Consumer Finance for Renewables
When finance lenders pulled away from offering consumer finance for renewables due to the ever-increasing mis-selling issue that was plaguing the industry, the Energy Performance Validation Scheme (EPVS) was pivotal in reintroducing them to the marketplace.
In addition to stringent reviews of their contractual paperwork and marketing materials, EPVS checks quotation paperwork its members provide to their customers to ensure all quoted performance-related figures and savings illustrations are accurate, achievable, and not misleading.
As an independent certification scheme, this level of assurance gave lenders the confidence to once again offer finance to consumers for renewables.
Key Benefits of EPVS Membership
- Combats mis-selling to consumers
- Consumers feel confident when making a purchase
- Helps move the UK closer to Net Zero Carbon homes
- Safeguards the industry's reputation
- Reduces potential consumer complaints
