Despite the current recession and the understandable distrust consumers and businesses feel towards the financial services industry, Lancashire-based sustainability experts, The Low Carbon Energy Company are urging people to consider low carbon alternatives. This is because they are seeing the emergence of extremely compelling finance packages that genuinely make renewable projects stack up financially.
“Paradoxically, we think that in spite of the current climate, there’s never been a netter time to look at Solar PV systems, as the finance packages that are becoming available are that good” said Ged Ennis, Operations Director of The Low Carbon Energy Company. “We can assist anybody looking for a deal at the moment and you’ll avoid any up-front capital expenditure. The no deposit finance deals we are seeing for Solar PV units, like the Siemens deal which is backed by the Carbon Trust, would be slightly revenue negative over the first three years, but after that would generate revenue, as you’d be selling electricity back into the national grid.”
The company has been delivering providing high quality renewable energy services and fact based advice about renewable energy for over four years. They engage in a variety of activities from audit to commissioning with a 20 year guarantee on all precision engineered quality products installed.
Mr Ennis added: “On a modest commercial project – say a 50kw system - you should see costs of about £78,000 over seven years and a guaranteed return of about £343,000 over 20 years. Besides the financial benefits you’re making a positive environmental impact and you’re conducting your business in a future-proofed and responsible fashion – it really is a case of what’s not to like? The one note of caution I’d sound is that the Green Deal will see people jumping on the bandwagon, so make sure you deal with people with a genuine background in the renewable sector who can offer you a range of products and services, so you get the best solution and best finance for your circumstances.”
Further information:
