For homeowners thinking about going green, the Lloyds Bank Eco Home Reward scheme is a golden opportunity. With up to £2,000 cash back available for installing renewable systems like air source heat pumps, solar panels, or battery storage, there’s never been a better time to make your home more energy-efficient – and more affordable to run.

However pair that with the £7,500 Boiler upgrade scheme grant and you have £9,500 towards your new Air Source heat pump system

So let’s break down how the Lloyds Eco Home Reward works, and how we can help you claim it.

Save up to £9,500 with the Lloyds Eco Home Reward How and Government grant BUS Scheme

Claim £9,500 Back with a Lloyds Eco Home Reward Installer & Government Scheme

Can I get the Lloyds Eco Home Reward cash back and still get the £7500 BUS grant

Yes you can, typically an air source heat pump system costs around £12,000 (£7,000–£15,000).

If you qualify for the Lloyds Eco Home Reward (see below) and the Boiler Upgrade Scheme you could get £9,500 meaning a new efficient heating system could cost you £2500.

Given that an average boiler install costs around £3500 it's a very compelling offer to Lloyds mortage customers

What Is the Lloyds Bank Eco Home Reward?

The Eco Home Reward is an incentive offered by Lloyds Bank to help mortgage customers fund improvements that reduce their energy use. Here’s how it works:

  • £2,000 cash back: When you install an air source heat pump through an eligible installer
  • £1,000 cash back: For solar panels or battery storage
  • £500 cash back: For insulation or double glazing

It’s a great way to cut upfront costs while preparing your home for the future. Pair it with the Boiler Upgrade Scheme or your local council’s green home grants and you could be covering a significant chunk of your installation cost.

Can i Claim for both Solar and Air Source heat pumps if i get both?

No,  it's important to note that you can only claim one reward per mortgage product. This means you cannot claim both the £2,000 for a heat pump and the £1,000 for solar panels on the same mortgage

Who Can Apply?

To be eligible for the Eco Home Reward, you’ll need to meet these criteria:

  • Be a Lloyds Bank mortgage customer – this includes first-time buyers, remortgages, and customers borrowing more on their existing mortgage.
  • Have a valid EPC rating:
  • If you're buying or remortgaging an energy-efficient home, the EPC should be A or B.
  • If you're upgrading your current home, it must have a minimum rating of EPC D.
  • Hold a Club Lloyds current account – which comes with additional benefits and no monthly fee if you pay in £2,000 or more each month.

If you’re unsure about any of the above, don’t worry, our team can help you check your EPC and guide you through eligibility.

The Application Process – Step-by-Step

Many people think applying for cash back will be a hassle – but it’s simpler than you'd expect. Here’s what the process looks like:

✅ Step 1: Choose Your Improvement

Decide whether you’re going for an air source heat pump, solar PV, battery storage, or insulation. If you’re not sure what suits your property best, give our friendly team a call. We’ll provide expert advice and a quote tailored to your home’s layout, energy usage, and budget.

✅ Step 2: Get a Personalised Quote

Wright Renewables will survey your property and provide a free, no-obligation quote. If you're installing a heat pump, we'll check whether you also qualify for the Boiler Upgrade Scheme grant of £7,500 – that’s in addition to the £2,000 Lloyds cash back.

✅ Step 3: Register with Lloyds Bank

Log in to the Eco Home Hub on the Lloyds website and register your intention to install an eco improvement. This step is crucial – the cash back only applies if you register before work begins.

You’ll be asked to:

  • Enter basic mortgage and personal details
  • Upload your EPC certificate
  • Submit your installer’s quote (that’s us!)
  • Confirm your expected install date

We can help you with this stage – just ask us for the information you need.

✅ Step 4: Complete the Installation

Once Lloyds gives you the green light, we’ll book your installation date. As one of OVO Solar & Heating’s trusted in-house partners, we deliver with no subcontractors – just our highly trained engineers who take pride in every install.

You’ll also get a full handover, warranty pack, and access to our local aftercare service, so you can relax knowing it’s all taken care of.

✅ Step 5: Submit Proof and Claim Cash back

After your install is complete, we’ll provide the final invoice and certification you need to upload to Lloyds. The cash back will then be sent either to your solicitor (if it’s part of a home move) or paid directly into your bank account.

It’s that easy. From first chat to final cash back, we’re with you every step of the way.

Why Work With Wright Renewables?

We’re not just another installer. At Wright Renewables, we’re a Worksop-based renewable heating installer with a reputation for doing things properly. As a trusted partner of OVO Solar & Heating, we share their values of sustainability, integrity, and long-term customer care.

“At Wright Renewables, we never cut corners. Every job is done to the highest standard, with no sub-contractors and no surprises.” – Lee Rolfe, Managing Director

We’ve helped hundreds of families and businesses across Nottinghamshire, South Yorkshire, Lincolnshire, and Derbyshire save money and reduce their emissions – and we’re ready to do the same for you.

Ready to Get Started?

If you’re a Lloyds Bank customer, you could be just a few steps away from a cheaper, greener, more energy-efficient home.

✅ Let us check your EPC
✅ Get a personalised quote
✅ Claim up to £2,000 cash back
✅ Enjoy lower bills for years to come

To speak with our expert team about the Lloyds Eco Home Reward, drop us a message via our contact page or call us direct. We’re here to help you make the most of every opportunity.

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