What return on investment can I achieve as a commercial customer?
You can generate a great return on investment from installing a solar photovoltaic (PV) system at your property.
If you install a commercial solar PV system up to 50kW capacity on or after 1st November 2012 and your property achieves the Energy Performace Certificate (EPC) rating of level D or above, you will be guaranteed 13.03p/kWh for 20 years and index-linked.
A typical 50kW commercial system could attract:
£5,572 Feed-In Tariff payment
£3,079 Savings on your electricity bill
£962 From exporting to the national grid
Estimated returns and savings of:
£9,613 Annual savings
13.5% Initial return on investment
£253,757 Estimated earnings and savings over 20 years
The tariffs for commercial Solar PV systems are; 10-50kW installations can receive 13.03p/kWh, 50-150kW systems can receive 11.5p/kWh and 150-250kW systems can receive 11p/kWh.
As of 1st November 2012 a system of degression applies to the Solar PV Feed-in Tariffs. The reduction in tariffs is in line with the uptake of the FIT scheme with an average tariff reduction of around 3.5% every three months, this could potentially be higher if there is a rapid uptake of Solar PV installations in the preceeding months.
The Feed-in Tariffs mentioned above are for Solar PV installations with eligibility dates between 1st November 2012 to 31st January 2013. Therefore the tariffs are likely to reduce as of the 1st February 2013, however we do not know as yet what the tariffs will be set at.