Back

Will I need to pay a fee to connect to the grid?

There could be a fee to connect to the grid a “G99, grid connection fee”. However this varies by DNO and type of installation and is not predictable in advance. Where fees have had to be paid they have been around 3.5% of the total installation cost. Otovo will manage the payment and process with the DNO and will directly apply the cost to customer on final invoice if the grid charges this.
Privacy PolicyTerms & ConditionsInitial Disclosure DocumentComplaints Policy

© Otovo 2023

Otovo Limited is an appointed representative of Product Partnerships Limited which is authorised and regulated by the Financial Conduct Authority. Product Partnerships Limited's Otovo Limited is an appointed representative of Product Partnerships Limited which is authorised and regulated by the Financial Conduct Authority. Product Partnerships Limited’s FCA registration number is 626349 and its address is Suite D2 Joseph’s Well, Hanover Walk, Leeds LS3 1AB. Product Partnerships Limited’s permitted business is to act as a Principal for a network of Appointed Representatives who arrange regulated credit facilities for customers who are purchasing goods from them.
Otovo Limited acts as a credit broker not a lender. We can only introduce you to Humm Group Limited (FRN: 954478) who may be able to offer you finance facilities for your purchase. We do not receive any commission for introducing customers to Humm Group Limited. You may be able to obtain finance for your purchase from other lenders and you are encouraged to seek alternative quotations. If you would like to know how we handle complaints, please ask for a copy of our complaints handling process. You can also find information about referring a complaint to the Financial Ombudsman Service (FOS) at (FOS) at financial-ombudsman.org.uk
Representative Example: For example for a PV solar system that costs £5,001 the monthly payment for a 4 year loan where the interest rate is 9.99% and the APR is 10.45% is expected to be £126.80 and the total interest paid over the entire period of the loan is expected to total £1,085.52.