Mypower specialise in installing commercial Solar PV systems in and around Warwickshire. Our award winning Solar PV systems allows your business to reduce electricity costs by 65%.
Average grid supplied business energy costs between 13-15 pence per unit. Compare this to Solar PV electricity where the equivalent price is 4-5p per unit you can see there are huge savings to be achieved.
Return on investment
Within the next 10 years, electricity prices are set to double. Commercial solar generated electricity allows you to effectively forward buy your energy for the next 25 years at a fixed price of 5p per unit. This means your business will never be exposed to rising energy prices again. ROI is 14-18% so with low interest rates and additional tax benefits, solar is therefore viewed as a low risk investment.
High energy users can benefit the most from Solar PV. The more Solar PV energy you’ve generated onsite and then use directly during your day-to-day operation, the higher savings. Any size business however can benefit and significantly save.
Lower Clopton Farm shop
Lower Clopton Farm shop near Stratford-upon-Avon source all their products from local businesses as well as their own farm. Now they are sourcing their electricity locally by generating it from their own roof with a Solar PV system from Mypower.
Owners Richard and Suzie Baldwyn realised their electricity bills were continuing to increase significantly and were likely to rise a further 30 to 40% over the next 5 years, becoming a major cost to the farm shop. They felt that using electricity produced from their own roof would help demonstrate to customers that there is a wider picture to consider, and this could help put them one step ahead of competitors. Richard spoke to Mypower to see if solar would be a good investment and a way of reducing their electricity bills.
"Mypower were incredibly helpful and carried out a consultation, survey and feasibility study at no cost. The figures were compelling, for an initial investment of £28,500 for 30 kW of solar producing 28,000 units of electricity per year, the return on capital was around 14.5% and payback in less than 7 years. Looking long term over 25 years, this meant the cost of our electricity from the solar would be 4.5 pence per unit, around 1/3 of what we currently pay and furthermore this price is fixed and won't go up."
Richard Baldwyn, Owner, Lower Clopton Farm Shop
To read the full Lower Clopton case study clickhere.
For more information about Solar PV electricity for your Warwickshire based business please contact us...