News: Sunny outlook for Greenbuy
With the weather finally having turned warm with some sunny spells, the last thing on most people's minds is the cost of next winter's energy bills.
However, Rotherham-based Greenbuy Energy are urging home-owners to get involved before the feed-in-tariff rate is due to be reduced at the end of July as part of a gradual reduction.
With a head office at RiDO's Matrix business centre in Dinnington, the enterprise was created when business partners Russell Paul and Steven Peacock teamed up to give home and business owners clear information and advice on how to make their premises energy efficient. They recently opened a high street showroom in Doncaster town centre.
One recent case study is Alan Scott, from Catcliffe, who has had solar Photovoltaic panels installed on the roof of his semi-detached home. Having paid £7,000 for the panels fitted to the south facing roof of their home, he is using an energy monitor to help him to keep track of how much the technology is saving him each day.
Alan said: "We thought a lot about where to spend our money and looked into this very carefully into all the costs. It made sense to invest the same amount as the price of a small, new car, in solar panels. But unlike a car, the panels won't depreciate in value over time and will continue to save us money on our bills.
"In summer the panels are making about £4 a day and in winter it's about £2 a day – and it is satisfying to see the numbers adding up. For us, it's an investment that makes sense."
Generating an estimated £1,000 in saved electricity costs and feed-in-tariff income, the panels will have paid for themselves in just seven years.
Russell Paul, director of Greenbuy Energy, said: "The cost of solar panels is falling dramatically, and tariffs remain competitive, so there's never been a better time to make the first steps towards greater efficiency and lower household bills. The return on investment is now as good as its ever been.
"The solar feed-in tariffs mean that you are paid for generating electricity regardless of whether or not you actually use it, as any surplus electricity goes back into the grid and offers a further payment."
Greenbuy Energy website
Images: greenbuyenergy.co.uk
However, Rotherham-based Greenbuy Energy are urging home-owners to get involved before the feed-in-tariff rate is due to be reduced at the end of July as part of a gradual reduction.
With a head office at RiDO's Matrix business centre in Dinnington, the enterprise was created when business partners Russell Paul and Steven Peacock teamed up to give home and business owners clear information and advice on how to make their premises energy efficient. They recently opened a high street showroom in Doncaster town centre.
One recent case study is Alan Scott, from Catcliffe, who has had solar Photovoltaic panels installed on the roof of his semi-detached home. Having paid £7,000 for the panels fitted to the south facing roof of their home, he is using an energy monitor to help him to keep track of how much the technology is saving him each day.
Alan said: "We thought a lot about where to spend our money and looked into this very carefully into all the costs. It made sense to invest the same amount as the price of a small, new car, in solar panels. But unlike a car, the panels won't depreciate in value over time and will continue to save us money on our bills.
"In summer the panels are making about £4 a day and in winter it's about £2 a day – and it is satisfying to see the numbers adding up. For us, it's an investment that makes sense."
Generating an estimated £1,000 in saved electricity costs and feed-in-tariff income, the panels will have paid for themselves in just seven years.
Russell Paul, director of Greenbuy Energy, said: "The cost of solar panels is falling dramatically, and tariffs remain competitive, so there's never been a better time to make the first steps towards greater efficiency and lower household bills. The return on investment is now as good as its ever been.
"The solar feed-in tariffs mean that you are paid for generating electricity regardless of whether or not you actually use it, as any surplus electricity goes back into the grid and offers a further payment."
Greenbuy Energy website
Images: greenbuyenergy.co.uk
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