The Benefits of Solar Panels with Battery Systems for Utility Management Companies
As the world transitions to cleaner and more sustainable forms of energy, utility management companies and landlords are looking for ways to meet the increasing energy demands of their clients while also reducing energy costs.
What is the solution to this problem?
One solution to this challenge is to adopt a renewable electricity approach through the introduction of solar panels with battery systems to power communal areas of London apartment blocks. That would not only help landlords with their bills but help to achieve a lower carbon footprint in the long run.
This article and report will explore the advantages of solar panels with battery systems for utility management companies and landlords. As a project manager, I have worked with many central London property management companies like Levy Real Estate Ltd, Bickenhall Mansions Ltd, Quadman, and even likes Howard de Walden.
I know that many London property agencies are looking for the right, green solutions. However, not only central London but as well Wales, South East England, Northern Ireland, and Scotland governments should look into these new technologies.
Advantages of Solar Panels and battery Systems for communal areas in UK
Office for National Statistics claims that UK electricity costs have risen by 66.7% compared with gas which has risen by 129.4%. This data shows that changing your house or tenants’ domestic heating and water heating to electric solutions will drastically save the amount you see on your bills.
How can the use of renewable energy sources help?
The upper hand of Solar Panels with Battery Systems for property management and maintenance companies and homeowners reduces energy demand and bills.
Solar panels with battery systems can store excess solar energy generated during the day and use it during peak hours, reducing the need for electricity from the grid.
This can lead to significant savings in both energy use and costs for utility management companies and landlords. The point is clear but how much are we looking at?
Landlord’s usual cost is estimated by property location, roof structure, sunlight exposure, and homeowner’s electricity consumption over a year. You can email us here for the quote to reduce your outgoings and save.
Enhanced Grid Stability and Reliability.
Solar panels with battery systems can help to balance the grid by providing energy when it is most needed, such as during peak demand periods or power outages.
This can reduce the risk of blackouts or brownouts and improve the overall stability and reliability of the grid.
One landlord in Northern Ireland is planning on installing a mixture of solar panels, heat pumps, and specialist insulation to bring his cost down from 45K to 8K monthly. This sort of development is needed all over England.
Solar panels with battery systems can improve the overall energy efficiency of utility management companies and landlords by reducing their reliance on fossil fuels and providing a clean and sustainable source of energy.
This can help to reduce their carbon footprint and meet government regulatory requirements for carbon reduction.
In compartment to the UK, 2022 data from June taken by European Union organizations like Emmes shows that there is a growing demand for battery storage systems.
Front-of-meter batteries dominate both existing and new installations with limited capacity across both the residential and commercial and industrial sectors, with the exception of Germany and Italy.
The former holds the largest residential market with ~200,000 annual installations whilst Italy is experiencing rapid growth due to government capex subsidies.
Increased Resilience to Power Outages in the UK.
Solar panels with battery systems can provide backup power during power outages, allowing utility management companies and landlords to maintain critical operations and keep their customers connected to support the grid.
To power your usual 2-bedroom apartment in London the homeowner will need to install around 6 solar panels.
Estimates show that to power a communal area of housing consisting of 27 flats would need around 36 panels and battery storage to pay for powering lights, emergency lights, and a lift.
There are many benefits for landlords from reduced energy bills by using solar panels with battery systems to power communal areas such as hallways, elevators, and outdoor lighting.
Our knowledge, data, and expertise can easily calculate the power consumption needed for communal areas so we can make sure that the products we offer cover this perfectly. Many companies in Wales and Scotland are looking into their company resources to be able to pay for efficient systems to help them reduce bills and go green.
Improved Property Value.
The use of wind and solar panels with battery systems can increase the value of a property by demonstrating a commitment to sustainability and reducing energy costs. The UK report indicates that solar panels add around 4.1% to a home’s value – which means you could make tens of thousands of pounds.
As a landlord in England, solar panels could be easily written off the tax for Buy To Let properties. Accessible green energy should be a conscious and easy choice. With our training, we can help to show supporting account ideas and deal advice this purchase could make.
Many utility and real estate company’s data capture in their reports that if the property is worth increasing a British house’s value by 3.5% would, on average, add £8,000 to its value– which is £2,000 to £4,000 more than it typically costs to install solar panels for a property with two bedrooms.
UK government urges for Reduced Carbon Footprint.
Landlords can reduce their carbon footprint by using green energy sources, like solar panels, heat pumps, or wind, to power communal areas, which can help to meet regulatory UK requirements for carbon reduction. Showing a sustainable business model approach is a must in the new world.
The Importance of Meeting Net Zero by 2050 All the important players in the world of property should make significant progress towards meeting the UK government’s target of achieving Net Zero carbon emissions by 2050.
The adoption of solar panels with battery systems is just one of the many ways that companies can work towards this goal. By reducing their reliance on fossil fuels and increasing their use of renewable energy sources, these companies are taking important steps towards reducing their carbon footprint and contributing to the create a more sustainable future by improving the quality of life and air.
However data shows there is not enough space to place battery systems in some of the back of the house apartment space.
Solar panels with battery systems are a viable solution for utility management companies and landlords looking to reduce energy costs, improve energy efficiency, and increase their use of renewable energy sources.
By adopting this technology, companies can improve the reliability and stability of the grid, reduce their carbon footprint, and demonstrate a commitment to sustainability. Moreover, the adoption of renewable energy sources is crucial for companies to meet the Net Zero carbon emissions target by 2050.
However it can be hard. Many blocks of flats visited in London during my project management jobs are not looked after by tenants or apartment owners, many of them being holiday apartments or second homes. This still occurs as a question of when will this trend start being more serious and crucial.