Yes. Solar photovoltaic arrays, battery storage, biomass boilers, heat pumps, EV charging infrastructure and, in some cases, small wind installations can be financed. CW Asset Finance works with lenders active in this area, including for farm and commercial rooftop solar.
These projects are usually justified on the energy saving, so the finance is often structured so payments sit against the reduction in your bills. That comparison only holds if the projected generation or saving is realistic, so treat supplier projections with caution and ask what assumptions they rest on. Energy prices, output and any incentive schemes can all change over the life of the agreement, and the payments will not.
There is a practical complication with anything fixed to a building or the ground: once installed it may become part of the property, which affects the lender’s security and can require the landlord’s or mortgagee’s consent. Sort that out before you order, not afterwards. If you do not own the site, the position needs checking carefully.
On tax, businesses can normally claim capital allowances on qualifying plant and machinery, and renewable equipment often sits within that. Several routes exist — the Annual Investment Allowance, writing-down allowances, and enhanced reliefs the government introduces from time to time for particular asset classes, including energy-efficient and renewable kit. What applies to you depends on the asset and on how it is financed: under hire purchase the business is usually the one that claims, whereas under a finance lease the allowances normally stay with the lessor.
Availability, rates and limits are set by government and change, so we do not quote them and we are not accountants. Check the current position on gov.uk and take advice before you build any tax assumption into your decision. Terms depend on the lender’s assessment and your circumstances, and approval is never guaranteed.
This is general information, not tax advice. Confirm your own position with your accountant or HMRC.