Solar project for Parish Council cuts energy costs of village hall
|20 year Return||£22,000|
|Payback||8 years (12% return)|
|Bill Saving||£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 April, 2012) or, for our heating products, the existing fuel type available to the property.
A village hall and community centre on the outskirts of Lincoln, Coleby Village Hall serves a busy community. With a regular nursery and playgroup, its high usage meant they were looking for ways to save money and cut electricity bills.
With money to invest to improve their green credentials, Coleby Parish Council also wanted to move towards more sustainable energy solutions. This was also a great way for the Coleby community to see the benefits of using an alternative and renewable energy source.
For this installation EnergyMyWay used high quality REC panels with a Power One inverter on a tiled roof. Coleby Parish Council are seeing a return on investment of 12% from the solar installation.