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Solar Power Intl News

Is Battery Storage the future of Solar PV in the UK?

Friday 6th February 2015 - By Yaron Reuveny

Solar Power Intl design, install and supply the latest in Solar PV technology. We are proud installers of the Solax X-Hybrid Battery Storage Inverter. Homeowners can now go even further with energy savings and self sufficiency by almost eliminating the need to draw electricity from the national grid.

How do battery storage systems work?

Solax InverterSolar panels generate the most energy during the day when the sun is shining and when you and your family tend to use the least energy or have the lowest consumption levels.

With ever increasing energy prices, those with a solar PV system or those thinking of adopting the technology need to ensure they are making the most of the energy that the panels are generating. The X-Hybrid ‘Self-use Energy Storage System’ is the perfect solution, enabling you to get the most out of your solar energy both today and in the future.

A Hybrid solution makes it possible to utilise solar power time, independently by storing unused capacity. It converts and directs solar power to where it is needed, when it is needed. This type of system allows a typical solar powered property to store any generated but unused energy to be used at night when the panels would not be active.

Key Features:

  • The very latest in solar inverter technology.
  • Fully integrated system with on-board battery management.
  • Use more of the energy you generate (minimum 80% self-use).
  • Prioritise load and battery storage over export (‘self-use’ mode).
  • Change the priorities to suit to your requirements via user-friendly control panel.
  • High quality lithium batteries supplied as standard offering extended lifespan and deeper discharge levels.
  • Easy to install (‘plug and play’).

If you would like to know more about battery storage please call 01300 345668 where one of our team would be happy to give you more information.

Stronger Returns Than Ever

Friday 18th May 2012 - By Yaron Reuveny

As you can imagine we are very busy again with the recent announcement of yet another FIT reduction taking place on the 1st July.

We had an enquiry last week from a customer that we quoted back in June 2011.

We re-quoted this job with the current FITs and prices and found a very positive outcome.

In 2011 the feed-in tariff was 43.3p per unit with installation costs at their highest.  This was the year we saw a huge boom in the market.

As from March 2012 the feed-in tariff fell to 21p with installation prices reduced by up to 50%, these provide higher returns on investment than ever before, with the initial outlay being a much more affordable price.

The true facts are that solar is still a great investment achieving higher returns than ever – as you can see from these two quotes.

  June 2011 at 43.3p per kWp May 2012 at 21p per kWp
Module name Suntech STP 245w Suntech STP  245w
System size 3.92 kWp 3.92 kWp
Sub Total £14,498.41 £7,810
VAT (5%) £724.92 £390
Overall System Cost £15,223.33 £8,200
Percentage of return 12% 14%

As you can see, the biggest changes here are the feed-in tariff (FIT) payments and the cost of the system. While FIT payments have obviously fallen, installation costs have fallen too, both helps towards the percentage of returns. If you take both of these into account then return on investment has actually increased by 2%.

The government recently announced that the Feed-in Tariff (FiTs) will be reduced from 12 December 2011.

Friday 27th January 2012 - By Yaron Reuveny

In 2010 there was a rare degree of agreement between all political parties on a revolutionary approach to how we power our lives. Instead of relying on large scale fossil fuel power stations, energy would increasingly be generated by decentralised local energy technologies. Power was to be put in the hands of the people! The Feed-in Tariff was the mechanism to do so.

The future of Solar Power in the UK. After weeks of uncertainty

Friday 27th January 2012 - By Yaron Reuveny

The future of Solar Power in the UK. After weeks of uncertainty and a mess of legal challenges over the latest Feed in Tariff (FIT) review for solar PV, the Government has finally provided a definitive deadline of 3rd March 2012 for when the proposed cuts to the FIT for solar PV will take effect. This opens up yet another window of opportunity for home owners and businesses to get their solar PV installations completed. However, this time round the potential benefits are massively increased due to the significant further drops in PV prices we have already observed since the previous December 12 deadline. Under the un-cut current FIT rates we are now seeing staggering Return on Investment (ROI) figures reaching the magic 20% mark. And even with the proposed FIT cuts taking effect, in the unlikely case that DECC win their legal appeal against the previous High Court ruling declaring their FIT consultation illegal, attractive ROI's of around 10% are still achievable. If you are ready to move forward now, we would argue that there has never been a better time for this! Contact us to make use of our FREE supported service which we will help you gain a good quality installer who will guarantee to get your installation up and running prior to March 3rd!!! www.solarpowerintl.co.uk. Or call 01300 345668 We are also creating now few new BULK PURCHASE GROUPS that will utilise our consumer powers to achieve the best rates of return for our customers in the south west! Joining a purchase group is completely FREE and with a time frame commitment. For more details and FREE registration visit us at THE OLD SAW MILL MIDDLEMARSH DT9 5QW our web site at www.solarpowerintl.co.uk. Or call 01300 345668

THE REVIEW

Monday 28th November 2011 - By Yaron Reuveny

The Reason behind the fuss:-

The money to pay for the FIT scheme is being raised by taxing the major energy suppliers. Not surprisingly they raise the revenue by charging all their customers more for their electricity.

Now the energy suppliers and the government have got to together and decided to reduce the FITs early even though electricity prices could soar by up to 60% over the next five years according to Ofgems latest statistics.

So they increase prices to balance out the FITs but now reduce the Fits and still increase the prices.

How is that fair?

At Solar Power Intl we have come up with a solution so you can still gain a high interest return.

We can supply an installed and commissioned 4 kWp solar PV system for £9,995 inc VAT giving you a return of 9.42% if you are a low user and 10.03% if you a high user.

 

Example based on a 50% onsite consumption.

 

 

Electrical Generation

Value of energy

CO2 emissions saved

Energy used onsite

1,648 kWh/year

£199 at 12.06p per kWh

0.87 tonnes

Energy exported

1,648 kWh/year

£51 at 3.10p per kWh

0.87 tonnes

Feed-in Tariff (FIT)

3,296 kWh/year

£692 at 21.00p per kWh

 

 

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