New and improved solar panels for innovative housing association
New and improved solar panels for innovative housing association
| 20 year Return | £32,000 |
|---|---|
| Payback | 8 years (12% return) |
| Cost | £12,800 |
| Bill Saving | £300 p.a. |
| Income | £1,300 p.a. |
| Carbon Offset | 2,000 Kg p.a. |
Return is calculated using combined bill savings and subsidy earnings. Bill savings are calculated using estimated energy usage and either the electricity price at the time of installation (1 March, 2011) or, for our heating products, the existing fuel type available to the property.
Giroscope is an award-winning social enterprise based in Hull who provide housing, training and employment. The charity take pride in their green credentials and they approached EnergyMyWay with a view to replacing their 15 year old solar panels with a more up to date and efficient Solar PV system.
EnergyMyWay installed a 3.76kWp system of Romag modules on a tiled roof which generates an income of £1,300 and annual savings of £320.
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