Help lower energy bills with solar panels

Installing solar panels at your home may help improve your energy efficiency and reduce your energy bills. If you qualify for the Eco Home Reward, you could get cashback towards the cost of solar panels or a battery.

 

Our latest solar offer

We’ve teamed up with Effective Home, a trusted and accredited supplier of solar panels and batteries.

Our offer includes:

  • free consultation and personalised quote
  • £750 discount for all Lloyds customers
  • £1,000 cashback for eligible mortgage customers that qualify for the Eco Home Reward.
Get quote from Effective Home

  • Lloyds isn’t responsible for the improvements carried out by your selected supplier. Lloyds releasing the money to you doesn’t guarantee the quality of work done by the supplier. It’s up to you to make sure you’re happy with any improvements carried out. Lloyds can't guarantee the costs, savings or affect on your EPC rating. You’re responsible for making your own decision.

    You agree Lloyds might contact you with reminders about this Reward and for research purposes.

    Lloyds reserves the right to change or withdraw the Reward at any time.

Get started with solar power for your home

How it works

Get started and receive your discount with Effective Home, follow these 3 steps.

Get a quote

Request a quote from Effective Home through our website. Just share a few property details, and they’ll contact you at your convenience.

Get quote from Effective Home

Free home survey

Effective Home will carry out a free home survey and give a quote, including estimated savings.

Get your discount

Effective Home will apply the £750 discount automatically to your quote when you register through our website.

Lloyds normally receive a 6% commission from Effective Home for successful referrals, but this won’t affect the price you pay. Your quote document will list any commission values.

Eco Home Reward for Lloyds mortgage customers

 

£1,000 cashback for solar panels

With our Eco Home Reward, Lloyds mortgage customer could receive £1,000 cashback when installing solar panels or a battery with an accredited installer.

Once your installation is complete, simply submit a claim to get your cashback.

If you use our recommended installer, Effective Home, and register through our website, you’ll also get the £750 discount offer. This would bring your total savings to £1,750.

We also offer customers eligible for the Eco Home Reward cashback a free Energy Performance Certificate (EPC) once your installation is complete.

Check if you qualify, and upload your invoice through your Eco Home Reward.

Eco Home Reward

  • To qualify for the Eco Home Reward, you must:

    • have completed on your mortgage, additional borrowing or deal switch in the last 12 months
    • be a residential owner-occupier of the property. This reward excludes buy-to-let properties.

    Once you have completed, you’ll have a year to complete your qualifying home improvement and submit a claim along with a final and paid invoice.

    You can see your claim deadline in your Eco Home Reward account, where you’ll also have the option to request a 60-day extension if needed.

    You can only claim for one improvement for each new mortgage, additional borrowing or new deal.

    Your invoice will need to show: 

    • your full name
    • the address where the work was carried out
    • the installer’s name and address
    • a full description of the completed work
    • the invoice date
    • the total amount
    • that the work has been paid in full or details of any payment plan that’s been entered into.

    To redeem the free Energy Performance Certificate (EPC) offer, you must:

    • receive a successful claim confirmation in your Green Living journey
    • schedule an EPC assessment directly with our chosen supplier in your Green Living journey.

    You’ll have 3 months following a successful claim to schedule the assessment. There’ll be an additional month window on top of this for the assessment to take place.

    The EPC assessment must be completed on the same property you claimed your Reward on.

    Other important information

    Lloyds isn’t responsible for the improvements carried out by your chosen supplier. Lloyds releasing the funds to you doesn’t guarantee the quality of work done by the supplier. It’s up to you to make sure you’re satisfied with any improvements carried out. Lloyds can’t make any guarantee about the costs of the work needed, any savings that can be made, or the impact on your EPC rating. You’re responsible for making your own decision.

    You agree Lloyds might contact you with reminders about this Reward and for research purposes.

    Lloyds reserves the right to change or withdraw the Reward at any time.

You could lose your home if you don’t keep up your mortgage repayments

Why we've partnered with Effective Home

We've teamed up with Effective Home to make installing solar energy easier for our customers.

 
  • Over 15 years’ experience of installing solar panels and batteries.
  • Rated ‘Excellent’ on Trustpilot.
  • 25-year warranty on solar panels.
  • Accredited by the Microgeneration Certification Scheme (MCS). 
Visit Effective Home
 

Why we've partnered with Effective Home

We've teamed up with Effective Home to make installing solar energy easier for our customers.

  • Over 15 years’ experience of installing solar panels and batteries.
  • Rated ‘Excellent’ on Trustpilot.
  • 25-year warranty on solar panels.
  • Accredited by the Microgeneration Certification Scheme (MCS). 
Visit Effective Home

What are the benefits of solar power?

Boost energy performance

A good Energy Performance Certificate (EPC) rating could improve your property’s value.

Help lower your energy bills

Sunlight is free. So, after the cost of the installation, you could see your energy bills reduce.

Improve energy efficiency

A typical solar installation could save around 1 tonne of carbon per year, depending on where you live in the UK.

Source: Energy Saving Trust

Sell energy to the grid

If you have a solar battery you could sell the excess energy you create back to the National Grid as part of the governments Smart Export Guarantee.

What might I save?

Typical annual bill savings

A standard 3 to 4kW solar PV system without a battery could save you £400 to £700 a year on a typical UK home, by combining bill reduction and Smart Export Guarantee (SEG) income.1

With higher electricity prices at the 2026 Ofgem cap, many households see £600 to £1,000 a year, depending on usage patterns and SEG tariff choice.2

Sources: 1 Prostar Energy, Money Saving Expert, 2 Eco Energy Source, UK Calculator

Electricity bill reduction

Without a battery, solar typically covers 30 to 50% of a household’s electricity demand, rising to 70%+ with battery storage.1

Electricity bills are commonly cut by 20 to 50%, with some homes achieving up to 80% reduction where daytime usage aligns with generation.2

Source: 1 Sunbright Energy, Eco Energy Source, 2 Energy Saving Trust

Things to consider about solar panels

Are solar panels right for my home?

Solar panels will work for most homes.

Things like the direction, angle and size of your roof will affect how much energy you’ll capture.

  • Roofs facing south with minimal shading from trees or buildings are the most efficient.
  • Solar panel systems facing east or west tend to capture 15 to 20% less energy than south-facing systems.
  • The more panels the better. A 10 to 20m2 roof can deliver up to 45% of an average household’s electricity.

Find out more on how they work from Energy Saving Trust.

The cost of solar panels

The cost of your installation depends on the number of panels you choose to install and whether you include a home battery in your system.

The standard price of an 8-panel system with a battery at Effective Home is around £8,500, including installation.

You could claim a discount if you use our trusted installation partner Effective Home.

If you’re an eligible Lloyds mortgage customer, you could also claim £1,000 cashback on your solar panels or battery with the Eco Home Reward.

Do solar panels need maintenance?

Solar panels can last at least 25 years, making them a great way to save energy in the long-term.

Remember that if you have a solar inverter, you need to replace this after around 12 years.

Source: Energy Saving Trust

Let’s look at the details

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