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Govenment cheap loans 2026 for solar panrels

Gussybear
Gussybear Posts: 1 Newbie
in Energy
I'm considering solar panels and battery storage for my home. Is oit worth waiting untill April 2026 gor new loan scheme? 

Comments

  • QrizB
    QrizB Posts: 22,408 Forumite
    10,000 Posts Fifth Anniversary Photogenic Name Dropper
    It'll probably be 2027 before the scheme is live.
    If you qualify for a zero-interest credit card you can get a free loan today.
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Kirk Hill Co-op member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 35 MWh generated, long-term average 2.6 Os.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
  • Whoopeed00p1
    Whoopeed00p1 Posts: 2 Newbie
    First Post
    My family member has been offered a loan for solar panels but as on low income there is a suggestion it may be funded by the government under the new scheme. Should they wait to avoid an unnecessary loan over many years. 
  • WiserMiser
    WiserMiser Posts: 606 Forumite
    500 Posts Name Dropper
    edited 23 January at 10:28PM
    Whoopeed00p1 said:
    My family member has been offered a loan for solar panels but as on low income there is a suggestion it may be funded by the government under the new scheme. Should they wait to avoid an unnecessary loan over many years. 
    Welcome to the forum.
    If it's from a flyer through the letterbox, an ad on Facebook etc, be very wary.  There are lots of dodgy solar installers who will promise the sun, moon and stars to get you to sign up.
    Instead look for a Trading Standards Approved supplier via your local council's website (not Check A Trade).
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