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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.
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
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:
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.
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
To be eligible for the Eco Home Reward, you’ll need to meet these criteria:
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.
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:
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.
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.
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:
We can help you with this stage – just ask us for the information you need.
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.
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.
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.
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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