29 Nov 2011 02:11:40
Councillor finds PV gives better return than ISAs
When former Councillor Mr Prest of Northaw, near Potters Bar was looking for an investment for his savings, he spent a long time researching his options and decided against ISAs and in favour of Photovoltaic (PV) panels from Mitsubishi Electric.
“The money we will save on our electricity bills, coupled with the income from the Government’s Feed In Tariff (FIT) mean that we will get a better return on our investment than any ISA or savings account that I could find,” explained Mr Prest.
The owners spent a long time researching the market and chose Mitsubishi Electric PV arrays because they knew it was a brand they could rely on. Ten PV-TJ225GA6 panels were installed in April by SEH Commercial Ltd of Ipswich and these will now generate an average of 5kWh a day, from the 2.25kWp system leading to an estimated annual yield of over 2,000 kWh.
“Mr and Mrs Prest are very pro-active ‘green’ people and were delighted that the panels only took a day and a half to install,” said Simon Fowler, Technical Manager for SEH Commercial. “We have been installing PV for three years now and with the Mitsubishi brand, the Prest’s can rest assured that they have a system that will continue working hard for them for years to come.”
SEH Commercial is MCS (Microgeneration Certification Scheme) Accredited and the company’s skilled technicians can install a complete range of the latest PV systems for both retro-fit and new-build throughout the UK.
The ten panels are roof-mounted using a Hilti system and face 26 degrees off-south at a 45 degree pitch. PV arrays only need sunlight to work and will continue producing electricity even on cloudy days.
Mitsubishi Electric has been manufacturing PV arrays since the 1970’s and has emerged as a major force on the UK market in the past three years. The company’s reputation for quality products and after sales support has helped Mitsubishi Electric quickly establish itself as one of the leading brands in the PV sector.
“The Prest’s are happy with their panels because they know they will get reliable power generation for at least the next 25 years,” explained Fowler, “and as a company, we are happy because Mitsubishi makes it easy to do business with them.”