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Pay monthly finance for solar, battery, boilers, heat pumps and EV chargers

UKEM offers FCA-regulated pay-monthly finance on solar, battery storage, heat pumps, boilers and EV chargers. Spread the cost at 9.9% APR Representative over up to 15 years, or take 0% interest-free credit over 12 to 24 months on selected boilers and battery storage. Neither option requires a deposit, both use fixed monthly payments, and we handle the paperwork.

From

£42/mo

£3,930 over 15 years at 9.9%APR Representative

FCA regulated
Get your exact figure
Get a quote Call 0800 222 9494
9.9%APR
Representative, all products
0%
Selected boilers & battery storage
Up to 15 years
Flexible repayment terms
No deposit
Required on any option
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Finance options

How much will I pay each month?

You can always pay in full at the quoted price. If you prefer to spread the cost, there are two finance options below. Neither requires a deposit. Credit subject to status and affordability.

Pay Monthly Finance

9.9%APR Representative
All products

Fixed monthly payments on solar panels, heat pumps, and boilers over 3 to 15 years, or on EV chargers over 3 years. You pick the repayment term and the rate stays the same for the full agreement. Interest is charged on this option.

  • Terms from 36 to 180 months
  • Fixed interest rate for the full term
  • No deposit required (optional up to 50%)
  • Option to make overpayments at any time

Representative Example

Cash price£5,000
Deposit£0
Amount of credit£5,000
120 monthly payments of£65.80
Rate of interest9.90% p.a. fixed
9.9%APR Representative
Total charge for credit£2,895.86
Total amount payable£7,895.86

Illustrative example based on a 10-year term. Terms available from 36 to 180 months. Available on all products. Your monthly payment and total payable will vary depending on the term and installation cost.

Interest Free Credit

0%
Selected boilers & battery storage

Pay for selected boilers or battery storage in 12 to 24 equal monthly instalments with zero interest. The total you repay is the same as the cash price.

  • 12 to 24 fixed monthly payments
  • No interest charged at any point
  • No deposit required (optional up to 50%)
  • Total payable equals the cash price

Worked Example

Cash price£5,000
Deposit£0
Amount of credit£5,000
24 monthly payments of£208.33
Rate of interest0% p.a. fixed
Total charge for credit£0
Total amount payable£5,000

Illustrative example based on a 24-month term. Available on selected boilers and battery storage installations over 12 to 24 months. Your monthly payment will depend on your total installation cost and chosen term.

What can I finance?

Which home energy products can I finance?

The 9.9%APR option covers all six. 0% interest-free credit is available on selected boilers and battery storage.

Solar Panel & Battery Storage

Finance a full solar and battery system. Most installations pay for themselves in 7 to 10 years through energy savings.

9.9%APR Representative 3-15 years

Solar Panels

Finance a solar-only system. Generate your own electricity and cut daytime grid costs, with the option to add a battery later.

9.9%APR Representative 3-15 years

Battery Storage

Add a home battery to new or existing solar. Store off-peak or surplus power and use it through the evening peak.

9.9%APR Representative 3-15 years
0% Interest free 1-2 years

Air Source Heat Pump

Finance a heat pump and combine it with the BUS grant (up to £7,500) to reduce the amount you borrow.

9.9%APR Representative 3-15 years

Gas Boiler Replacement

Fixed monthly payments at 9.9%APR Representative, or 0% interest-free credit over 12 to 24 months on some boilers.

9.9%APR Representative 3-15 years
0% Interest free 1-2 years

Home EV Charger

A home charger is one of the lower-cost installations. Finance keeps even a small amount off your card.

9.9%APR Representative 3 years
Before you apply

Who can apply for finance, and what happens next?

Who can apply

You must be 18 or over, a UK resident, and able to make regular monthly repayments from the lender's eligible source of income. Getting an install quote does not run a credit check. When you apply for finance, online or with our team, the lender runs a full credit check as part of the application, which is recorded on your file. No deposit is required. If you prefer, you can put down an optional deposit of up to 50%. Minimum finance amount is £1,000.

Is UKEM finance FCA regulated?

Your finance is arranged through an FCA-authorised credit broker. You have a 14-day cooling-off period after signing and full consumer protections. If you have a complaint about your credit agreement, raise it with the lender first; if you remain unsatisfied, you can escalate free of charge to the Financial Ombudsman Service. Independent guidance on credit agreements is available from MoneyHelper.

How quickly will I get a finance decision?

You can apply online for an immediate decision, or we can take you through it. Most applications complete in a few minutes, with a same-day outcome in most cases.

Not approved? Other options available

Finance is subject to status and affordability, so not every application will be approved. If you are not successful, our team can discuss alternative payment arrangements.

Get a fixed price and see your monthly payment

Answer a few questions about your property and we will send you a fixed quote. From there you can pay in full or choose one of the two finance options above.

Get my free quote Call 0800 222 9494
Common questions

Finance questions homeowners ask us

What is the difference between the two options?

They are two separate finance products. The pay monthly option (9.9%APR Representative) is available on all our products and lets you spread the cost over up to 15 years with interest. The 0% interest-free option is available on some boilers and battery storage, over a 12 to 24 month term with no interest charged. You choose one or the other when you apply.

Is the 0% option really interest free?

Yes. With the 0% option, no interest is charged at any point during the 12 to 24 month agreement. The total you repay equals the cash price of your installation.

Will I need to pay a deposit?

No, neither option requires a deposit. If you prefer, you can put down an optional deposit of up to 50% of the total price to reduce your monthly payments. The minimum finance amount is £1,000.

When will my first monthly payment be taken?

Your first payment is normally collected by Direct Debit around one month after your installation is completed and signed off, not when you apply or when the agreement is signed. The exact date is confirmed in your credit agreement before you commit.

Will applying affect my credit score?

There are two separate stages, and only one involves a check. Getting a price for your installation doesn't touch your credit file at all. Applying for finance does: it runs a full credit check that's recorded on your file. You can apply online for an immediate decision, or we can take you through it, so that check only happens once you choose to go ahead. This is standard for any regulated credit agreement.

Can I pay off the finance early?

Yes. You can settle either agreement early at any time. On the 0% option you simply pay the remaining balance. On the 9.9%APR option you may save on interest by settling early. You can also make overpayments at any time to reduce the outstanding balance.

Who provides the finance?

UK Energy Management Group Ltd is an Appointed Representative of Shermin Finance Limited, trading as STAX, which is authorised and regulated by the Financial Conduct Authority. Shermin Finance Limited acts as a credit broker, not a lender. Full details of the lender will be provided as part of your credit agreement.

Can I combine finance with a government grant?

Yes. If you are eligible for a grant such as the Boiler Upgrade Scheme, the grant amount is deducted from the total cost first. You can then finance the remaining balance using either option. See our grants advice hub for current schemes.

How much can I borrow?

The minimum loan amount is £1,000 and the maximum is £25,000. If you pay an optional deposit, the finance amount after the deposit must still be at least £1,000.

What if I have a complaint about my finance?

If your complaint relates to the credit agreement, raise it first with the lender named on your agreement. If you are still not satisfied with their final response, you can escalate free of charge to the Financial Ombudsman Service (FOS) at financial-ombudsman.org.uk or 0800 023 4567. The FOS is independent and its findings may differ from those of TrustMark, the Consumer Protection Association, or RECC, which cover the installation rather than the credit.

Read the full finance FAQ for APR, eligibility, and representative examples.

Homeowner at home using a smartphone with a debit card, reviewing payment options