Reduce your electricity bills with no capital investment
Working with our partners at Zestec Asset Management we are able to offer suitable business large electricity savings without the need to pay any capital investment.
Here to help businesses save money
We can help your business to benefit from reduced electricity bills by utilising no cost, clean, green solar electricity agreements, whilst preserving your capital for use within your core business. At Homeco Energy, we manage and develop commercial solar PV projects across the country in partnership with our investors.
Backed by a long-term operation and maintenance service, we will ensure that your system will deliver reliable savings not just today, but for at least the next 25 years.
How it works:
- You agree to lease the airspace above your property's roof for 25 years and enter into a Power Purchase Agreement (PPA)
- We install a complete solar PV system on your roof FREE OF CHARGE
- You will pay a low rate per unit of solar electricity that you use
- We will monitor, maintain and insure the solar system for 25 years at NO COST to you
How you benefit:
Free Solar PV System | The Solar PV system is fully funded |
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Immediate Savings on electricity bills | Solar Electricity you consume is purchased at a cheaper rate than is available from your current energy provider |
Zero Cost ‘green’ credentials | A zero capital route to improving your company’s environmental responsibility, enhancing relations with green thinking customers, suppliers and staff |
No Maintenance or insurance costs | We proactively manage the system under a long term operation and maintenance contract including the provision of insurance cover, at no cost to you |
Long term protection against energy markets | The unit price you pay for electricity generated by the solar PV system will only rise inline with RPI, allowing you to budget more effectively |
Fully transferable | The PPA can be transferred to new occupants of the property should you move to new premises |
Year 1 | Over 25 years | |
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Immediate Savings on electricity bills | £3.600 | £479,000 |
Carbon Reductions | 88 tonnes of C02e | 4,558 tonnes C02e |
Typical savings you can expect to achieve
In conjunction with our investment partners, Zestec Assest Management, we will fully fund the entire installation of the solar PV system. Your business benefits by consuming the discounted solar electricity which is generated. After 25 years ownership of the system transfers to you and you enjoy free solar electricity for the remaining life of the system.
Immediate bottom line savings on energy costs and carbon emission reductions
A typical 250kW installations, based upon 90% on site usage, with a PPA rate of 9p (2.5% RPI) against your providers rate of 12.90Pn (5.7% price inflation) will be expected to deliver the figures shown here.
Keeping the process simple, transparent and hassle free
- We assess your rood space and gather data regarding your current energy usage and pricing
- We provide you with a costed proposal demonstrating potential savings and carbon reduction forecasts
- You agree to lease the airspace above your roof to us and enter into a PPA
- We install the solar PV system on your roof, aiming for minimal disruption
- You can then enjoy reduced electricity bills for up to 25 years with no maintenance costs
- After 25 years have elapsed, ownership of the system transfers to you
Can your business take advantage of a PPA?
To achieve maximum electricity bill savings and carbon emission reductions, your business should:
- Own a building with an un-shaded roof which is structurally sound and in a good state or repair. Ground-mounted options are available
- Purchase a minimum of 80,000kWh’s of electricity per annum which is consumed on a regular daily pattern
- Be financially stable with a strong credit rating
Your roof is in safe hands
When we install a solar PV system, we recognise that we are being trusted with one of our clients' major assets, the roof of their building.
On behalf of our investors, we are responsible for our solar PV systems for at least 25 years, so it is in our interest to install high quality products and components. All equipment is supported by robust product warranties and performance guarantees provided by leading manufacturers.
Start saving today
Government data indicates that average electricity prices in the industrial sector are rising by 5.7% per annum, that equates to your bill doubling every 14 years.
As fossil fuels become harder to source and with an ageing UK electricity infrastructure requiring significant expenditure to meet the country’s future needs, even the most conservative observers do no expect this trend to improve in the future.
FAQ
Durable - stylish - affordable
Contact Homeco Energy of Sheffield for a range of new build solar solutions.
Contact Homeco Energy of Sheffield for a range of new build solar solutions.