnered with established credit brokers, Ideal4Finance, to enable you to spread the cost with monthly payments.
Many customers choose finance as it allows them to begin benefiting from solar energy straight away, without the need for a large upfront payment. Monthly repayments can help make budgeting easier while you enjoy reduced energy bills from day one.
The following options are available, always subject to the lender's assessment:
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0% APR over 6 or 12 months
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9.99% APR over 24, 36 or 48 months
These options provide flexibility depending on how quickly you’d like to repay and whether you’d prefer interest-free or longer-term arrangements.
A deposit might be payable, and we will agree this before you begin your application.
Making Solar More Accessible
Why choose finance for your solar installation?
Financing your solar panels can offer several advantages:
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Spread the cost over manageable monthly payments
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Access renewable energy without paying the full amount upfront
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Choose from multiple repayment terms
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Potentially offset repayments with savings on energy bills
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Simple online application process
This makes finance a popular option for homeowners looking to move forward with solar sooner rather than later.
Trusted Finance From Ideal4Finance
Ideal4Finance helps thousands of people secure finance for their purchases. They use only reputable lenders and are Trustpilot-rated ‘Excellent’.
By working with a well-established and trusted finance partner, we ensure our customers receive a secure, transparent, and professional service throughout the application process.
You can apply online anytime, and decisions are made quickly. The final decision is based on your individual circumstances, including your personal credit profile, how much you want to borrow and the loan period.
This means you can explore finance with confidence, knowing your application is handled securely and responsibly by an experienced finance provider.
Representative Finance Example
Understanding how finance works in practice can be helpful when planning your investment.
Here is a representative example of a £5000 purchase made over 4 years with a 25% deposit:
Purchase price £5000; deposit amount £1250; total credit £3750; loan term 48 months; APR 9.99% (fixed); monthly repayment £95.09; total repayable £4564.40; total cost £5,814.40.
This example is provided to help you understand how repayments could look. Your own finance terms may differ depending on your circumstances and the options you choose.
Important Information About Finance
Before applying, it’s important to consider your financial situation carefully and ensure that the chosen repayment plan is right for you.
There are risks involved in taking out a loan and you should ensure you can make all payments on time and in full; failure to do so can lead to financial difficulties and have a negative impact on your credit score.
We encourage all customers to carefully consider their finances before applying and to choose a repayment option that is comfortable and sustainable for them.
How to Apply for Finance
Applying for finance is straightforward and can be done entirely online.
If you're ready to apply, please click here to begin the application process. If you need support with your application, please call Ideal4Finance on 020 3617 4647 (Mon to Fri, 9am to 5pm).
The application process is simple, secure, and can be completed online at a time that suits you.
Finance Calculator
If you’d like to explore potential repayments before applying, our finance calculator is a helpful starting point.
You can use our handy finance calculator here to find out more about the loan repayments.
Please note that this provides a guide only and the exact details will be confirmed during the application process.
Using the calculator can help you estimate monthly repayments before starting a full application.
Regulatory & Legal Information
Now EV Ltd is an Introducer Appointed Representative of Ideal Sales Solutions Ltd, t/a Ideal4Finance. Ideal Sales Solutions Ltd is a credit broker and not a lender (FRN 703401). Finance available subject to status.
The rate offered is always provisional and will depend upon your personal circumstances, the loan amount and the term.
This final paragraph is your IAR disclaimer, which must be included on your website even if you choose not to create a finance page