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Loans for PV in Teignbridge
Teignbridge District Council are offering low interest loans to households in their area with a limited disposable income to help pay for a solar PV system, so they can benefit from the feed in tariff for the life time of the system.
TDC will make an assessment of your household's financial circumstances; the amount and type of loan available will depend on the outcome of this assessment.
Assistance through a loan will be subject to an assessment of affordability to meet repayments and sufficient equity available upon which to secure the loan. The amount of loan provided will be subject to the cost of the technology being installed.
The term of the loan can be between 1 and 15 years, depending on each applicant's financial circumstances.
Loan interest rates are subsidised and owners only pay at a fixed rate of 3% throughout the term of the loan.
For more informaton visit their website or contact Zoe Farmer on 01626 361 101