1 / 10

Complex PV Projects

Complex PV Projects. Financial Planning. Overview. Impact of FITs Development, capital & operational costs Bulk discounts Income Returns Roof options Scenario running. FITs Impact. 32.9p/kWh to 15.2p/kWh (12p for multi) 6% to 0.6% return Capital cost – how soon below £2ppw?

licia
Télécharger la présentation

Complex PV Projects

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Complex PV Projects Financial Planning

  2. Overview • Impact of FITs • Development, capital & operational costs • Bulk discounts • Income • Returns • Roof options • Scenario running

  3. FITs Impact • 32.9p/kWh to 15.2p/kWh (12p for multi) • 6% to 0.6% return • Capital cost – how soon below £2ppw? • Charging for electricity • What return?

  4. Biz Plan vs Financial Plan • Bank finance • Unlikely below £1m • Unknown roofs • People led project = greater risk • Financial plan = essential from outset

  5. Financial Plan • Capital & Installation • Capital costs • Installation • ~ £2-2.5ppw installed • Operating • Maintenance/ • replacement • Insurance • Rates • Co-op admin Development • Technical • Planning • Legal • Share offer

  6. Bulk Discounts • Legals • Technical • Share offer • Cap Ex & installation • Insurance Other reasons? Time & effort, publicity hit, CO2 savings

  7. Income • FIT • Electricity sales • One price fits all or bespoke • Model impact • Think about negotiation strategy

  8. Returns • Sufficient to incentivise investment • 3-6% is normal for smaller projects + EIS • Higher = more likely to raise funds • Reduced if looking for community fund • 25 year investment with £250 minimum

  9. Roof Options • Smaller arrays used to cost more ppw • Other factors affecting price (eg scaffold) • Legal arrangements – cost? • Timescale implications?

  10. Scenarios • Compare scenarios from start – realistic expectations • Understand your negotiation constraints • Confidence – for you and ‘client’ • Change tack swiftly with new circs

More Related