M&E Contrax Resources
Solar Panel Finance
Resource Highlights:
Finance can help spread the cost of renewable upgrades rather than paying everything upfront.
We partner with Ignition Credit and Star Asset Finance to offer specialist renewable energy finance routes.
Finance may be available for solar panels, battery storage, commercial solar, heat pumps, LED lighting and EV charging.
The best option depends on whether the project is domestic or commercial and what you are installing.
Renewable energy finance with M&E Contrax and Ignition Credit
For many homeowners and businesses, the biggest barrier to installing solar panels is not whether the system makes sense, it is how to fund it in a practical way.
That is why M&E Contrax has partnered with Ignition Credit, who provide specialist financial solutions to the renewable energy sector, and with Star Asset Finance to offer renewable energy finance options that can help make your project more manageable.
Whether you are planning solar panels for your home, a commercial rooftop system, battery storage, heat pumps, EV charging points, or a wider upgrade programme, finance can help you move forward without delaying the benefits of improved efficiency and reduced reliance on the grid.
What can you finance?
Through our renewable finance partners, funding solutions may be available for:
Commercial solar installations
If you are planning a multi measure upgrade, for example solar plus battery, or solar plus EV charging, we can help you shape a package that fits your goals and timeline.
Why consider finance for solar and renewables?
Finance is not just about affordability. For many customers it is about making the project achievable at the right time, particularly when:
you want to act now rather than waiting
you want predictable monthly payments
your business prefers to preserve cashflow
you are installing multiple measures together
you are improving a property portfolio
The right finance structure can also help businesses plan upgrades across multiple sites or phase work in a controlled way.
Domestic vs commercial finance, what changes?
Finance for homeowners
Homeowners often use finance to:
spread the cost of a solar PV install
add battery storage without delaying the project
build a future ready system for EV charging or heat pump upgrades
A domestic quote and design plan is the starting point. From there, finance can be explored based on what you are installing and what you want the payments to look like.
Finance for businesses
Businesses often look at finance for:
commercial rooftop solar
battery storage to support site demand
LED upgrades across large premises
EV charging installations
heat pumps for offices, warehouses, hospitality or mixed use buildings
For commercial sites, the key is building the finance conversation around the project scope and the operational benefits, including efficiency improvements and long term energy planning.
How the finance process works
Survey and proposal
We assess your site and provide a clear design and quote for the renewable system you want.
Finance options discussion
We share the project details and help you explore suitable finance options through our partners.
Application and approval
We share the project details and help you explore suitable finance options through our partners.
Installation and commissioning
Once approved, we schedule the installation, complete commissioning, set up monitoring, and provide handover documentation.
Aftercare and support
We remain your point of contact for system performance, monitoring and future upgrades.
What affects finance suitability?
Finance providers may consider factors such as:
whether the project is domestic or commercial
the equipment and scope of work
site ownership and permissions
credit checks and affordability criteria
business structure and trading history, where applicable
We will help you gather the information needed so the process is clear and straightforward.
Grants and funding that may be available
Alongside finance options, there may also be grants or funding schemes available depending on what you are installing, where you are based, and whether the project is domestic or commercial. These schemes can help reduce upfront costs or make upgrades more achievable.
Heat pumps, Boiler Upgrade Scheme (BUS), England and Wales
If you are installing a qualifying heat pump system in England or Wales, support may be available through the Boiler Upgrade Scheme (BUS). Eligibility depends on the property and installation route, and the safest way to confirm suitability is during survey and quotation.
Solar panels and battery storage
Solar and battery funding varies depending on the type of customer and the scheme in place at the time. In many cases, households and businesses can still benefit through:
exporting surplus electricity back to the grid, depending on your energy provider and tariff
business specific support routes where applicable
If you are unsure what applies, we can talk you through the current options alongside your quote.
Important note
Funding schemes and eligibility criteria can change at short notice. This information is correct to the best of our knowledge at the time of writing, but we always recommend checking the latest details on official government websites and confirming eligibility during your survey and quotation.
What affects finance suitability?
Finance providers may consider factors such as:
whether the project is domestic or commercial
the equipment and scope of work
site ownership and permissions
credit checks and affordability criteria
business structure and trading history, where applicable
We will help you gather the information needed so the process is clear and straightforward.
Common finance questions we get
Often yes. Some customers start with solar only and upgrade later, while others prefer a battery ready setup from day one. We can advise on the best approach based on your usage and goals.
In many cases yes, depending on the provider and scope. Common bundles include solar plus battery storage, or solar plus EV charging.
Yes, commercial projects are often where finance is most helpful, because it supports cashflow and planned upgrades without waiting for a full upfront budget cycle.
Yes. Our renewable energy finance options may be available for heat pumps as well as solar and battery storage.
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