Are you looking to make your home greener and slash your energy bills but worried about the upfront cost of low-carbon technology? Good news! You could significantly reduce your investment thanks to cashback offers from major UK banks when you install a heat pump or solar energy system with Carter Renewables.
Your Home Upgrade Just Got More Affordable
Installing sustainable technology like air source heat pumps and solar panels with a battery is one of the smartest long-term investments you can make for your property and the planet. And did you know? Your mortgage provider may be willing to help you fund it!
By working with Carter Renewables, you can access these fantastic financial incentives that reward homeowners for choosing energy-efficient upgrades.
Cashback Rewards Explained
Several leading UK financial institutions are now offering substantial cashback rewards to their mortgage customers when they complete qualifying home energy improvements.
- For Heat Pumps: Homeowners with eligible mortgages could receive up to £2,000 in cashback when they choose a heat pump installation.
- For Solar Panels and Battery Storage: Switching to solar could net you up to £1,000 in cashback.
In this month’s blog, we’ve taken a closer look at some of the leading banks’ cashback rewards schemes, and summarised the best ones for you in one place (thank us later!)
So Which Banks Offer The Best Cashback?
| UK bank | The deal | Qualifying criteria | More Information |
| Lloyds | Apply for your mortgage deal by 24 November 2025 and get a FREE heat pump and standard installation by Octopus Energy | Eligible for the Boiler Upgrade Scheme Have a Club Lloyds current account Install the heat pump within 1 year of completing on your mortgage | Eco home offers | Mortgages | Lloyds |
| Barclays | Barclays are offering a one-time cash reward of up to £2000 to help with the cost of adding solar panels, insulation, a heat pump and more to your home. | An eligible residential Barclays mortgage A direct debit for mortgage payments Choose a MCS-certified installer (us!) | Greener Home Reward | Barclays |
| Halifax | Halifax are offering up to £2000 cashback for a heat pump installation, solar panels or a battery system and a free Energy Performance Certificate (EPC). | Apply for, or switch to, a Halifax mortgage after 31st July 2024 Have a Halifax or Bank of Scotland current account Complete the home improvement within 1 year of completing on your mortgage | Green living offers | Mortgages | Halifax |
| Virgin Money | If you borrowed more on your Virgin Money mortgage before 30th June 2025 and invested in eligible green home improvements, you could claim £250 cashback. | Spent over £2500 on green home improvements Registered for the Green Reward by 30th June 2025 Claim your cashback by 31st December 2025 | Green Reward | Mortgages | Virgin Money UK |
The Carter Renewables Advantage
When you choose Carter Renewables for your installation, you’re not just getting a high-quality, professional service – you’re streamlining your path to a greener, more affordable home:
- Heat Pump Experts: We install efficient heat pump systems that can dramatically cut your heating costs compared to a traditional gas boiler.
- Solar Power Solutions: Our solar and battery installations ensure you generate your own clean electricity and maximise your savings by storing power for when you need it most.
- Hassle-Free Process: We guide you through the entire process, from initial assessment to final installation, and ongoing monitoring, service and maintenance, ensuring your system is perfectly suited to your home for years to come.
Maximise Your Savings
This bank cashback is an excellent starting point, but it’s not the only way to save! Don’t forget to factor in other government incentives, such as the Boiler Upgrade Scheme (BUS) grant for heat pumps, which can provide a significant deduction from the total cost.
By combining the bank cashback, government grants, and the long-term energy bill savings from your new system, the switch to clean energy with Carter Renewables has never been more financially sensible.
Ready to upgrade your home and claim your bank reward?
Contact Carter Renewables today for a free, no-obligation quote and start your journey to a lower-carbon, lower-cost home!