June 2022 - Centreco

Commercial Landlords use Centreco to address MEES and access new revenue streams

Centreco (UK) Limited, the leading installer of commercial solar energy systems, has seen a marked increase in the take up of their services to address the impact of the UK government’s Minimum Energy Efficient Standards (MEES) on the leasing of commercial premises.

Originally introduced in 2018 by the government as part of a wider strategy to tackle climate change, the Minimum Energy Efficient Standards (MEES) make it unlawful to let residential or commercial buildings with an Energy Performance Certificate (EPC) rating of F or G – effectively the two lowest grades of efficiency. These restrictions are being extended from April 2023 to cover leases is already in place, thereby capturing all short and long term commercial lets.

The consequences for landlords of not meeting with these regulations are significant with penalties up to a maximum of £150,000 being enforced by Trading Standards.

Landlords can be exempt if they can demonstrate that qualifying energy efficiency improvements have been carried out to these properties. Many landlords are therefore turning to Centreco to provide an immediate improvement of the EPC rating for a property by installing a solar energy system, as it provides the strongest commercial case for landlords, whilst benefiting both sitting and future tenants.

A solar energy system will provide an immediate uplift in the EPC rating of a building and in virtually all instances will overcome the implications of MEES for a commercial landlord, whilst delivering the wider environmental benefits brought by self-generated renewable energy.

Landlords are also able to further benefit from a commercial solar energy system as they can use it to generate additional revenue.

Typically, a roof-top or ground mounted system will generate electricity at an equivalent cost rate of 2-4p per kWh, over a 25-year plus period. With commercial electricity rates from the grid currently averaging 30-40p per kWh, landlords could be selling electricity back to a tenant through a simple Power Purchase Agreement at a rate below that open market benchmark and generate substantial returns.

Centreco’s Business Development Director, Tom Knox. says “there is significant scope to earn additional revenue, improve returns on capital employed and increase the value of the property asset, whilst also benefiting the tenant with significantly cheaper energy costs than they could access in the wider market.

With the increasing restrictions of the MEES legislation and the ever-escalating price of electricity, so Centreco are seeing increased demand for solar energy systems from landlords to deliver environmental and financial benefits whilst delivering an upside for their tenants.

Solar energy offers a win-win for the landlord and tenant.”

If you’re a commercial landlord and you are interested in finding out more, why not give Centreco a call on 01257 208 943 today and see how a solar energy system can work for your commercial property portfolio.

10th June 2022

Dynamic Metals Partner with Centreco to Deliver Industry Leading Solar Energy System

Image: Centreco mid-installation at Dynamic Metals (77kW solar energy system)

Dynamic Metals select Centreco (UK) Limited to deliver industry leading solar energy system
77kW capacity system installed at Leighton Buzzard Head Office
System comprised of 204 Tier One Solar Panels
CO₂ emissions savings of over 375 Tonnes across the next 25 years
Electricity costs slashed to 3.9p per kW Hour for the long term

Centreco (UK) Limited, the UK’s leading installers of commercial solar panel systems are pleased to announce the completion of a 77kW Solar Panel System for Dynamic Metals at their Head Office premisses in Leighton Buzzard. The solar panel system consisting of 204 roof mounted tier one panels will allow Dynamic Metals to generate their own green electricity, with the system predicted to save over 375 Tonnes of CO₂ emissions over the next 25 years allowing this supplier of aerospace grade metals to significantly reduce their carbon footprint, something of significant importance to the business as they seek to further improve their green credentials. These CO₂ savings are equivalent to 945,652 miles driven by an average passenger car.

With electricity costs on the rise, Dynamic Metals by owning the system are now able to benefit from equivalent fixed electricity costs of just 3.9p per kWh projected over the next 25 years. This offers a substantial saving versus current grid supplied commercial electricity rates at in excess of 25p per kwh, with these market prices subject to long-term inflationary pressures. The system provides energy security to the Dynamic Metals operation, with the integration of the Centreco solar energy system complementing the company’s focus on premium supply processes and high-quality accreditations.

Using the latest design techniques alongside site surveys, Centreco were able to design and install a bespoke solar energy system that matches Dynamic Metals electricity usage profile, ensuring the best long term commercial returns for the business.

Alex Bailey, Operations Director at Dynamic Metals said “Working with Centreco was a pleasure. Time was taken to ensure that our specific requirements were met by the system and the installation teams were brilliant.

The system is performing well and just sits quietly in the background doing its thing without the need for us to do anything. It’s great that the system is not only improving our green credentials, but also saving the company money at the same time.

I would happily work with Centreco again in the future for my next solar project.”

Centreco’s Senior Project Manager, Alan Cuthbert said, “Dynamic Metals have taken the next step towards a green future by installing a solar energy system. This is more important than ever as increasing pressure is applied to supply chains to decrease carbon emissions. This is especially important within the aerospace and motor sport industries – sectors which Dynamic Metals excel in. With the installation now complete, Dynamic Metals now gain a significant environmental advantage and complement their quality operations with a premium solar energy system from Centreco.

There is a second benefit to Dynamic Metals being that they can now benefit from a significant reduction in their expenditure on electricity, with the equivalent fixed hedge price of 3.9p per kW Hour – a huge saving on the current market rates with inherent protection against electricity price inflation in the long-term. When you look at the current availability of commercial electricity costs in the UK market, there are no grid-based energy supplier that can match these equivalent prices.

It has been a pleasure working with the Dynamic Metals team to deliver the installation”

www.Centreco.co.uk | www.dynamicmetalsltd.com

8th June 2022

Centreco Strengthens Project Development Team With Appointment of Tim Young

With the Commercial Solar Energy sector experiencing strong demand, Centreco (UK) Limited, the leading installer of commercial solar energy systems, have further bolstered their operational capacity with the appointment of Tim Young to the Business Development team focussing specifically on project development in the South of the United Kingdom.

Throughout Tim’s career, he has worked through periods of exceptional change within various industry sectors and from day one has truly understood the benefits that a Commercial Solar Energy System will bring a business.

Tim has always had a very keen interest in the environment and helping both individuals and business looking to reduce their carbon footprint, and in his free time currently volunteers as a community editor of a newsletter focussing on local environmental issues.

On his appointment Tim said “I am delighted to be joining the Centreco team at such an exciting time for Solar Energy. I have always been passionate about environmental issues and now working for Centreco gives me the opportunity to provide businesses with a commercially viable way to significantly reduce their carbon footprint, whilst providing one of the best commercial returns available.”

Speaking about Tim’s appointment, Centreco Managing Director, Jon Williams said “Tim’s experience supplements our existing resources in the South of the country to extend our focus further there. His skills are a welcome addition to our project teams operating throughout the United Kingdom as Centreco continue to accelerate their delivery of renewable energy projects nationwide.

Tim’s mindset is intrinsically aligned with the objectives of Centreco, we want to help our clients reduce their carbon footprint and save money. With the ever-increasing commercial electricity rates as well as growing environmental pressure across business supply chains, Tim has joined the company at an exciting time. Tim’s passion for the environment is infectious and I have no doubt that he will be a key deriver in delivering a range of new solar energy projects for business clients in his region.”

If you’ve ever considered a Commercial Solar Energy system, why not get in touch with Centreco today on 01257 208 943 today and see how a solar energy system can benefit your business.

6th June 2022

Centreco Invest In Further Solar Energy Installation Capacity

Centreco Meets Increasing Demand And Positions Itself At The Heart Of Commercial Solar Energy Sector
Operational Structure Bolstered With A Six Figure Investment Into Solar Energy Deployment Resources
Annual Installation Capacity Trebled To In Excess Of 30 Megawatts Per Annum
Investment Into Staff, Fleet, Capital Equipment And Technology Initiated And Accelerating Over Coming Months
Recruitment Drive Launched To Bring New Talent Into Renewable Energy Sector

Centreco (UK) Limited, the leading installer of commercial solar energy systems, has announced a substantial six figure investment into increased operational resources to drive their installation capacity.

The Company has introduced a regional operational structure to house an increasing number of installation teams and initiated a talent recruitment campaign. By moving to an operational management structure in the North and South of the United Kingdom Centreco target moving their annual installation reach from 10 Megawatts per annum, experienced by the business in the last twelve months across over 50 completed installations, to a capacity in excess of 30 Megawatts per annum across the coming year.

This increase in installation capacity is at the heart of Centreco’s strategy to maintain its leadership in the specialist solar energy for business sector. The investment in staff, its fleet, capital equipment and technology has begun and will be accelerated over the coming months to meet the increasing market requirements for Centreco’s high quality tier one solar energy systems.

The company’s installations deliver self-generated renewable energy for their clients at a fraction of the cost of purchasing electricity from the grid. A client will see immediate cash flow benefits from owning a system, they will insulate themselves from energy inflation in the long-term and protect themselves from any energy supply risks. The environmental benefits of solar energy are well documented and with pressure on the sustainable integrity of business supply chains, Centreco’s solar energy systems have been at the heart of their client’s carbon neutral strategies.

Adrian Dunleavy, Chairman of Centreco says “Our business has enjoyed excellent progress over the last year. With demand for well designed, well installed solar energy systems set to increase markedly in the coming months Centreco place themselves at the heart of this sector by continuing to develop our business in line with this growth.

With investment in new installation teams we will build incremental capacity to deliver our expanding order book whilst laying the organisational platform to address the structural shift in business energy markets to self-generated renewable energy. We are proud to be a leader in this burgeoning sector and by bringing in additional talented staff and introducing new infrastructure to Centreco we intend to stay ahead of the curve.”

Jon Williams, Managing Director of Centreco says “Stepping up to an installation capacity at over 30 Megawatts per annum is a natural step for Centreco. The Operational structure and management we now have in place now can absorb the growing teams and meet the accelerating demand we are seeing. By self-investing in the development of our Company we are future proofing the business in a market which is experiencing strong growth with the external factors driving this progression set to dominate for the long term.

The green sector is attractive for potential employees and we look forward to working with ambitious individuals joining Centreco on the back of our investment and to offering them the chance to enhance their skills and to progress with the organisation as we grow further over the coming years.”

If you are interested in joining our exciting renewables business as a team leader, electrician, solar installer or an apprentice, please give Centreco a call on 01257 208 943 today and see how our Company can offer you a rewarding career.

1st June 2022

Month: June 2022

Commercial Landlords use Centreco to address MEES and access new revenue streams

Dynamic Metals Partner with Centreco to Deliver Industry Leading Solar Energy System

Centreco Strengthens Project Development Team With Appointment of Tim Young

Centreco Invest In Further Solar Energy Installation Capacity

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