Published: 06 December 2010 02:40 PM
Industry Channel: Property
Sundog Energy is offering to install solar panels to warehouses for free, taking its fee from the government’s Clean Energy Cashback scheme.
The scheme, also known as the feed-in-tariff, pays for every kilowatt hour of electricity produced. The amount paid per hour is determined by the type of technology and the size of the system.
These tariffs should cover the initial capital cost of installation and, according to the government, earn a return of up to 8 per cent a year.
Sundog reckons that solar photovoltaic systems will continue to generate cost and carbon free electricity for at least 40 to 50 years and that owners of large "sheds" with some on-site use of electricity, are ideally placed to take advantage.
Sundog is just about to install a £1.3million, 250 kWp, PV system in the main rail shed roof at Kings Cross Station.
What's the payback without any explicit or hidden government funding?
Subsidies aren't forever, looks like public money will go for the must haves prior to the nice to have.
On other hand the brown Kw cost will keep increeasing, then new case to balance
And an open question, why solar is not a huge success in the sunny south of Europe?
Juan Mullerat 09 Dec 2010
Sundog will take their payment from the newly introduced feed in tariff.
However warehouse owners don't need to follow the funded route. If they pay for their own panel installation they will then profit from this feed in tariff rather than Sundog.
Jonathan Penfold 08 Dec 2010
I think the solar panel idea for warehouse roofs is great especially with some of the big sheds that are about today. In this age when we are supposed to be doing everything to conserve costs things like this must be used to their fullest capability.
gordon thomson 07 Dec 2010
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