Run By The Sun have been fortunate in recent weeks to be involved in some great residential new build projects. As building regulations become more stringent, the need to make homes and office spaces sustainable becomes more prevalent. Although there are carbon compliance standards to be met by builders in 2016, there is every chance that there will be more demand to use carbon saving initiatives on site. PV solar is a cheap and easy solution to fill this gap.
There's no getting away from the reductions to the FIT scheme, however as the cuts over the tariff have been made, the cost of solar panels has also fallen too. Since 2010, according to the Solar Trade Association the cost of solar panels has fallen as much as 80%. Encouraging housing developers to adopt solar PV into their projects has been challenging in the past, however it is by far the easiest and most cost effective solution to meeting these building regulations. However, this does coincide with recent public backing. A Mintel poll shows that 8 in 10 people want to see solar on new homes. Living in a sustainable home that supports a healthier lifestyle is becoming aspirational.
There are of course other real benefits to PV solar installation. Run By The Sun use only high quality components enabling us to offer a 10 year backed insurance warranty for all our PV solar systems connected to the grid. Solar power technology requires so little maintenance, inheriting a solar system whether it be on a new or older property is completely hassle free. We suggest to all our customers that it's worth spending a little time understanding the financial gains your system is generating using solar panel monitoring software, but that is about as far as your technical knowledge needs to go. The solar panels which hold a warranty of 25 years can just be silently generating free electricity for you in the background. The only aspect of the system that a homeowner needs to be aware of is that the solar inverter which turns a DC current into an AC current, will need replacing every 10-15 years.
Furthermore, a survey carried out by the world's leading commercial property and real estate services advisor CBRE, showed that 70% of property investors give more weight to projects with sustainability considerations.