iPower has been selected as a recommended partner for Scottish Housing Associations for the provision of funded solar PV following competitive selection process.
Despite reductions 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 and average payback periods for a self-funded 50kW system are currently around 5 years.
If you have housing stock in an ECO (Energy Company Obligation) area, we can help source further financial benefits.
The Business Case
Illustrative of a solar PV project based in the east of Scotland
|Estimated Electricity Bill Reduction||£165,620||£828,099|
|Projected 20 Year Benefit||£242,408||£113,0298|
|Payback||5 Years||5 Years|
Key Assumptions: RPI of 3% per annum, Electricity Price inflation of 5.5% per annum, Displaced electricity cost to building owner of 11p/Kwh, Solar yield of 949kWh/Kwp.
To see an example of the Solar PV consultancy work iPower has done click here for a case study of the 50kW solar PV system iPower developed for Edinburgh Telford College.
Please Contact Us for further information and quotation on the solar potential of your business: Customer Enquiry Form.