Lendus.

Battery Storage Finance

Finance commercial and industrial battery energy storage systems from £40,000 to £1,500,000+, for peak shaving, backup and grid services. HP, lease, or refinance, compare rates from 40+ lenders.

Can you finance a battery storage?

Yes, battery storages are financed as a standard asset purchase, usually on hire purchase or a lease, with the machine itself acting as the security. UK prices typically run £40,000 to £1,500,000, and most deals are written over 12–84 months with a deposit of around 10–20%. Decisions typically take 24–48 hours. Used machines are financeable too, usually with a shorter term.

200+ UK lenders
2-minute application
No credit check to apply
FCA-regulated brokers

Typical Cost

£40k – £1500k

Approval Speed

24–48 hours

Grid-services income can offset repayments

Rates From

4.8% APR

What would a battery storage cost per month?

£250,000
10%
60 months
9%
£0

Your estimate

Indicative only. Not a quote and not an offer of finance.

Pre-filled with a typical battery storage price. Indicative only, not a quote.

Compare battery storage finance rates from 200+ lenders

Check Eligibility

Finance options

Hire Purchase (HP)

Rate
From 5.2% APR
Term
12–84 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Businesses wanting to own the battery and any grid-services income

Finance Lease

Rate
From 4.8% APR
Term
12–84 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Tax-efficient, claim 100% of payments against profit

Operating Lease

Rate
From 5.8% APR
Term
24–60 months
Deposit
None required
Ownership
Return at end
Best for
Upgrade as battery chemistry and controls evolve

Representative example

On a purchase price of £250,000: a 10% deposit of £25,000, then 48 monthly payments of £5,274 at 5.9% APR representative (fixed). Total amount payable £278,152, including the deposit. The rate you are offered depends on your business and the asset.

What buyers actually specify

Guide prices for sizing a finance agreement, not quotes. Manufacturers in this market mostly price on application, so where a current UK list price could not be confirmed the row describes a specification class rather than naming a model. Your supplier quote is what the agreement is written against.

Machine or specification Guide price Type
GivEnergy Commercial Battery (100kWh) £45,000 – £65,000 Behind-the-Meter BESS
Alfen TheBattery (720kWh) £180,000 – £260,000 Containerised BESS
Sungrow PowerTitan 2.0 (2.5MWh, containerised) £450,000 – £650,000 Utility/C&I BESS
Huawei LUNA2000 Commercial Cabinet (215kWh) £90,000 – £130,000 Modular Cabinet BESS

Ready to compare battery storage finance? 2 minutes, no credit check.

Check Eligibility

Tax benefits

Battery storage systems generally qualify as plant and machinery for capital allowances, so a business can typically set some or all of the cost against taxable profits through the Annual Investment Allowance or other first-year reliefs, subject to your company's total qualifying spend for the year. Ask your accountant to confirm current treatment before finalising the finance structure.

Market context

The typical buyer is a business with either a large, spiky electricity demand it wants to smooth (peak shaving), an existing solar array it wants to use more of on site, or a site where a grid connection upgrade would otherwise be needed to add more load or generation. Some commercial batteries also participate in third-party grid or flexibility services, trading stored power back to the grid or a supplier at times of high demand, which can generate a return on top of any on-site savings; whether that income is meaningful for a given site depends on the contract terms available and should be modelled with the service provider rather than assumed. Battery size is usually set by the load profile the system is meant to manage, so a proper site survey before ordering matters more than headline capacity.

Bad credit?

Several of our 200+ lenders specialise in businesses with imperfect credit histories. You may need a larger deposit or personal guarantee, but options exist. Checking your options here does not affect your credit score, because we do not run a credit search to match you. A lender will run their own checks only if you decide to apply.

Compare rates from 200+ lenders, takes 2 minutes.

Check Eligibility

Frequently asked questions

What is commercial battery storage typically used for?
The three most common uses are peak shaving (discharging the battery during expensive demand periods to reduce the peak charge on an electricity bill), storing surplus on-site solar generation for use after dark, and providing backup power during outages. Some systems are also enrolled in grid flexibility or demand-response schemes run by energy suppliers or network operators, which can add a further income stream, though the value of this depends on the specific contract available at your site.
Can battery storage income cover the finance repayments?
It can, particularly where a battery is combined with solar or enrolled in a flexibility contract, but the amount depends heavily on your site's demand profile, tariff structure and whatever grid-services contract is available at the time. Rather than promising a fixed return, we'd recommend asking your installer or energy consultant to model expected savings and any flexibility income against the specific finance repayment schedule before you commit.
What deposit is needed for commercial battery storage finance?
For hire purchase, most lenders ask for 10–20% deposit. Finance leases and operating leases typically require no deposit. Because battery technology and pricing move quickly, some lenders prefer shorter terms or an operating lease structure for larger installations, so you can refresh the system as costs and chemistry improve rather than being locked into ageing hardware for a long fixed term.
Does battery storage need planning permission?
Smaller behind-the-meter systems installed inside or against an existing building typically don't need separate planning permission, but larger containerised systems, particularly free-standing units on open land, may do depending on size, location and local authority rules. Fire safety and battery chemistry are also increasingly scrutinised by installers and insurers, so it's worth confirming compliance requirements with your installer before finance is drawn down.
How quickly can I get battery storage finance?
Most applications under roughly £75,000 are approved within 24 to 48 hours once a supplier quote and recent accounts are provided. Larger containerised systems, especially where grid connection studies or planning consent are still pending, typically take longer, as underwriters usually want the technical specification and any connection agreement finalised before releasing funds. Having your accounts, bank statements and a signed supplier quote ready before you apply generally shortens the process, as underwriters otherwise have to pause and request the same documents before they can issue a decision.

Related equipment finance

More energy & sustainability finance

See how lenders treat energy & sustainability assets

Guides and resources

Ready to finance your battery storage?

Compare rates from 200+ lenders. No credit check.

Check Eligibility →
Check Eligibility, 2 min, no credit check