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Investing in solar power from Nottingham Energy Centre can have considerable advantages for businesses. As well as receiving extra income from any surplus power produced, companies can also expect to see a drop in their energy bills and an increase in the rental value of their property. On top of that, solar panels make it much easier to comply with environmental targets. It also enhances your ‘green credentials’, demonstrating your business’ long-term commitment to the environment and renewable energy. All in all, investing in solar power makes excellent business sense.Whether you are a public sector consumer or business owner, our team of solar PV experts can install the latest solar technology on your property. To find out more about how solar panels could save you money, reduce your carbon footprint and even increase the value of your business, take a look through our website or call us directly on 0115 845 6556 to speak to one of our experts about what solar power can do for you and your business. Alternatively, contact us via email or our online contact form to book a visit from one of our experienced PV installers, today.
PV installations are rapidly increasing in popularity with councils and their contractors because PV is an excellent long-term energy solution. Once installed, solar panels require little to no maintenance and no additional running costs. Plus, Feed In Tariffs are not just for domestic users. Public sector buildings like schools, hospitals and even council offices can also generate extra income by selling any excess energy on to power companies. Even smaller premises can benefit. Providing the solar PV system is under 5MW, owners will receive payment for all the power they produce, even if they use it all themselves. This can quickly add up to a significant return on the original investment of fitting a solar panel array.
Catering, Hospitality and Leisure
Energy is a huge cost to the hospitality and leisure sector. Gyms, hotels and leisure centres spend vast amounts on electricity and quite often have large roof space which is not being used. Solar panels could bring in huge savings to energy bills and earn an extra income from FiT. Some may also qualify for the PPA to help with installation costs.
Construction and Engineering
The construction sector is under increasing pressure to meet minimum renewable energy requirements. For example, the PART L regulation insists that 10% of electricity consumed by a new-build must be self-sufficient. Including a solar panel system into the building’s plans and construction budget will see great returns on energy saving and from the advantages of the FiT payments. It is also worth looking into a PPA for installation support.
Farming and Agriculture
An agricultural operation like a poultry or dairy farm could greatly benefit from making good use of the space by installing solar panels. The FiT scheme could earn the farm an extra income by selling back surplus energy to the grid. A solar panel system will also increase a farm’s green credentials which is an attractive proposition to some retailers. Some suppliers offer schemes to take the burden off the cost of installation with a Power Purchase Agreement (PPA) which will install a system for free and allow the farm to purchase the energy at an agreed rate, lower than a typical energy supplier.
Government and Public Sector
Solar energy is certainly something for the public sector to consider and which could bring benefits to social housing, hospitals, transport and schools. Reducing the cost of electricity will make a substantial saving to the maintenance of these building as well as showcasing that local authorities are greener thinking and innovative. There are also financial schemes available to help with the cost of installation.
Schools, Colleges and Universities
Educational premises are often on sites with large roof space which could be better used by installing solar panels. Not only will they see a financial advantage from solar power in reduced bills and possible income from the FiT scheme, but on a wider level, it will help to raise awareness of renewable energy. Some suppliers offer schemes to take the burden off the cost of installation with a PPA.
Shops and Retail
For retailers with large overheads who are constantly competing with the online market, cutting down expensive energy bills with solar power would bring well needed savings. For self-funded panels, retailers could earn an extra income from FiT. Some may also qualify for the PPA to help with installation costs. Retailers powering their facility through green energy could also send a positive message to customers.
Hospitals and Healthcare
With expensive medical equipment that requires a lot of power to operate, private hospitals, clinics and surgeries would benefit from the savings made from solar power on their energy bills, as well as additional income from the FiT. Some of these healthcare companies may also be eligible for a PPA if self-funding the installation is not an option.
The usual benefits of reduced energy bills and extra income apply to businesses that own their office space. For corporate landlords who may not see the value in a large investment with the benefit of reduced energy bills going to tenants, solar energy will contribute favourable towards your energy efficiency assessment. The PPA is also available to fund it and reduced, greener bills may attract future tenants.
Warehouses and Manufacturing
With government pressure for all companies to reduce their carbon footprint and the manufacturing sector powering large machinery, installing solar energy is a good move. By helping the environment, it also sends a positive message to the rest of the supply chain about the company’s green ethics. Manufacturing companies may also be able to save costs through a PPA.
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