Date post: | 16-Apr-2017 |
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Technology |
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Edge Electrical & Renewables Ltd
Renewable Technologies
Available Technologies Solar (PV) Panels Solar Thermal Panels Heat Pumps Wind Turbines Biomass Boilers Mini Hydro LED Lighting Rainwater Harvesting
Benefits Reduce & cap energy costs Reduce carbon emissions Generate clean energy Become self sufficient Generate additional income Tighter control of site budgets Monitor site usage
Solar (PV) Panels
Solar (PV) Panels What are they and how do they
work?– Solar Power fed back to the grid &
used at the property Benefits
– Qualifies for FIT Costs
Solar Thermal Panels What are they and how do they
work?– Solar heating pumped via insulated
tank– Heat water for minimal cost
Benefits– Qualifies for RHPP
Costs
Heat Pumps What are they and how do they
work? Types
– Air Source– Ground Source – Vertical &
Horizontal– Water Source
Benefits– RHI & RHPP
Costs
Wind Turbines What are they and how do they
work? Types Vertical & Horizontal Benefits
– FIT Costs
Biomass Boilers Want are they and how do they
work?– Generate renewable heat
Types – pellets, shavings & logs Benefits
– RHI & RHPP Costs
Mini Hydro What is it and how does it work? Bespoke dependant on case Benefits
– Virtually constant power source Costs
Rainwater Harvesting What is it and how does it work?
– Rainwater is reused and treated for either potable or grey water use
Benefits Costs
Feed In Tariff (FIT)Typical Example Of Benefits With 20 kWp Solar PV System: A. Generation income
Tariff 13.03p per kWh x Annual generation 18,000 kWh = £ 2,345.40
B. Export income
Earn 4.5p x (estimated at 50% of generated amount) kWh = £ 405
C. Fuel bill savings Save 10p per kWh x 17,000 kWh = £ 1,700
Total system benefit per year A + B + C = £ 4,450.40
Solar (PV) Panels Typical Investment & Payback 20 kWp Solar PV System
Installation cost (£ 32,000) / Annual benefit (£ 4,450.40)
= 7.2 year payback on investment
The Feed In Tariff lasts for 20 years & all calculations are made without inflation adjustment (which will be made) and increased imported electricity costs. Therefore the benefit total is likely to be considerably more.
Government Incentives Available Feed In Tariff (FIT)
– Available to all Renewable Heat Incentive (RHI)
– Available to commercial Renewable Heat Premium Payments
– Available to domestic prior to RHI roll out this summer
Enhanced Capital Allowance (ECA)– 100% of investment written off in year 1
Other Incentives Independent Low Interest Loan
Siemens Financial Services (SFS) (Previously run by Carbon Trust)
– No capital outlay– No additional outgoings (Savings
made pay for the installation)