In most cases, fitting Solar PV can deliver a return on investment of around 10%.
Regardless of all the environmental benefits, this makes fitting such a system one of the best investments for your money, both in terms of return and safety.
Solar power is a great way to upgrade our existing building stock. The benefits are not only environmental, but also economic, with subsidies in the form of FiT payments. If you have tenants, this will reduce their energy costs.
New buildings installation expenditure can be subsumed into overall construction costs with minimal impact on overall budget. We feel sure that solar panels will become standard in time.
Solar PV can assist with meeting various UK building regulations and key factors driving demand, such as:
A new-build project can often be easier to fit with Solar PV than a retro-fit.
A PV installation company is often appointed through a main contractor and should provide guidance through the design and installation process.
There are many challenges facing a main contractor with respect to solar energy. Firstly knowledge - not having sufficient knowledge about PV; possible conflicts of interests, as architects must integrate PV on a roof. Secondly, programming - the logistics of getting the panels onto a roof. Thirdly, interfacing between councils, architects, English Heritage (for listed buildings). Fourthly, balancing risks - quality versus value-for-money.
We can ensure that the entire project team is briefed on PV throughout. We can assist with the design, with risk and quality assurance, and with defining the scope and specifications of the PV project, and keeping costs down. After the system is installed, it is commissioned.
Very roughly, in-roof costs are 20% costs more than on-roof, on a particular project, however integrated PV is part of the building.
There are financing options for particularly complex solar assignments, and we can recommend clients to relevant companies.
"With no moving parts, photovoltaic systems provide one of the simplest, most reliable and cost effective ways to reduce carbon dioxide emissions and future-proof businesses against rising energy costs. Solar is a proven and predictable technology, which provides a visual statement of corporate responsibility and has been proven to attract tenants, encourage wider energy savings and improve employee retention" (Source - Jones Lang LaSalle).
First Greentech guide for residential blocks
Once a system is installed, there are various options for checking and monitoring it:
Solution (a) is free. Solution (b) is typically in the range of £300 - £500. The data logger is the expensive part for residential (a) and (b) systems.
First Greentech provides guidance throughout the design and installation process
Solar power is a great way to upgrade our existing building stock