Hometree offers heat pump finance
16th June 2024
UK: Energy services company Hometree has raised £250m of debt financing from Barclays to accelerate green home improvements with “pay as you save” finance for UK homeowners.
The scheme will apply to the installation of solar panels, battery storage systems and heat pumps through a range of lease and loan products.
With the zero-deposit payment plans including system monitoring and repairs, Hometree maintains that homeowners will even be able to “pay as they save”, with the forecasted savings they make through reduced energy bills exceeding their monthly payments.
Available at the point of sale through accredited installers, the company expects the zero-deposit leases and loans to enable it to install over 28,000 renewable energy systems in the next two years.
