The works mean that Wulvern is now able to generate 25 MW a year of its own energy per year and will bring an additional income of £3,650 per year through the Feed-in Tariff. The 120 panel system will save more than 14 tonnes of carbon a year and is predicted to provide a return on investment of 14 per cent.
Stephen Davies, director at The Green Electrician Group, said: “This move is a positive step forward in reducing energy bills and generating income for Wulvern’s other energy saving measures. Their decision to invest in solar has clearly paid off whilst reviewing overall energy use will have a significant impact on future energy bills. We hope other businesses and community groups in the region will see the value of this proactive approach to rising energy costs.”
Lee Smith, Wulvern’s neighbourhood investment manager, added: “Wulvern has already started to install solar PV panels on some our homes, particularly in rural locations, with great success so fitting them to our head office will enable the organisation to also benefit from lower energy costs as well as reducing our carbon dioxide emissions by over 14,700 tonnes or 20.2 per cent per year.”