Q&A – Consumer Credit Solutions

Andy - Outside1

What have you got planned for the next 12 months?
Our priority is to get more funders interested in financing solar PV and renewables technology. We already have a panel of lenders that are very enthusiastic supporters and we have another lender that’s about to participate in the market imminently. We also have a couple of negotiations underway that might result in further finance options for the solar sector, including the provision of second line lending aimed at underwriting consumers who may have failed finance through a primary lender.

What do you see as the growth area in renewables?
We’ve certainly seen continued growth in the domestic solar PV sector but we’re a long way off market saturation, you only have to look around to realise most people still aren’t utilising their roof space. In rural communities biomass is a definite growth area, particular since the RHI has come into play.

A particular area of interest is the storage of energy generated via solar. I believe reliable, low maintenance battery storage that’s competitively priced is something that would really engage a lot of people.

How is your company cutting its carbon footprint?
The CCS management team definitely ‘walk the talk’. Myself, I’ve invested in solar panels, a ground source heat pump and rainwater harvesting at home.  My business partner Peter Nicholson is also benefitting from solar panels, ground source heating and solar thermal at his home.  He’s also recently bought a hybrid car which will cut emissions for business trips.

Andy Wallace is managing partner at Consumer Credit Solutions