Cornish potato farm reaps the benefits of solar from Mypower
125kWh solar pv installation
Mypower designed and installed agricultural building solar panels for a landlord who owns a large building used for cold storage and packing.
Mypower’s qualified surveyor, Ben Harrison, provided full project management including the Western Power upgrade and consent to connect, structural survey, Energy Performance Certificate, planning, system design, product procurement and supply, installation, Feed in Tariff applications and forms, Power Purchase Agreement to sell surplus power back to grid and liaised with solicitor in connection with matters concerning the sale of power to tenant.
The customer was consulted at every stage but coordinated and driven by Mypower. “I didn’t believe it was going to be so straight forward and involve so little of my time, all I had to do was listen, take advice from my accountant and sign the cheques! Ben organised everything.”
Key Facts and predictions
124.8kWh (520 REC panels) supplied and installed by Mypower.
123,850kWh of electricity produced per annum (prediction from PV Sol typically conservative by 2-10%)
Returns before Annual Investment Allowance benefits and running costs.
15.1% - Landlord first year return on capital - payback 7.1 years
£695,000 plus – projected total income and savings over 20 years
25 to 40 years - anticipated system life
Ongoing maintenance and running costs excluding finance:
Insurance: £300 pa
Panel clean: £600 pa
Metering costs: £75 pa
Inverter replacements: £365 pa
Total £1,240 pa
Over the last 12 months the system has produced 4.9% more electricity than predicted, continuing to keep the income ahead of the budgeted figures.
“I didn’t believe it was going to be so straight forward and involve so little of my time, all I had to do was listen, take advice from my accountant and sign the cheques! Ben organised everything”