ROI
- IRR Investment returns of 14% to 17% P.A. are now possible for Solar PV systems
- Consumption 50,000 kWr P.A.
- Electricity costs €0.14 per kWr ex VAT, increasing at 5% P.A.
- Solar PV Installation 20kWp, 88 Solar PV Panels, 151 SqM
- IRR Return
- ~15% with Accelerated Capital Allowance (ACA)
- ~14% without ACA
- Payback < 8 Years
- No Export, 100% Consumption
- With 50% Financing at 7.5% over 5 years IRR increases to 17%Northern Ireland
Return on InvestmentIRR investment returns of 30% are now possible for Solar PV Installation
Case Study
- Consumption 35,000 kWh per year
- Electricity costs £0.15 per kWh
- Solar PV Installations is 20 kWp, 100 panels, 132 Sqm
- Estimated cost of complete installation £28,000 excl VAT
- IRR (Internal Rate of Return) 30%
- Payback in less than 5 years
- The UK government will pay you a feed-in-tariff of £0.176, for every unit (kWh) you generate
- Unused electricity generated by solar panels can be exported to the grid for an agreed export tariff with your electricity provider.
- Financing is also available on medium/ large projects for up to 70% of capital cost, on a 3-5 year term.
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