Why Solar Panels Are A Great Investment For Your School Building

Recent years have seen the cost of solar panels significantly drop and their over

all predicted life span increase by over a third as 90% of panels have proven to last over 30 years which is a massive improvement compared to the original prediction of lasting just 20 years, bringing the overall lifetime cost down. This makes them the perfect investment for your school building.

EU Energy Institute forecast that panels will be equal in terms of cost to energy taken straight from the grid for half of all UK homes in just 10 years, this means your school building could be generating your power sooner than you think. This news means that solar power is closer to it's goal of achieving grid parity which is where it's just as cheap to use your own generated power as it is to take it from the grid. Something that is becoming more and more likely as tradition energy prices continue to rise.

In the last year alone the prices of solar panels have dropped on average 30% which is due in part to incentive schemes for solar energy run in countries all over Europe, this in turn has increased the amount of panels being manufactured and brought costs down, there's never been a better time to think about adding a solar panel to your school building and any new classrooms you might be planning to build.

Test have shown that after subjecting the solar panels to extremes of heat, cold and humidity to accelerate their aging cycle, over 90% were still capable of performing well beyond 30 years. This means that solar panels in production today could easily have an average life span of 40 years and this is partly what has lead to calls for banks to offer mortgages on them as they do with homes due to their good investment potential. Their proven longevity could make them the perfect investment for your school building too.

Even in the UK, which doesn't experience a high level of constant sunshine when compared to countries like Spain and Italy, solar panels are expected to become a competitive and feasible provider of energy compared to the grid by 2030 at the latest. The sunnier European countries are expected to reach grid parity within the next five years.

This may all seem like a pipe dream at the moment, especially for schools who struggle with their limited budget as it is, but having solar panels added to your school building or simply added to any new buildings or classrooms your school might be having built is a really sound investment. Plus there are is a whole host of grants, awards and funding options available to help education establishments bring their school buildings into the 21st century.

By using renewable energy in schools, you will not only cut your energy bill but you're also helping to educate your pupils on being as green as possible, something that will become second nature as they grow up.

Best of all thanks to the new Clean Energy Cash Back scheme, any UK school that installs a solar energy solution to their school building will be entitled to claim cash back for all the solar energy they generate. Not only do schools receive a set amount for every unit of energy they generate for their own use, they will also get an addition sum for every unit of energy they are able to export to the grid for others to use. The amount paid will increase with inflation and has been guaranteed for the next 25 years meaning you could actually be making money from any solar panels you have on any of your school buildings.

Thanks to this scheme, it is completely possible for any schools to re-coup the cost of their solar panels within the first year of installation. Making a solar panel addition to your school building not only energy efficient, but cost efficient too

by: Kimberlie Hutson

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