DalesRenewables
Electrical, Heating & Plumbing Contractors
Solar PV Finance Examples
50Kw Commercial System
100Kw Industrial System
4Kw Domestic System
We can arrange competatively priced finance tailored
to your company’s particular financial needs. From
the small to medium sized commercial premises to
larger industrial units.
Solar PV Finance Examples
We work in conjunction with both Seimens and the
Carbon Trust along with Lombards (RBS Group) to
offer the the most robust financing available.
Hover over the installation images to see samples of
the deals we can arrange for you.
Case
Studies
Lombards
Loan amount: £39,000.00
Customer deposit: £4,500.00 + £8,700.00 (VAT) = £13,200.00
Term
3 Years
4 Years
5 Years
Monthly payments
£1,204.71
£941.46
£785.46
Quarterly Payments
£3,635.19
£2,841.93
£2,372.37
Annual cost
£14,540.76
£11,367.72
£9,489.48
Total cost of finance
£43,622.28
£45,470.88
£47,447.40
Financing examples
Siemens
Loan amount: £43,500.00
Customer deposit: £8,700.00 (VAT)
Term
5 Years
6 Years
7 Years
Monthly payments
£899.58
£779.52
£694.26
Annual cost
£10,794.96 £9,354.24
£8,331.12
Total cost of finance
£53,974.80 £56,125.44
£58,317.84
Lombards
Loan amount: £39,000.00
Customer deposit: £4,500.00 + £8,700.00 (VAT) = £13,200.00
Term
3 Years
4 Years
5 Years
Monthly payments
£1,204.71 £941.46
£785.46
Quarterly Payments
£3,635.19 £2,841.93
£2,372.37
Annual cost
£14,540.76 £11,367.72
£9,489.48
Total cost of finance
£43,622.28 £45,470.88
£47,447.40
Example 50kWp Solar PV installation
Solar PV example system prices
and payback periods (on-roof)
Domestic
System size (kWp)
Standard = Payback
All black = Payback
4.00 (16 panel)
£4,650.00 = 5Yrs
£4,950.00 = 5.3Yrs
3.50 (14 panel)
£4,350.00 = 5.3Yrs
£4,620.00 = 5.6Yrs
3.00 (12 panel)
£4,000.00 = 5.6Yrs
£4,240.00 = 5.9Yrs
2.50 (10 panel)
£3,600.00 = 6.1Yrs
£3,800.00 = 6.3Yrs
2.00 (8 panel)
£3,200.00 = 6.6Yrs
£3,360.00 = 6.9Yrs
Typical FiT payments and savings (Year 1)
System size (kWp)
Annual production
Fit payments
Electricity savings
4.00 (16 panel)
3400 kWh
£567.46
£221.00
3.50 (14 panel)
2975 kWh
£496.52
£193.37
3.00 (12 panel)
2550 kWh
£425.59
£165.75
2.50 (10 panel)
2125 kWh
£354.66
£138.12
2.00 (8 panel)
1700 kWh
£283.73
£110.50
These prices are based on a typical bungalow, with Marley Pantile roof, spare way on RCD protected distribution board and easy
cable routes. South facing roof @ 30 degree pitch. Annual electricity increase @ 8% and FiT payment increase @ 3.584%
Additional cost
2 storey property
+
£300.00
Slate roof
+
£250.00
Consumer unit
+
£150.00
Multiple installation
less
£120.00 (per additional install)
Earth bondings
+
£120.00
Difficult or unusual installation, cable routes etc
+
£? (surveyors discretion)
Please note that these are guideline prices, subject to a site survey
Financing examples
Siemens
Loan amount: £80.000.00
Customer deposit: £16,000 (VAT)
Term
5 Years
6 Years
7 Years
Monthly payments
£1654.40
£1443.55
£1285.66
Annual cost
£19,990.66
£17,322.66 £15,428.00
Total cost of finance
£99,953.32 £103,936.00 £107,996.00
Example 100kWp Solar PV installation
Lombards
Loan amount: £72,000.00
Customer deposit: £8,000 + £16,000 (VAT) = £24,000
Term
3 Years
4 Years
5 Years
Monthly payments
£2,224.08
£1,738.08
£1,450.08
Quarterly Payments
£6,711.12
£5,246.64
£4,379.76
Annual cost
£26,688.96
£20,986.56
£17,519.04
Total cost of finance
£77,086.08
£83,427.84
£87,004.80
