2. At REI we help businesses generate solar electricity to reduce energy costs and carbon emissions.
And best of all there is no capital cost to the business whatsoever.
We fund, develop, monitor and manage commercial electricity generating solar PV systems across
the UK, having installed and managed over 1,000 installations.
Achieve long-term protection against energy market volatility and reduce your use of fossil fuels.
Generate your own clean, green electricity.
How it works
How you benefit
You agree to lease the airspace above your roof for 25 years and
enter into a Power Purchase Agreement (PPA).
We install a solar PV system onto your roof, free of charge.
You pay per unit of solar electricity you use.
We monitor, maintain and insure the system for 25 years, at no cost to you.
1
2
3
4
Clean, Green Solar Electricity
for your business
Free solar PV system The solar PV system is fully funded by us
Immediate savings
on electricity bills
Electricity produced by the system which you consume on site
is purchased from us at a rate cheaper than your current energy
provider and is linked to RPI inflation
Zero cost ‘green’
credentials
A zero capital route to improving your company’s environmental
responsibility, enhancing relations with eco-conscious customers,
supply chain and staff
No maintenance or
insurance costs
We look after the system under a long term operation contract and
insurance cover, at no cost to you
Long term protection
against energy
markets
The unit price you pay for electricity generated by the solar PV
system will be fixed at the outset of the agreement and will only
rise in line with RPI, allowing you to budget more effectively
Fully transferable
The PPA can be transferred to new occupants should you move to
new premises
3. As part of a companywide environmental project
REI have commenced the installation of solar PV
systems on Stagecoach UK bus depots under
its Power Purchase Scheme. Installations already
completed include the Chesterfield, Daw Bank and
4 additional depots.
Virtually all of the locally generated solar electricity
will be used by each site and will significantly
reduce each depot’s electricity bill, thereby enabling
Stagecoach to gain greater security and certainty
over their future electricity costs.
Stagecoach Regional Director Sam Greer said: “This
is a new and innovative project that we believe will,
over time, help us to reduce our carbon footprint
further as well as making financial savings.
This is an example of how we can benefit from new
technology at our existing sites to help minimise
the impact of our operations on the environment
and play our part in tackling the global challenge of
climate change.”
Stagecoach is one of the UK’s biggest bus and
coach operators with around 8,500 buses and
coaches. The Group’s business includes major city
bus operations in London, Liverpool, Newcastle,
Hull, Manchester, Oxford, Sheffield and Cambridge.
Size of system: 249.9kWp
Equipment: BenQ modules and Sungrow inverters
Forecast Output: 219,939kWh/annum
Carbon saving: 70.5 tonnes CO2
e/annum
System specification - Chesterfield
Case Study
Stagecoach
Saving £1m in
electricity costs
and reducing CO2
by 3,000 tonnes
Forecast 20-year saving: £481,300
Size of system: 277.9kWp
Equipment: BenQ modules and Sungrow inverters
Forecast Output: 221,861kWh/annum
Carbon saving: 96.0 tonnes CO2
e/annum
System specification - Daw Bank
Forecast 20-year saving: £655,200
4. Typical savings you can expect to achieve
REI funds the entire installation of a solar PV system and you benefit by consuming discounted
solar electricity generated by the system located on your roof. After 25 years, ownership of the
system transfers to you and you enjoy 100% free solar electricity for the remaining life of the
system (c. 10 years).
A typical installation* will deliver for our clients:
Year 1 Over 25 years
Electricity bill savings £1,332 £128,500
Carbon reductions 19 tonnes CO2
e 452 tonnes CO2
e
*Based on a 50kWp system, 90% on-site usage, 12.289p/kWh electricity tariff, 9.0p/kWh
PPA tariff, 2.5% RPI and 5.7% electricity price inflation.
£300,000
£250,000
£200,000
£150,000
£100,000
£50,000
£0
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 202122232425
‘Do nothing’ grid costs
Power Purchase Tariff
Year
CumulativeCosts
Bottom line savings on energy costs
and carbon emission reductions
Cumulative costs: Do nothing vs. Power Purchase Tariff
5. Building footprint
(for pitched or flat roofs)
Number
of panels
System
size
450 m2
4,800 ft2
100 25 kWp
850 m2
9,200 ft2
200 50 kWp
1,600 m2
17,200 ft2
400 100 kWp
3,600 m2
39,000 ft2
1,000 250 kWp
Can your business take
advantage of a PPA?
1. We assess the potential of your roof and
gather data regarding your current
electricity usage and pricing
2. We provide you with a proposal setting
out the financial savings and carbon
reduction forecasts
3. You agree to lease the airspace above
your roof to us and enter into a Power
Purchase Agreement (PPA)
4. We install the solar PV system with minimal
disruption to your business
5. You enjoy reduced electricity bills for 25
years with no maintenance costs and
worry-free operation of the system
6. We receive payment from the
Government under the Feed-in Tariff
Scheme that was established to
incentivise the deployment of renewable
energy technologies
7. After 25 years, ownership of the system
transfers to you to enjoy free solar PV
electricity for the remainder of the system
life - c. another 10 years
Keeping the process simple,
transparent and hassle-free
Building
location
Roof
orientation
and pitch
Amount of
electricity
used
Price of
electricity
Our
Offer
• Own a building with an unshaded roof which
is structurally sound and in a good state of
repair (pitched and flat roofs are suitable but
pitched roofs facing between South East and
South West are ideal)
• Purchase a minimum of 80,000kWh of
electricity per annum which is consumed in
a regular daily pattern
• Be financially stable
Typical solar PV systems installed under this
scheme are sized between 20 kilowatts (kWp)
and 1 megawatt (MWp), equating to the
installation of 80 to 3,850 solar PV panels.
Use the building sizing guide to estimate the
potential capacity of your building.
To achieve the maximum electricity bill savings
and carbon emission reductions available under
our PPA, your business should:
6. The cutting-edge solar PV power system was fitted
free of charge on four of the roofs of the Hendy
Group’s locations across the south coast.
John Hendy, Systems and Resources Director at the
Hendy Group, said: “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 fully funded Power Purchase Scheme.
Our business will benefit from the PV system
through much reduced electricity bills and is able to
preserve its own capital to invest in its core business
activities.”
The Hendy Group is based in Chandler’s Ford
but has dealerships at locations across the south,
including Southampton, Portsmouth, Fareham,
Eastleigh, Chichester, Winchester and Exeter.
Size of systems: 140kWp
Equipment: Canadian Solar modules and ABB inverters
Forecast Output: 136,490kWh/annum
Carbon saving: 56.6 tonnes CO2
e/annum
Forecast 20-year saving: £390,500
System specification
Case Study
Hendy Group
Energy and
C02 savings
7. Your roof in safe hands
When we install a solar PV system for one of our clients, we recognise that they are trusting us with one of
their major business assets; the roof on their building.
Our accredited installation partners have significant experience installing solar PV systems and represent the
very best the UK and Europe has to offer. Collectively our partners have designed, installed and now operate
high performance solar PV systems in all environments, on all roof types and across a wide range of public
and private sector clients.
We fund and operate our solar PV systems for at least 25 years, so it is in our interest to install high quality
products and components. All the equipment is supported by robust product warranties and performance
guarantees provided by leading manufacturers and we use non-toxic silicon solar panels so as to minimise
damage to the environment.
Start saving today
Government data indicates that average electricity prices in the industrial sector are rising by 5.7% per
annum*. That equates to your bill doubling every 14 years. As fossil fuels become harder to source and with
an ageing UK electricity infrastructure requiring significant expenditure to meet the country’s future needs
even the most conservative observers do not expect this trend to improve in the future.
Zero carbon electricity
You could join over 23,000 businesses in the UK who have already taken a stand against rising energy prices
by generating their own zero-carbon electricity with solar PV.
REI is the trading name of Reds Investments Limited, Reg Company No. 07778659 registered in England and Wales.
*
Data provided by the UK Department of Energy & Climate Change (DECC), National Statistics and OBR
Go to: www.reigroup.co.uk
Call us on: 01202 862490
Email us on: info@reigroup.co.uk
Renewable Energy Investments
9 Nimrod Way. Ferndown, Dorset, BH21 7UH
Find out more
8. REI is the trading name of Reds Investments Limited, Reg Company No. 07778659 registered in England and Wales.
Go to: www.reigroup.co.uk
Call us on: 01202 862490
Find out more
Email us on: info@reigroup.co.uk
Renewable Energy Investments
9 Nimrod Way, Ferndown, Dorset BH21 7UH
Q What happens if we need to repair our roof during the term of the lease?
If your repair necessitates the removal of part or all of the solar PV system, we will undertake the removal and
reinstatement at our cost. The repair work to your roof is undertaken by you at your expense unless it has been caused
by the solar PV system itself, in which case we would be responsible for all work and costs.
Q There is a mortgage or other charge on the property. Do I have to tell the lender and
will they approve the installation?
Yes. Before leasing your roof space we will seek consent from any lender who has a legal restriction over the property
on your behalf. We have direct experience with most banks and as they are familiar with these schemes it is extremely
rare for them to object.
Q What happens if we move or sell our property?
If you move or sell your property within the 25-year term, the lease of the roof space and the Power Purchase
Agreement are transferred to the new building owner and they will then continue to enjoy the benefits of the
discounted clean, green electricity the system generates.
Q Can I buy the system from you during the 25 year term?
Yes. You will have the option to break the lease and buy the solar PV system from us to receive free electricity and the
Feed-in Tariff at any point throughout the term. The price for doing so is set out in the lease and will typically deliver an
attractive return on investment no matter when you decide to buy the solar PV system.
Q If I wish to re-develop my building can I break the lease and have the solar PV
system removed?
It is permitted to break the lease at any time during the course of the 25 year term, subject to the payment of an agreed
compensation, details of which are calculated on an individual basis for each property and are included in each lease from
the outset.
Q What is the cost of electricity produced by the solar PV system and does it increase?
The starting tariff (in pence per kWh) is adjusted annually by reference to Retail Price Index (RPI), not including VAT
and other regulatory charges. Typically we are able to achieve savings of 10-30% against a client’s grid electricity tariff.
Q What happens if the solar PV system breaks down or develops a fault?
Our remote monitoring equipment will alert us to a fault immediately and it is our responsibility to resolve the problem
through our long term operations and maintenance contract. To minimise the risk of any such issues, we only specify
and install high quality equipment supported by long term warranties and guarantees.
Q Does my building need to meet a certain energy efficiency requirement?
Yes. In order to take advantage of our scheme, commercial buildings must achieve an Energy Performance Rating of
D or higher, although certain exclusions do apply. If required, we will we able to arrange this for you but the solar PV
system we install cannot be included in this assessment.
By 2018 it will be illegal to lease a property with a rating lower than E, so we recommend all property owners start
to consider how they can improve the performance of their buildings and a solar PV system would be one such
improvement.
Q I am a commercial landlord and I have tenants in my building. Can I still take advantage
of the REI Scheme?
Yes. However, you will normally require approval from your tenant beforehand. If you are happy to share the benefit
of the cheaper, clean, green electricity with your tenant, then there is little reason for them to object. Specific
circumstances will apply and you should contact us for further information.
Your questions answered
