If Capex is not a preferred option a company can still benefit from solar via two simple routes. The first is a Power Purchase Agreement – PPA – whereby we provide, install and maintain the system but the client purchases the power. Traditionally at a significant cost cheaper than the grid – many larger systems produce power at a levelised cost per kWh of between 4-7 pence compared to grid purchased fuel at 13-15 pence per kWh.
The second option is asset finance such as provided by CCL Components who offer customers a range of asset finance options, which allow you the flexibility and choice to get your project up and running at a competitive rate.
The range of asset finance options can range from around £5000 up to £1.5 million, which in itself is negotiable depending on the strength of the client’s balance sheet.
The finance provider will carry out the due diligence on the company seeking the investment and while interest rates will vary depending on the strength of the company and the length of the deal these can range from 2 to 7 years and are paid back in monthly installments to reduce the total value of the project. Other hardware providers such as Fronius will provide up to 15 years of finance term, providing a range to suit all options.
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We would like to thank you for installing our Solar PV system. We liked the fact that yours is a comparatively small team who know each other well and trust and respect each other’s area of knowledge, experience and expertise. John Rowlatt gave us straightforward answers to all our questions and was very informative without putting any pressure on us! Paul and Drew carried out the installation thoughtfully and efficiently and went out of their way to make things as easy and convenient as possible for us. Every aspect of our contact with your team was courteous, helpful and more than fulfilled your promises and our expectations. We would have no hesitation at all in recommending Poweri to others; the work is of very high standard and the personnel knowledgeable and efficient. We wish your team every success in the future.