Warik Energy Logo WELCOME

Business Case Study

dreamstime_s_15649999-1 dreamstime_m_19577978-1

Republic of Ireland

  •  IRR Investment returns of 14% to 17% P.A. are now possible for Solar PV systems
  •  Consumption 50,000 kWr P.A.
  •  Electricity costs €0.14 per kWr ex VAT, increasing at 5% P.A.
  •  Solar PV Installation 20kWp, 88 Solar PV Panels, 151 SqM
  •  IRR Return
  •  ~15% with Accelerated Capital Allowance (ACA)
  •  ~14% without ACA
  •  Payback < 8 Years
  •  No Export, 100% Consumption
  •  With 50% Financing at 7.5% over 5 years IRR increases to 17%

Northern Ireland/ UK

Return on Investment

IRR investment returns of 30% are now possible for Solar PV Installation

Case Study

  • Consumption 35,000 kWh per year
  • Electricity costs £0.15 per kWh
  • Solar PV Installations is 20 kWp, 100 panels, 132 Sqm
  • Estimated cost of complete installation £28,000 excl VAT
  • IRR (Internal Rate of Return) 30%
  • Payback in less than 5 years
  • The UK government will pay you a feed-in-tariff of £0.176, for every unit (kWh) you generate 
  • Unused electricity generated by solar panels can be exported to the grid for an agreed export tariff with your electricity provider.
  • Financing is also available on medium/ large projects for up to 70% of capital cost, on a 3-5 year term.