FINANCE OPTION
Boiler Upgrade Scheme (BUS)
The Boiler Upgrade Scheme (BUS) is a government-backed grant that provides £7,500 towards the cost of installing an air source heat pump, helping to make low-carbon heating more affordable for homeowners and businesses.
At Solar Xtra, we handle the BUS application process on your behalf, making it simple and hassle-free. Our team will guide you through eligibility and ensure everything is in place—so you can maximise the available funding while upgrading to a more efficient, future-proof heating system.
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FINANCE OPTION
Capital Expenditure (CAPEX)
Capital expenditure (CAPEX) is when a business invests its own funds upfront to purchase and own a solar panel and battery storage system outright. This means there are no ongoing finance payments, and you benefit from the full value of the energy savings from day one.
By choosing CAPEX, businesses can significantly reduce electricity costs, protect against rising energy prices, and generate strong long-term returns. The system also becomes a tangible asset on your balance sheet, supporting both financial performance and sustainability goals.
In many cases, solar and battery systems may qualify for capital allowances, meaning a proportion of the investment could be offset against taxable profits. As tax treatment varies depending on individual circumstances, we recommend seeking advice from a qualified accountant or tax advisor.
CAPEX is ideal for businesses looking to take full control of their energy costs while turning energy spend into a long-term investment.
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FINANCE OPTION
Power Purchase Agreements (PPA)
A Power Purchase Agreement (PPA) allows your business to benefit from solar energy with little to no upfront cost. Instead of purchasing the system, a third-party provider installs and maintains it on your site, and you simply pay for the electricity it generates—typically at a lower rate than your current energy supplier. This means immediate cost savings, protection against rising energy prices, and reduced carbon emissions, all without capital investment or maintenance responsibility.
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FINANCE OPTION
Smart Export Guarantee (SEG)
The Smart Export Guarantee (SEG) allows you to earn money from the excess electricity your solar system generates. Any unused energy is exported back to the grid, and energy suppliers pay you for it—helping to further reduce your overall energy costs. With SEG, you not only save on your bills but also maximise the return on your investment by turning surplus energy into an additional income stream.
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