A new free solar panel savings calculator, designed to give businesses a better understanding of the benefits and cost-savings associated with solar energy investments, has been launched.

By inputting key details about a building and its current energy usage, the calculator provides a personalised report detailing projected savings, energy output, grid offsetting, estimated payback period and more.

Ennovus Solutions, who are behind the tool, have used the Microgeneration Certification Scheme’s (MCS) methodology and look-up tables for expected solar yield to accurately predict savings, and with most commercial solar panel systems having a lifespan of over 25 years, the average payback period is between four to six years.
In the midst of current geo-political uncertainty and reliance on volatile energy markets, David Woon, head of net-zero engineering and operations at Ennovus Solutions, said: “Generating solar electricity on-site is a major opportunity for firms looking to reduce this reliance and protect against rising utility prices, but we often find that customers aren’t sure what that means for their business, or what information is required to make a start.”

David continued: “Our team developed this tool to make it easy for businesses to understand just how much of an impact solar panels can have – on operating costs, carbon emissions and ultimately, the bottom line. As well as providing resilience, investing in solar also signals to customers, investors and stakeholders that a business is fully committed to sustainable practices, which is essential in today’s economy. With fully funded solutions available, solar energy really is a no-brainer.”

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