T: 01242 620894 E: info@mypoweruk.com

Solar panels better than a pension, says minister - Telegraph

Well we’ve known this for some time but it looks like the idea is going mainstream.

It’s  clear winner for householders as the article suggests,  but what about businesses?  If you own your building or enjoy a long term,  secure lease,  the same advantages of installing PV apply only more so.  Companies can achieve 100% capital allowances in the first year (up to £250k, which equates to a system of around 220kWp.  The business will benefit because unlike households,  business tend to use most of their electricity during the day when the PV system is producing energy,  so immediate savings are made on energy costs and the company protects itself against ever-rising costs.

We’re just about to put a 50kWp system on our landlord’s new building.  They’ll be achieving around 15% first year return and will save around £5500.00 per year on electricity bills.

We've already installed a 145 kW system for Allen Fabs who own, let and manage their own commercial property portfolio in Evesham. Their projected first year return on capital invested is 17.8%. Read the full case study.

Published by the Telegraph online and on front cover of paper 04-02-201.



News Headlines

Tesla will soon face serious EV competition from Porsche

Gas, nuclear and coal generators told to produce less electricity this summer

British Gas is increasing the cost of energy by 5.5% this month

VW is still dealing with the fallout from #dieselgate in the US

Audi is joining the all electric club with a new SUV

UK electricity demand being generated by renewables just keeps growing

Saudi Arabia is going to build the world's largest solar project

Electric air transport on the horizon

Spat between Aston Martin and Rolls Royce

National Grid planning a network of superfast chargers at UK motorway services

California is racing towards a solar future

Porsche and Daimler Benz increasing EV commitments

UK industry pays 33% more for electricity than the rest of Europe

Former Energy Minster pleas for government to bankroll expensive Swansea tidal lagoon

Gloucestershire drivers are leaders in the electric car uptake

A compelling business argument for solar

The potential for solar across Africa is huge

UK's reliance on imported gas could soon backfire

Fuel forecourt operators have a serious choice to make with EV charging

Mypower shine to win another Solar energy award