So Energy announces solar payment plan with Hometree to provide solar panels from £75 per month

So Energy has announced the launch of a new solar power payment solution in partnership with Hometree Finance, enabling homeowners to spread the cost of installing solar panels from as little as £75 per month*, just in time for energy customers to plan ahead of April’s increased Ofgem price cap.

With Hometree Finance’s innovative solar lease, consumers can spread the cost of their solar panel installation over 5-25 years, and will have access to unique benefits – such as all-inclusive cover for maintenance and repairs throughout the contract lifetime, and full replacement protection that promises to replace any equipment that fails during the plan term at no extra cost.

The cost savings of solar energy already speak for themselves, with So Energy reporting that customers can save up to 70% on their energy bills by using the energy they generate through their panels. As a clean and renewable energy source, solar power also offers homeowners the opportunity to significantly reduce their carbon dioxide emissions – the average home in the UK can save around one tonne of carbon per year by installing solar panels[1].

The Solar Plan is available to both new and existing So Energy customers in England and Wales looking to upgrade to solar power. To receive a quote, consumers simply complete a short home survey and can then apply online through Hometree Finance. Offers are subject to status and finance agreement, with installation by So Energy’s expert engineers within 4-6 weeks.

Ben Smith, Head of Solar and Storage at So Energy, says: “We are so excited to be announcing the launch of the Solar Plan in partnership with Hometree – one of our long-standing partners in home cover – to bring solar power closer to home for our customers. We feel strongly that renewable energy should be accessible to all energy customers across the country, and this offer is designed to encourage solar panel uptake in pursuit of the UK’s net-zero goals, whilst giving customers complete peace of mind over their investment.”

So Energy’s partnership with Hometree began in 2023 with the launch of its Home Cover offering, providing customers with a simple way to protect their homes. This collaboration is now expanding to offer customers a new, accessible route to generating their own electricity with solar power.

Nick Bellman, Group Director of Business Development at Hometree says: “We’re delighted to build upon our partnership with So Energy, to help more people transition to renewable energy and future-proof their homes. Installing solar panels and battery storage systems is appealing for homeowners facing high energy bills, but the upfront cost is a barrier for many. By enabling customers to spread payment while they benefit from the energy savings, our finance will make So Energy’s solar installations accessible to more households. And with monitoring and maintenance included for the plan lifetime, homeowners can make the switch to clean, green energy with confidence.”

For more information about the new solar finance option from So Energy, please visit https://www.so.energy/solar/hometree-solar  or email the press team at soenergy@thephagroup.com.

*Price varies, apply for your personal quote. Offers are subject to status and finance agreement.

[1]According to Energy Saving Trust: https://energysavingtrust.org.uk/advice/solar-panels/

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