Despite an initial slow down, after the latest Feed in Tariff cuts, the domestic renewable energy sector is picking up momentum again. Government figures for January 2016 show 18,772 solar PV installations, compared to a figure of 8,527 during the same period last year (based on number of installations in the UK ≤ 4kW, source DECC Solar PV Deployment 25th Feb 2016). The sector is maturing, stabilising and showing sustainable growth, so why have so many lenders left this space?

Domestic purchasers often look to obtain finance in order to spread the cost of their investment in renewable energy products over a term that suits their budget. Being able to offer a loan through a third party lender gives retailers a safe and secure financing option that helps ensure they maximise sales conversion.