A popular misconception about solar panels is that they need strong summer sun in order to produce enough energy to make them worth it. But, contrary to popular belief solar panels can convert almost all wavelengths of light, meaning that they can produce large amounts of energy even on cloudy days. Solar panels with the most upto date technology are also capable of converting energy from the sun to electricity at an efficiency of 20%, with a predicted 50% within the next 10 years. Further, solar panel technology is cheaper than it has ever been and will continue to get cheaper as the technology becomes further widespread and well used.
Given this, and the fact that recent government legislation to commit at least £7.6 billion a year for the next 4 years towards increasing the use of renewables within the UK – now is a better time than ever for businesses invest in solar panel systems on their premises.
Not only are they not as expensive as many think they are but government funding options to encourage businesses to invest in solar panels make them even cheaper to install. There is also a broad range of funding schemes available specifically aimed to provide financial incentives towards businesses that choose to install solar panel systems through the Feed In Tariff system. One incentive, the ‘generation tariff’, aims to provide money to business for simply having solar panels systems, while the ‘export tariff’ aims to provide money to businesses that produce more electricity from their solar panels than their premises uses.
If you are considering installing solar panels on your business premises, here are some facts to help you along the way:
1 – You don’t need planning permission for solar panels if you are installing them on your roof unless your business premises is a listed building, is in a conservation area or has a flat roof.
2 – Once solar panels are installed, they require very little maintenance. In fact, they are estimated to require less than £800 every 20 years in maintenance and accidental damage is often covered by business premises insurance.
3 – In order to receive a good rate of Feed In Tariff payments on your solar panels, your business premises needs an Energy Performance Certificate grade of at least D. If your property has a score below D you are only eligible to earn £0.061 per kW versus £0.485 per kW if your business premises has an EPC grade of D or above.
Take a look at our most recent post about Solar Panels for Businesses: http://www.thesolarbarn.com/solar-panels-for-businesses/