Solar panels or PV (photovoltaics) are a renewable energy technology that converts sunlight into clean and sustainable electricity. Renewable energy generation overtook fossil fuels in the UK for the first in 2020, with the solar accounting for around 4% of this production. The PV market continues to grow, and research suggest solar could contribute as much as 20% of the UK’s energy supply by 2030.
Advances in Solar PV technology are increasing the efficiency of panels, and greater manufacturing output is reducing costs for hardware. This makes it more beneficial and cost effective than ever to install solar panels for your business.
Solar PV provides cheap electricity from the sun for the life of the hardware. This can either be used onsite to mitigate energy costs or sold back to the grid to generate revenue for your business. Solar PV helps to reduce your business energy costs and carbon emissions, whilst demonstrating your commitment to help tackle climate change.
The Smart Export Guarantee (SEG) scheme provides payments for renewable microgenerators like those utilising Solar PV installations and replaces the previous Feed in Tariff (FiT) scheme as of January 2020.
Whereas Feed In Tariff prices were fixed and based on 50% the total amount of energy generated, SEG prices vary considerably between suppliers (by up to 80%) and are based on the exact amount of electricity fed back into the grid, as measured by a smart export meter.
Utilising battery storage solutions in conjunction with your solar PV panels, allows you to store the sun’s energy as electricity to use at night, or on cloudier days when there is little or no output from solar generation.
At Nationwide Utilities we have a decade of experience conducting feasibility studies and project managing renewable generation installations such as solar PV. We can determine the best hardware, installer and location for your site, generation requirements, and budget.
We manage the whole process from end-to-end, evaluating all of the numerous variables, sourcing quotes from the best providers and ensuring cost effective and timely delivery of projects to the highest standards.
Speak to us on 0800 862 0861 or send us a message.