Solar Microgeneration

Solar energy has recently become a viable option for the long-term planning and management of energy supply and usage.

Government schemes and long term commitments have ensured that not only will investments in solar energy provide a structured returns, it will also provide a hedge against future energy price rises. This has meant an increase in the opportunities of financing solar installations and also the ability for landlords, tenants and business owners to make available their under-utilised roofs/land thereby creating additional revenue and reducing energy costs.

Utilisation of Spare Roof and Land Space

Genien is a specialist Energy Management company focusing on small and medium enterprises, with expertise in Renewables and Solar Energy.

Renewables technology is the usage and deployment of advanced and efficient energy management technologies and technique to save up to 30% of total traditional energy usage (combined, oil, electric and gas energy) and thus significantly reduce bills. We have found that our deployment of these technologies and techniques has a return on investment of less than 36 months. Genien provides a number of financial options to enable the take-up and usage of solar energy.

Genien’s finance options enable customers to take advantage of solar technologies enabling immediate and sustainable cash flow benefits. Our financial options for the deployment of solar technology provide customers with differing space and energy usage requirements, and tailored solutions.

Currently Government schemes provide revenue from two sources, a generation tariff and a feed-in tariff (FIT). The generation tariff is backed by a government commitment over 25 years on money to be paid for generation of electricity by solar technology, for most this will be 41.3 p per KiloWatt/ Hour (KWh). In addition, by supplying excess energy back to the National Grid, generators will be paid 3p per KWh. Obviously any electricity generated can be utilised at rates set by the local generator.

For customers with appropriate roof or land space, Genien will design, install, maintain and optionally operate a solar microgeneration environment. This can be achieved through either Customer Financing or a Genien Lease. A Genien Lease, is where Genien will lease the roof or land and operate the solar environment on its own behalf, supplying the customer with cheap electricity during the daytime.

The options available are as follows:

1. Genien Lease – where Genien will lease the space (normally for a period of 25 years), design/ install and operate the Solar Microgeneration solution and provide a combination of cash and/or cheaper energy to the customer.
2. Finance Lease – where Genien will arrange for the customer to lease the technology, own the assets (subject to lease arrangements) and own the energy generated; and
3. Customer Financed – where a customer will finance and pay for solution on a build-by-build basis. The customer may use cash reserves or borrow to fund the deployment of the solution and own the assets and energy produced.

We recognize that many companies would be challenged by a 25 year lease and offer fair termination terms for convenience, change of control or re-instatement terms. These would be agreed in advance between Genien and the customer.