HARNESS
Utilising solar energy
to save money
Why consider solar?
• No control over ever rising electricity prices
• Electricity costs have doubled over the last 10 years*
• What will your electricity bill be in another 10 years?
• Do you want to rely on fossil fuels?
Data provided by the UK Department For Energy & Climate Change (DECC)
*
Take responsibility and generate
your own cleaner, greener, cheaper
electricity with REI
About us
• REI was established in 2011
• We fund, develop, monitor and manage an estate of commercial and
residential electricity generating solar PV systems across the UK
• Our board and management comprise two key areas of expertise
and experience:
• financial and investment markets and sectors
• solar PV installations (over 1,000 to date)
We help businesses achieve long-term reductions to their ever
increasing electricity costs by enabling them to generate their
own clean, green electricity from solar energy. For Free.
POWER
Solar Photovoltaic (PV)
What is Solar Photovoltaic?
• Solar Photovoltaic (PV) refers to the science of converting
sunlight to electrical energy
• A solar PV cell is a type of a solar photovoltaic device
• Solar PV panels are groups of solar PV cells connected
electrically within a frame
How a solar PV system works
Solar PV panels
INVERTER
SOLAR PV
METER
Buy from
the grid
GRID
METER
DISTRIBUTION
UNIT
Business electrical demand
Why solar PV makes sense
• Generates power for your premises
• Lowers your operating costs through reduced energy bills
• Controls against ever increasing electricity bills
• Demonstrates your commitment to the environment
REI provides a fully-funded turn-key
solar PV service from initial enquiry
through to installation, monitoring
and on-going maintenance.
FLEXIBLE
How our schemes work
How it works
1
You agree to lease the airspace above your roof for 20 years
2
We install our solar PV system onto your roof, free of charge*
3
We monitor, maintain and insure the system for 20 years, at no
cost to you
*We receive a payment from the Government under the Feed-in Tariff Scheme that
was established to incentivise the deployment of renewable energy technologies
How do you benefit?
The benefit you receive will depend on your choice of our two
funding schemes:
1
Free
2 Combined
Free
• REI funds the entire installation of a solar PV system
• You receive heavily discounted electricity produced by
the system via a Power Purchase Agreement*
• After 20 years, ownership of the system transfers to you
to enjoy 100% free solar PV electricity for the remaining
lifetime of the system (c.15 years)
*Annual price increase linked to Retail Price Index
Combined
• REI funds the entire installation of a solar PV system
• You forward-buy* the solar PV electricity which you will
consume from the system for 20 years
• After 20 years, ownership of the system transfers to you
to continue enjoying 100% free solar PV electricity for the
remaining lifetime of the system (c.15 years)
*A one-time investment typically equivalent to 25% of the installation cost
Free & Combined funded comparison
Free
Funding option
Combined
Capital investment
Zero
Typically 25% of the installation cost
Solar PV electricity
Typically 50% of your current grid
tariff for 20 years; free thereafter
Free for the lifetime of the system
Monitoring,
maintenance &
insurance
Undertaken free of charge for
20 years
Undertaken free of charge for
20 years
Return on
Investment
n/a
c. 25% - 30%
MAXIMISE
Ensuring you benefit most
Suitability and eligibility
Roof aspect
South East - South West facing
Pitched or flat roof
No shading
A south-facing pitched roof without shading in the south of
the country provides the best setting for a solar PV system
Suitability and eligibility
Roof aspect
Roof &
building size
More than 400m2 total building footprint
Systems sized between 20kWp and 250kWp are ideal under this
scheme and will typically require this minimum building footprint
Suitability and eligibility
Roof aspect
Roof &
building size
Electricity
consumption
On-site electricity consumption
Consuming PV generated electricity on-site rather than
exporting it to the grid improves the savings to your business
Suitability and eligibility
Roof aspect
Roof &
building size
Electricity
consumption
Planning
considerations
Not a listed building or in a conservation area
No planning permission is likely to be required
SIMPLE
The steps of installation and beyond
The installation process:
Week 1
Offer accepted
• Heads of Terms Agreement signed whereupon we issue you with a Lease
and Power Purchase Agreement
The installation process:
Week 1
Week 4
Offer accepted
Technical survey
and permissions
REI undertakes:
• Technical survey and system design
• DNO approval
• Structural survey
• Energy Performance Certificate assessment
The installation process:
Week 1
Offer accepted
Week 4
Technical survey
and permissions
Week 6
Lease & PPA
• Once the technical design and system specification are finalised, the Lease and Power
Purchase Agreement are executed and the Lease is registered with the Land Registry
The installation process:
Week 1
Offer accepted
Week 4
Technical survey
and permissions
Week 6
Lease & PPA
• We install your system through our framework partnership with authorised,
established and experienced contractors
Week 8
Installation
• The installation process will take up to 5 days
• Minimal disruption to your business as the majority of the work is external
• Comprehensive warranties and guarantees cover all products and workmanship
The installation process:
Week 1
Offer accepted
Week 4
Technical survey
and permissions
Week 6
Lease & PPA
Week 8
Installation
Ongoing
Operation &
maintenance
• REI implements its own Operation and Maintenance (O&M) contracts to ensure reliable,
long term savings are achieved
• REI invoices you monthly according to your exact solar PV
electricity consumption
RELAX
Remote monitoring
Maximised savings through monitoring
• Remote Monitoring System tracks live solar PV performance
• Local weather data supports Automatic Performance Evaluation
• Underperformance and faults trigger real-time alerts
• Quick response ensures electricity savings maximised
Monitoring Dashboard
• 10 minute interval recording of solar
PV production and grid consumption
grid usage
solar PV usage
export
• Client log-in for bill validation
• Wider energy management benefits
Electricity usage by source
Solar PV usage
8%
38.4%
61.6%
92%
Grid
On-site
Solar PV
Export
COMMITTED
To quality
As we both share in the benefits from the solar PV
system, it is in everyone’s interest to ensure it operates
effectively and in line with expectations
• We only use high quality equipment
• We partner with industry leading and accredited
installation organisations
• We monitor the system remotely to ensure real-time
performance is maintained
• We protect the system with comprehensive
maintenance contracts and insurance cover
System specification
Size of system: 30kWp
Equipment: Canadian Solar
CASE STUDY
HAMPSHIRE
GOLF CLUB
Faced with increasing electricity
costs, The Hampshire Golf Club,
set in the Test Valley, decided
to install a 30kWp system across
the driving range shelter and
green keeper’s workshop under
REI’s fully funded scheme
Forecast Output: 27,279kWh/annum
Carbon saving: 12.1 tonnes CO2e/annum
Forecast 20-year saving: £86,140
System specification
Size of system: 50kWp
Equipment: Canadian Solar
CASE STUDY
HENDY
GROUP
“As a company we have been
keen to adopt innovative
technology over the years.
“We are also focused on being
environmentally friendly so
the time seemed right to take
advantage of REI’s Solar Power
Purchase Scheme.”
John Hendy, Systems &
Resources Director
Forecast Output: 46,890kWh/annum
Carbon saving: 18.8 tonnes CO2e/annum
Forecast 20-year saving: £114,000
System specification
Size of system: 150kWp
Equipment: Kioto
CASE STUDY
WORTHS
FARM
Worths Farm, a large arable
farm in Lincolnshire, consumes a
significant amount of electricity
running refrigeration equipment
and grain dryers, particularly
over the harvest season.
The 150kWp solar PV system,
installed at no cost to the tenant
farmer provides discounted
green electricity under a Power
Purchase Agreement.
Forecast Output: 132,000kWh/annum
Year one performance Vs forecast: 108%
Carbon saving: 52.9 tonnes CO2e/annum
What happens now?
• We assess the potential of your roof and gather data regarding
current electricity usage and pricing
• We issue a proposal which summarises the benefits that you should
expect to receive
• We provisionally allocate funds for a limited period to allow time
for approval
• The Heads of Terms Agreement is signed as your confirmation for
the installation to proceed
We look forward to sharing the benefits of generating your own
clean, green electricity from solar energy as soon as possible.
Thank you
Go to: www.reigroup.co.uk
Call us on: 01202 862 490
Email us: [email protected]