Heat pump finance spread the cost with monthly payments

Spread the cost of your OVO air source heat pump installation with flexible finance options via Tandem Bank.

Grant compatible - if eligible, you can apply for the Boiler Upgrade Scheme or Home Energy Scotland Grant.
Flexible terms - choose a repayment plan that suits your budget. Pick from 5, 10, or 20-year terms for your heat pump system.
Green regulated lender - finance is provided by Tandem Bank, an specialist UK bank. A secure way to fund your heat pump.

See finance plans

Heat pump finance calculator

Enter the estimated price of your heat pump system

9.5% APR terms

5 years

10 years

20 years

£25025% max

Monthly finance repayment

Total amount of credit

Deposit

Duration (months)

APR (Annual Percentage Rate)

Total cost of credit

Total amount payable

Finance is not guaranteed. Subject to terms and eligibility. OVO Solar & Heating is a broker, not a lender.

Representative example if the total installation cost was £10,000: Total order value: £10,000. Loan duration: 10 years. Upfront deposit: £500. Total amount of credit: £9,500. Representative APR: 9.5%. Rate of interest: 9.1% (fixed). Total cost of credit: £5,008.83. Total amount payable: £15,008.83. Monthly payment: £120.91.