Investment in roof-mounted solar schemes could deliver big returns to businesses in 2014, a leading industry expert consultant has claimed.
Andrew Dyke, director at Savills Energy, says the opportunity has never been greater to develop roof-mounted schemes, with the government set to launch a new solar strategy in spring calling for commercial and industrial roofs to support around a third of the UK’s future solar generation.
He said some businesses are seeing a return on investment (ROI) of up to 15% on rooftop solar schemes.
“Commercial organisations are very driven by the need to look for opportunities to drive out costs and for many the pay-back for solar, regardless of the current Feed-in Tariff environment, is just too great to ignore,” he said.
“However, there are other drivers at play here beyond ROI, with more and more properties looking to diversify their energy supplies in order to better control long-term costs.”
He said solar schemes would help businesses comply with EPC (energy performance certificate) requirements, which state all commercial buildings must have a rating of E or above from April 1 2018.
Giles Hanglin from Savills Energy added: “For commercial property owners, solar represents a real opportunity to address the challenge of energy costs and energy efficiency and realise commercial benefits for the long-term.”
Recommended for you
