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Commercial Blog

Free Solar Panels for Business: Meet Solar PPAs

George Riley 19 Jun 2019

Is it possible to get free solar panels for businesses? A lot has changed since solar first started gaining popularity, with prices falling around 50% in the last decade and many of the initial subsidies like the Feed-in Tariff closed to new applicants. But there are still opportunities for companies to benefit from financed solar systems, the most promising of which are Solar PPAs.

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Topics: Financing, Solar PV

Spirit Energy Now Accepts SolarCoins: Air Miles for Solar Electricity

Erica Charles 28 Sep 2018

We hear more and more about Blockchain technology.  The technology creates a transparent public ledger that records series of transactions, facilitating a fast, low-cost, trusted transfer of value without the involvement of traditional intermediaries.  

Already used in the financial sector, it’s only a matter of time before Blockchain hits the energy sector in a major way, particularly with the explosion of micro-generation of electricity, the ending of solar subsidies, and the advent of smart meters.

With Octopus Energy claiming to have paid customers to use excess electricity at night on four occasions in the last 12 months, real time peer-to-peer trading of electricity is surely just around the corner. Other potential applications include authentication of renewable generation and trading of emissions permits.

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Topics: Financing, Solar PV

Road to Zero: Workplace Charging Grant Increases to £500 per Chargepoint

Erica Charles 20 Jul 2018

On 9th July, the government launched its “Road to Zero Strategy” to lead the world in zero emission vehicle technology.

Not to be confused with any other ‘Road to Zero’ or ‘Round in Circle’ government strategies, this one is all about ensuring at least 50% of cars are ultra-low emission by 2030, and ensuring that the infrastructure is in place to support this.

If you’re in charge of a ‘workplace’, the good news is that on the back of Road to Zero, the Workplace Charging Scheme will now contribute 75% of purchase and installation costs (up to a maximum of £500) towards the cost of each charging socket installed. 

The grant is available for to 20 chargepoints per applicant, across all sites.

In other words, up to £10,000 per business.

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Topics: Financing, EV charging

£5,000 Carbon Trust giveaway for SMEs expected to run out in Autumn 2018... it's NOW or NEVER for a subsidised lighting upgrade!

Erica Charles 22 Jun 2018

The Green Business Fund, administered by the Carbon Trust, provides a non-refundable capital contribution to cover 15% of project costs, up to £5,000 towards the cost of energy efficiency measures such as LED lighting upgrades and solar PV.

But .... the fund is finite and latest forecasts suggest that it will run out in Autumn 2018.  If you are considering implementing a lighting upgrade project, or installing solar PV, and want to benefit from the £5,000 giveaway.. it really is now or never.....

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Topics: Financing, LED lighting

More low carbon grants for SMEs...courtesy of the EU so apply now!

Henry Day 02 Feb 2018

Following on from our previous blog detailing Carbon Trust's Green Business Fund, we have recently become aware of other (EU-funded) free handouts for SME's looking to enhance their green credentials AND reduce their bills!     

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Topics: Battery storage, Financing, LED lighting, Solar PV

Free solar, zero cost green: Spirit Energy’s new Guide to Solar PPAs

Erica Charles 16 Jan 2018

According to Solar Power Portal, the latest EEVS Insight report has found that demand for solar PV among corporates remains above average, despite Brexit uncertainty impacting the wider energy efficiency sector.

This comes as no surprise to us, because we frequently see companies able to achieve a 12-20% IRR (internal rate of return) from solar PV, over the 25 year expected life of the system.

And solar PV provides a very visual statement of an organisation's green credentials. It is a technology well liked by the public and thus appealing to employees, shareholders, customers and suppliers.

Furthermore, if your organisation fits the criteria for a Solar PPA (Solar Power Purchase Agreement), you can benefit from having solar on site without paying for the system yourself. 

What is a Solar PPA?

Read on to find out more, or download our brand new (and free) Guide to Solar PPAs:

 

Guide to Solar PPAs

(Power Purchase Agreements)

 

 

Download now

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Topics: Financing, Solar PV

Attention high electricity users (base load 500kW): cut your electricity bill using funded battery storage

Erica Charles 05 Dec 2017

Is your business is a high electricity user? If so you could benefit from funded battery storage, enabling you to reduce your electricity bill by avoiding peak time electricity surcharges (TRIAD charges and Red Band DUOS charges).

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Topics: Battery storage, Financing

LED high bays cut Primrose lighting bill by 60% and removes metal halide fire risk

Erica Charles 12 Oct 2017

Spirit’s warehouse adjoins the warehouse of Primrose, the online gardening retailer. Our unit is full of solar panels, inverters, batteries, LED lights and exciting things like that.  Their unit is full of garden furniture, water features, awnings, wind spinners and all of the exciting things available at www.primrose.co.uk.

Earlier this year we were called in to upgrade the metal halide lights to LED. 

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Topics: Financing, LED lighting, Emergency lighting

£5,000 giveaway for SMEs from the Carbon Trust... could your business benefit?

Erica Charles 27 Sep 2017

Did you know that the Green Business Fund will provide a non-refundable capital contribution of 15% of project costs, up to £5,000 towards the cost of energy efficiency measures such as LED lighting upgrades and solar PV? 

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Topics: Financing, LED lighting, Solar PV