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MRM Electrical Solar PV
- WANT FREE ELECTRICITY?
- MAKE MONEY FROM YOUR ROOF AND THE SUN
- INVEST IN YOUR FUTURE
- REDUCE YOUR CARBON FOOTPRINT
Benefits of Solar Energy
- Earn £38,187 in 25 years from the Sun*
- Reduce your CO2 emissions
- Save £127 off your current electricity bill*
- Enjoy up to 12% tax free return*
- Improve your home's Energy Performance Certificate
*based on a 2.28kWp system.
Example costs, earnings and savings*
See how much you can earn and save with an MRM Electrical solar electricity system:
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System size kWp
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Cost of installed system
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Tax Free Earnings - Year 1
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Savings on Electricity bill - Year 1
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Profit after 25 years
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System payback time
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1.33kWp
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£5800
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£511
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£74
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£20937
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9 years
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2.28kWp
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£7700
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£877
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£127
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£38187
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7 years
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3.8kWp
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£11400
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£1461
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£212
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£65062
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6 years
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All prices quoted above are inclusive of VAT.
Pricing Example Table Explanation:
These figures are for guidelines only and should not be relied upon:
- Cost = Standardised cost for on-roof installations. If preferred please call for prices relating to in-roof installations.
- Tax Free earnings (Year 1) = Total income through the Feed-in-Tariff (Generation Tariff + Export Tariff), following year 1 of install. The export tariff is deemed at 50% being exported.
- Savings on Electricity Bill (Year 1) = Savings assume half of the electricity produced by the system is used in the home. Savings on electricity bill due to reduced imported electricity following solar electricity system install, as of year 1. Savings will increase over the system“s lifetime due to domestic electricity price rises.
- Tax Free Profit (After 25 Years) = The sum of total tax free cash back plus savings on electricity bill
after 25 years, taking into consideration inflation rise of 5.2%, solar electricity system decline in efficiency (losses
each year of 0.5%) and electricity price rises of 5.0% per annum. Profit is effective following the payback period for the
system“s initial cost.
FiT explained
Under the new Feed-in-Tariff (FiT) scheme, your energy supplier pays you for every unit of electricity your solar electricity system generates, whether you use the electricity in your home or export it to the national grid.
As FiT rates will decline over time, MRM Electrical Renewable Energy has been launched to help as many customers as possible benefit from the higher FiT payments - the average customer can expect to make £885* tax free a year.
Even better, you can keep the free electricity you generate to use in your home, which could save you an additional £128* in the system“s first year!
PLUS as the FiTs are index linked - linked to the Retail Price Index (RPI) as a measure of inflation - your investment in this green renewable energy technology will ensure you profit when global oil prices rise.
After April 2012 the FiT rate will decline by 8.5% every year, meaning you won“t get as high a rate for every unit of electricity your system generates compared to the rate you will receive if you install one now. So call MRM today!
Please note:
* Source: SAP2009 v9.90, the Standard Assessment Procedure used by government, designed by the Building Research Establishment. SAP solar irradiance values are based on measurements taken in Northern England (e.g. Sheffield). If you live south of this you could expect higher returns. Prices of electricity used in this example are 13p/kWh. Under the rules no export meter is required, so customers are deemed to use and export 50% respectively of electricity they generate in our examples. However, the system will be read by an electricity company at some stage to make corrections. RPI is set at 5.2% and raise both tariff rates year on year only. The electricity price rises are set at 5% per year for 25 years. This is why profits are higher than simply multiplying 25 years by the total income per year. CO2 equivalent figures are over 25 years based on Energy Conversion Factors from DEFRA 2009. These figures are for guidelines only and should not be relied upon.
FREE ELECTRICITY means energy converted from sunlight and used by the homeowner as part of their overall yearly energy consumption. You will need to pay for additional electricity to meet your needs where necessary.
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