E.ON launches 12 month interest free payment plan for ‘E.ON Solar and Storage’ – a technology that could make households £630 better off a year
At E.ON, we’re committed to providing smarter, sustainable solutions for our customers and to making these as affordable as possible. That’s why we’ve launched our 12 month interest free payment plan which gives people the opportunity to install innovative, renewable technology through E.ON Solar and Storage without having to pay for it in one go.
E.ON has launched a new interest free payment plan to help spread the cost of installing ‘E.ON Solar and Storage’ over 12 monthly payments1.
By using rooftop solar PV panels to convert sunlight into electricity and storing this in an at-home battery, E.ON Solar and Storage users can either use the power generated immediately or save it to use when the sun goes down – ideal for the longer winter nights.
The newly-launched interest free payment plan allows people to spread the cost of installing E.ON Solar and Storage across 12 monthly payments1. E.ON Solar is available to homeowners who own their roof in selected geographic regions2, regardless of whether their energy is supplied by E.ON. The payment plan has been launched to offer people more flexibility when it comes to paying for the installation of solar panels and battery technology.
By installing E.ON Solar and Storage, people could save significant amounts on their electricity bills – roughly £190 a year for people who install solar panels and around £400 per year for people who fit both solar panels and battery storage3. E.ON Solar and Storage users can also earn money through the Feed-in Tariff, meaning that when combined with both Solar PV panels and battery storage, users could be £630 better off each year3.
Gavin Stokes, Head of Commercial Solutions at E.ON, said: “At E.ON, we’re committed to providing smarter, sustainable solutions for our customers and to making these as affordable as possible. That’s why we’ve launched our 12 month interest free payment plan which gives people the opportunity to install innovative, renewable technology through E.ON Solar and Storage without having to pay for it in one go.
“We’re constantly looking for ways to make energy easier for our customers – in both the short and long term. From smart meters to our new interest-free solar and battery offering, we’re demonstrating our dedication to providing people with simple solutions developed with the customer in mind.”
E.ON Solar and Storage was launched in April 2017 and offers:
An easy to use app – ‘E.ON Solar Manager’ – which enables users to see what they’re generating, saving, earning and storing;
A 25-year performance warranty on the solar panels4 and warranties covering the battery for 10 years;
A performance guarantee, available with some systems, so if the amount generated drops below what E.ON quoted for the design, E.ON will pay the difference;
Access to a team of advisors who can help answer any queries before, during and after the installation.
Homeowners should visit eonsolar.co.uk to enter details about their home, using E.ON’s calculator to find out how much E.ON Solar and Storage could cost and what they could save and earn from it. After they’ve registered their interest, an E.ON Solar and Storage advisor will visit the customer’s home, at a mutually agreed date and time, to undertake a suitability survey to ensure solar and storage is the best solution for their property.
Notes to editors
Payment plan is subject to application and credit status and you must be a UK resident aged 18 or over to apply. Offer only available to new Solar and Storage customers. Terms and conditions apply.
E.ON Solar and Storage is currently available in the following areas: Midlands, Herefordshire, Bedfordshire, Oxfordshire, Gloucestershire, Sussex, Wiltshire, Berkshire, Surrey, parts of Somerset, Buckinghamshire, South Yorkshire, Lancashire, Northumberland, Durham, Hertford, Hampshire, Kent and Cambridge, Cornwall, parts of Devon Norfolk, Suffolk, Cheshire and Shropshire . E.ON aims to offer E.ON Solar and Storage more widely later this year.
These are example figures only. Savings are based on a south-facing property in central England with a 40 degree roof tilt and no shading, with a consumption of 4900 kWh. It assumes fitting 12 x 320w panels and a 9.6 kWh battery plus a deemed export of 50%. FIT rates based on installs between 1st October 2017 and 31st March 2018.
Every home, area, consumption and solar panel and battery system is different so customers are urged to go to eonsolar.co.uk to find out how much they could save with E.ON’s online solar calculator.
Properties with thatched roofs are unsuitable for E.ON Solar and Storage. As solar PV and battery systems vary in size, generation and storage capacity, an E.ON Solar and Storage advisor would help customers choose the best system for their needs and for their property. The smallest size battery is slightly larger than a VCR player and a battery can be stored in most places such as a garage, utility room or even under the stairs.
The PV solar panels are all covered by a 25-year performance warranty and a 10-12 year materials and workmanships warranty. This will vary depending on the panel type. More information can be found at: eonsolar.co.uk/.
For more information contact:
Jag Bickham, 02476 181 308, email@example.com
Fiona MacGregor, 07976 374 161, firstname.lastname@example.org
The information (including any forecasts or projections) contained in this press release (the "Information") reflects the views and opinions of E.ON on the date of this press release. The Information is intended as a guide only and nothing contained within this press release is to be taken, or relied upon, as advice. E.ON makes no warranties, representations or undertakings about any of the Information (including, without limitation, any as to its quality, accuracy, completeness or fitness for any particular purpose) and E.ON accepts no liability whatsoever for any action or omission taken by you in relation to the Information. Any reliance you place on the Information is solely at your own risk. This press release is the property of E.ON and you may not copy, modify, publish, repost or distribute it. © E.ON 2017