Ulster Bank and Solarcentury are offering three-year discounted mortages for homeowners who fit PV panels

Ulster Bank has started offering half price ‘solar mortgages’ to homeowners.


The special deal offers a three-year mortgage discount to those who install photovoltaic panels.

The 50% discount off the bank’s variable rate can be claimed by both new and existing customers.

Ulster Bank has teamed up with solar energy company Solarcentury to provide the package.

The bank is the first in the UK to launch an initiative to encourage energy saving measures. It advises customers they can save up to £253 a year by installing solar panels.