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Sunsave raises £113m to install solar panels using a subscription model, allowing homeowners to spread costs and save on energy bills.

Jul 20, 202512 days ago

Amount Raised

£113 Million

LondonEnergy

Investors

Former Chief Executive Of Marks & SpencerFormer Conservative Party Treasurer

Description

Sunsave has secured £113 million to facilitate solar panel installations on residential homes. The company provides a subscription model with no upfront costs for customers. This funding will help Sunsave cover installation, servicing, and battery replacements. Homeowners can save an average of £525 annually by choosing Sunsave’s innovative financing option.

Company Information

Company

Sunsave

Location

London, England, United Kingdom

About

Sunsave is a provider of a CA-authorised solar subscription service founded in 2022, making rooftop solar accessible to the mass market. The Sunsave Plus subscription removes upfront installation costs while providing comprehensive installation, monitoring, and maintenance services.

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Funding Insights

Based on industry data
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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
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