Renewable Energy

Save money and get a guaranteed return on your investment with solar power and wind turbine solutions from 7formation

• reduce your overheads
• generate electricity for your own business
• get a 10-14%* index linked, return on your investment
• improve energy savings and work towards becoming more energy independent
• generate an additional income
• improve your corporate social responsibility status

Why now is a good time to install solar panels or wind turbines…

As part of the government’s strategy of reducing carbon emissions from energy use, it has introduced a new range of incentives. The Feed in Tariff or FIT was introduced in April 2010 and it guarantees that energy companies will pay you for every unit of electricity you produce from renewable energy technologies.

You can then use this energy yourself, saving you the costs of buying that energy from an energy company and export any unused energy back to the national grid for which you will receive an additional payment.

The tariffs are currently set at levels to provide you with a return on your investment of around 10-14%* over the expected lifetime of the technology - far higher than the interest you can currently earn on savings from any high street bank or building society!

The prices paid for the electricity you generate are guaranteed for 25 years and index linked to allow for inflation.

From April 2011 the new payments for electricity generated by solar PV panels will be:

Commercial premises

Generally commercial premises have a need for daytime lighting and power, therefore, they could maximise the overall benefits by using all the generated power and still getting the FIT payments for it.

Using MCS accredited products and MCS accredited installers, 7formation can provide solar PV and wind turbine solutions on commercial buildings. We can also arrange visits to view existing installations to enable you to see solar PV systems in action.

Landlords

You could set a higher rent as tenants will be using free electricity, supplemented by a lesser demand from the grid supply; and you would also be receiving the 25 year FIT payments.

Home owners

Add value to your property and the FIT will provide a generous, regular, tax free, index linked income for the 25 year term.

*Financial returns are a guide and cannot be guaranteed.