Solar PV earns Kent Distribution Company £6,000 a year
Solar PV earns Kent Distribution Company £6,000 a year
| 20 year Return | £120,000 |
|---|---|
| Payback | 7 years (15% return) |
| Cost | £40,000 |
| Bill Saving | £2,500 p.a. |
| Income | £3,500 p.a. |
| Carbon Offset | 13,000 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 January, 2014) or, for our heating products, the existing fuel type available to the property.
Commotion Distribution is a supplier of high quality, innovative educational products designed to stimulate and enhance teaching. With electricity bills continuing to rise, the company was looking for a lower cost solution and also hoped to achieve high returns on an investment in Solar PV.
EnergyMyWay installed a 24.5kWp Solar PV system on the company’s concrete fibre asbestos roof. The project required full precautions to be undertaken for asbestos installation including internal air monitoring during the installation. EnergyMyWay’s specialist Solar PV team installed 98 x 255W PV panels requiring full scaffolding for the roof and edges. To avoid disruption, all drilling was done over the weekend when no staff were present.
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