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December 12, 2023

Hometree Hits Milestone: £1.5M in Solar Plan Contracts Signed in 2 Months

Hometree’s biggest decarbonisation plan to-date is off to a flying start with £1.5 Million worth of Solar Plan contracts signed in just two months.

Since the start, Hometree has been serious about transforming the way millions of people heat and power their homes. Right now, boiler home heating accounts for 38% of all UK gas use in the UK. If the UK is going to meet its net-zero targets this has to change. We believe that by becoming a trusted boiler and home heating partner today and creating affordable solutions to help people transition, we are perfectly placed to empower change when our customers are ready.

A big part of reducing our addiction to fossil fuels is by increasing the amount of power homes can generate from sustainable solar power.

In autumn 2023, we launched our new Solar Plan under our Hometree Finance division and have already recorded a huge demand and uptake in our first two months. The benefits are clear: our zero-deposit, monthly payment plan eliminates upfront costs for a new solar and battery system. Customers can spread the cost while they enjoy energy savings. And with lifetime system monitoring and repairs included, homeowners can confidently switch to cleaner, greener power.

As of December 2023, we had already secured £1.5m of signed agreements, promising a future where more homes are less dependent on fossil fuels for their energy.

CEO of Hometree Simon Phelan said:

 “The successful launch of the Solar Plan, with over £1.5m of signed leases […] has validated strong industry interest and signals a significant demand for finance products tailored to green retrofit measures.”

This brand new green financing option is currently available through Hometree Finance’s approved partners. More information can be found at hometreefinance.co.uk/solar/solar-plan

It’s just one of the many ways Hometree is trying to make it easier to decarbonise the home and help the UK reach its net zero targets.

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