Solar PV is the cheapest source of electricity in history (IEA, 2020) providing a lucrative, long-term investment opportunity with solar PV electricity costing the equivalent rate of 5p / kWh.
A solar PV system mitigates the risk to your business of energy price hikes. On-site generation enables greater energy security as a proportion of your electricity supply is generated on site from a cleaner, cheaper electricity source.
Your business’s solar PV system generates clean energy from a renewable source, supporting your ESG goals and reducing your carbon footprint.
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A feasibility assessment helps you discover the art of the possible… Our experienced team will provide a high-level study which outlines the business case for investment.
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Our development services help you take a project from concept to a construction ready reality. There are several checks & approvals required before you can start constructing your project which we can help with.
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Construction and more importantly, the quality of construction will determine how well your solution will perform. Our competent team of professionals’ pride themselves on building the best-in-class solutions, that are built to last, for generations to come.
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Operation & maintaining your clean energy technologies ensures optimal performance and provides peace of mind.
Self-funding a solar panel investment will provide the most lucrative investment opportunity with long-term returns delivering economic and ecological benefits for generations to come. Additionally, the investment business case may be enhanced by tax relief and/or available grants.
Learn MoreNot all businesses may want to invest their capital into a solar panel system. Asset finance enables your business to benefit from Solar PV without the upfront capital outlay. Ineco takes care of it all, working alongside a network of trusted solar finance partners who will tailor finance solutions to meet your needs. Typically, Asset finance is repaid over 5-10 years providing financial and environmental savings from day one at the equivalent electricity rate of 5-7 p / kWh.
Learn MoreA solar PPA financed system involves a funder owning, operating and maintaining a solar panel system on your roof. This electricity generated is sold back to your business at a discounted rate. Typically, a solar PPA is a longer-term agreement of 15-25 years that delivers carbon and cost savings from day one at the equivalent electricity rate of 7-10 p / kWh.
Learn MoreA solar photovoltaic (PV) system, also known as a solar panel system, absorbs the sun’s light and converts it into electricity which can be used throughout your business. A solar PV system is made up of a number of modules or panels which host smaller individual solar cells. These solar cells absorb the sun’s light through semiconductor material to create an electrical charge. This direct current (DC) then flows through a specifically chosen inverter which converts the DC into alternating current (AC) for use throughout your business.
Generally, commercial solar panel systems do not require planning permission providing the building is not listed, or in an Area of Outstanding National Beauty (AONB), and a few other exceptions. If your solar panel system is above 50kW you will require council approval to ensure it is within development guidelines
Solar PV electricity was declared the ‘cheapest source of electricity’ according to the International Energy Agency in 2020.
The average unit cost of solar PV-generated electricity depends on a number of site-specific factors as well as how your system is financed.
As of Jan 2024, the average unit price of grid electricity was 28.7p. Whilst there are caveats and multiple influences that affect the price of solar-PV generated electricity we can generalise that:
Typically, a commercial solar PV system can supply between 30-60% of your total energy demand for the year, although this is dependent on varying factors:
