This former Mill site is landlord owned and leased by two businesses who occupy approx 50% of the space each. The owner was keen to add value to the site, help his tenants with a source of cheap electricity and benefit from the Feed-in Tariffs guaranteed for 20 years. Following a due diligence exercise, the owner selected Perfect Sense Energy to install a 50kWp Solar PV system which will provide approx 20% of the sites electrical.
As DNO permission was in place, the system was completed within 3 weeks of the order being placed. We installed a roof-mounted system using 192 Tier 1 PV panels and a 50kWp inverter, supplied with 10 year product warranties and a 25 year output warranty for the panels
. The system will generate over 40,000kWh of clean renewable energy for the tenants to use at a subsidised rate, is forecast to pay for itself in 5-6 years and will return approx £300,000 worth of financial benefits
for the owner over the 25yr+ lifespan of the system. Visit our Perfect Sense Energy YouTube Channel to see the 90s time-lapse installation video.
The Results & Feedback
The result is a high performing Solar PV system that has reduced the owner’s tenants reliance on grid-fed power, mitigated their exposure to future energy cost rises, added value to the site and improved its appeal to future tenants should space become available.
Owner Peter Edwards commented
"I’m proud to have our own renewable energy power plant that will help my tenants with their electrical needs and give me a great ROI – Solar PV was a no-brainer for us to improve the site and from a financial perspective."