UK solar energy PV installers
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Photovolts is a South East based solar energy specialist installing photovoltaic power systems. We install solar energy systems in homes schools and businesses. Recent changes to UK law have created a great investment opportunity for householders with good investment returns to be had when you install your own PV system.
Photovoltaic (PV) energy - good for the environment and your wallet.
• Environmentally friendly
• Good Investment returns 7%+p.a
• No barriers to installation
• Fit and Forget installations- minimal maintenance
• No planning permission required
• Manufacturer warranties up to 25 years
• Returns to householders not taxable.
 
solar power installation making solar pay how solar power works
PV installer at work benefit from feed in tariffs solar power PV systems
At Photovolts we pride ourselves on offering you a great range of products to suit your particular needs.
We offer a free quotation service during which a representative will come out and assess your site for suitability of PV installation and offer advice on your fitting options. Installations typically take between one and three days depending on the size of the system. We also beleive that soundproofing is a great idea. For the best advice on soundproofing visit www.soundstop.co.uk

From the 1st of April 2011 the UK government will pay you 43.11 pence for every KWh of electricity you produce. Households with approved­ schemes will be paid for the electricity they generate, even if they use all of it themselves!
Future payments are guaranteed for the next 25 years and are linked to inflation. Good deals on soundproofing can also be found at soundinsulation.co.uk
Find out about the science involved in delivering the environmental and financial benefits of a photovoltaic solar energy system. We provide a user friendly guide to solar power technology.
Discover how sunlight gets converted into electricity, how systems keep working on cloudy days and all about the solar cells at the heart of our installations.
more on UK PV installations >>   more on feed in tariffs >>   more on solar energy systems >>
Where do we install?
  feed in tariff
Why Solar makes sense ....what the papers say.

The Guardian Feb. 2010
" If the government offered to pay you £1,000 a year for the next 25 years, in return for an up-front investment of £12,500, you'd snap it up in a second. Well, that's pretty much the deal on offer this week after the government finally revealed what it will pay those who install electricity generating solar panels"...see full text

Photovolts are offering superior to returns to this.

The Daily Telegraph May 2010
"Solar Panels a tax free return of 10% p.a"
A tax free , index linked return of 10% per a year , guaranteed for 25 years may sound too good to be true......see full text


Investors Chronicle Aug 2010 Fancy a tax-free, index-linked return of up to 10 per cent for the next decade or two? The way to get it is not some fancy new structured product, ultra-high-yielding shares or junk bonds. It's to generate your own electrical power...see full text

Photovolts is a solar PV installer based in Surrey. We also service all the home counties to the South and West of London, Surrey, Sussex, Kent, Middlesex, Hampshire, as well as London itself.

Our approach to Solar PV installation is somewhat different to our competitors in that we provide you as much information as we possibly can before you even meet us.

We believe that the returns available from solar PV so good that they will not be around for much more than 18 months.

If your looking afor a great deal on Cleotex and Kingspan you should visit planetinsulation.co.uk

What returns can I expect
The difficulty with PV is that it is a little tricky to offer a simple price for a system without having surveyed your property. However we know that value for money is paramount when making the right decision on P V installation. We have now created sophisticated return calculators for you to understand the returns from different systems. Click on your choice of panel and follow the simple instructions. ET solar, Schott, Sanyo, Hyundai ( click on brand for calculator)
Interactive Solar calculator; A roof top in Surrey 3kw/p system.

To better clarify the potential returns to a householder we have offered a few worked examples that include specifics rather than averages. Below we provide an interactive calculator which wail allow you to estimate your own roof potential. We have other calculators for different panel brands.
ET solar, Schott, Sanyo, Hyundai ( click on brand for calculator) Below we offer a calculator incorporating ET solar Panels.

 Please note that the calculator is a sophisticated estimator of cost. Each individual house is unique and the energy potential and costs might vary. Usually this is the scaffolding cost. However the calculator is generally a pretty reliable tool to estimate the potential from your roof.

Feed-in tariff payments are provided by your energy supplier for every kWh of electricity generated, in addition a lower rate is paid for every kWh of electricity that is unused and exported back to the national grid via an MCS certified Solar Photovoltaic installation.

The working assumptions we make
1) A 3 Kw installation
2) 25 year inflation at 2.5% on average
3) Solar radiation level in Surrey at 1076 kWh/m2
4) Panels on south facing roof with normal pitch ( about 30-40 degrees)
5) No shading Issues
6) Installation cost £10,000

Firstly let us look at what the system should yield each year.
This is broken down into three parts
a) The electricity generated
b) The amount of electricity exported
c) The amount consumed

The amount of energy produced in kWh is calculated by SAP ( Standard Assessment Procedure)
In the above example the SAP calculation would produce a figure of 2575kWh of electricity.

The government then currently pays 41.3 pence per kW/h produced.

Thus minimum benefit to a Surrey householder if all the electricity is exported is 44.3pence per Kwh or in this example £1140.70 in the first year. ( or a payback of 8.7years)

However if all the energy was consumed the net benefit would be higher as the cost per unit of electricity is closer to 12.9p/kWh. In this case the net benefit would be 41.3P + 12.9p or a first year benefit of £1395.50 or a minimum payback on the system of 7.1 years

However what most people tend to over look is that there is another major effect occurring and that is the effect of inflation. Let us assume that inflation runs on average at 2.5%. This means that in the first year the tariff is 41.3pence. In year two however it rises to 42.37p, and year three to 43.4, year 5 to 45.5 and year 10 to 51.5 pence. In this way the yearly return ( assuming modest inflation) is also rising. In this scenario the minimum return from the system will rise to well above £1250 per year by year 5. The return benefit to you if you used all the energy you generated would in in excess of £1525 per year. If you want to better to understand the effect of inflation over the life of the system please see our calculation on inflation scenarios and PV returns.

A really helpful tool to get an independent estimate of what a system might return you can be found at The Energy Savings Trust web site which offer slightly higher returns than us.

Making it pay

With the new feed in tariff the government pays you 41.3 pence Kw/h. The government pays a further 3p for any electricity exported to the grid.

Remember that within your calculation you should remember that any electricity that you consume actually saves you the cost of buying that energy which costs roughly 12p/kwh. Below we will give a worked example for you to better understand your savings.

Depending upon your geographic location, we are assuming London and Surrey here, we hope that your system would produce on average about 780Kw/h per year per KWp installed. In simple terms this means for every KWp put on your roof you should make about 41.3pence x £780 - or about £319 pounds. In action to the export tariff and any saving you make.

In terms of payback on the system you would hope the system would pay back in less than 9 years. Or perhaps in more exciting terms we would put the return on your investment at about 11.5%+ which compared to other investments in the market looks very attractive. A 5Kw system would return about 8.4% return and about 12 years.

Don't Forget Inflation!

Something most people overlook when making a PV decision is inflation. You must not forget that the government increase the size of the feed in tariff payout so that you make even more from your panels. Fro example were inflation to rise by 3% per year for the next ten years your tariff would be sitting at 53.9 pence so you would be making £420 per Kw as opposed to the £319 currently being paid.

In addition your savings should increase further if you use the energy you generate. Here the inflation price in recent years has been well in excess in excess of the rate of inflation.

Comparing cheap and expensive solar PV equipment

We can offer two types of system the top of the range and most economical.
It is important to understand that with both systems the panel and inverter guarantees are identical. What is different is the brand name and the efficiencies of PV panel offered.

3KW system - The Numbers based on a sussex installation

  System A System B
Inverter
Modules
Module Efficiency
13%
19%
Balance of system- Meters cables Isolators etc
Standard
Standard
Area needed for system
21 Sq metres
16 Sq metres
Fitted Price (including 5% VAT)
£9,990
£11,985
KWh produced annually)
2703
2703+
Total income and saving (100% Energy exported)
£1057
£1057+
Total Income and Saving (100% Energy used)
£1326
£1326+
Running Yield (100% Energy used)
13.3%
11.06%
Payback In years (100% energy used)
7.5
9.0
Lifetime Benefit (25 years)
£33,147
£33,147

All Figures based on The Energy Savings Trust web site, produce by the government.

 
 
 
contact us for a free UK solar power site inspection and quotation >>    
 
T: 07947 471275 E: info@photovolts.co.uk