Solar panels commercial business installations offer both fantastic returns on the investment, as well as hedging against future energy price rises and reducing your CO2 emissions. Returns of over 16% and payback in fewer than 5 years are not uncommon. When combined with LED lighting your energy savings can be very significant.
As reporting our carbon footprints and reducing our carbon emissions become a key aspect of business, especially those looking at building partnerships with suppliers and retailers , installing renewable energy system can help you. With ISO: 14001 increasingly a prerequisite for many partnerships, installing a Solar PV system and LED lighting alongside implementing your environmental management plan is the logical step to make.
If you do not wish to invest yourselves Sol Energy works with several investment partners who will pay for the installation in return for a PPA ( power purchase agreement) where you agree to purchase the power you use for a reduced price ( around 50% lower than you are currently paying).
The PPA will rise each year by the RPI (average forecast is 2.6%) whilst energy bills have risen on average 9% over the last 10 years. This means that a 250kW system will save around £250,000 over 20 years, 500kW around £600,000 and 1MW around £1,200,000 over the 20 years.