iPower has been selected as a recommended partner for Scottish Housing Associations for the provision of funded solar PV following competitive selection process.
Despite the end of in the Feed in Tariffs, solar PV can still provide good returns and benefits for tenants and landlords following significant reductions in technology prices over recent years average payback periods for a self-funded 50kW system are currently around 5 years.
The Business Case
Illustrative of a solar PV project based in the east of Scotland
|Estimated Electricity Bill Reduction||£161,000||£806,000|
|Projected 20 Year Benefit||£148,498||£761,000|
|Payback||8 Years||7 Years|
Key Assumptions: RPI of 2.5% per annum, average real electrrcity price rise of 1.1% per annum, Displaced electricity cost to building owner of 12.5 p/Kwh, Solar yield of 850 kWh/Kwp.
Please Contact Us for further information and quotation on the solar potential of your business: Customer Enquiry Form.