SOLAR - PHOTO-VOLTAIC (PV): “When the sun shines, smile and generate your own energy.”
Why do it:
Solar PV allows organisations to generate their own renewable electricity, reducing reliance on the grid, cutting energy costs, and lowering carbon emissions.
Typical Savings:
Electricity offset: 20–40% of site demand depending on system size and load profile.
Annual savings: £10,000–£50,000 for medium industrial sites (assuming £0.15–£0.20/kWh grid price).
Payback period: Typically 5–8 years, faster with grants or tax incentives.
Carbon reduction: 0.3–0.5 tonnes CO₂ saved per MWh generated.
Typical Costs:
Rule of thumb: £850-£1,400 per kWp (DC Peak)
Ongoing costs: £10–£20 per kWp per year (maintenance, cleaning, monitoring).