Five Good Reasons To Retain SRM Projects to Help Plan Your Business Solar PV System

A little professional engineering adds significant value to your solar PV system, especially if your system is 20 kW or larger in capacity.  Here are some good reasons to retain SRM Projects to help you plan your solar PV system:

  1. We can quickly assess your facility to determine if it is a good fit for solar PV;
  2. We can help you determine your existing average annual electricity consumption and whether or not there are obvious, low cost energy conservation measures you can implement before investing in a solar PV system;
  3. We can develop a conceptual solar PV module layout to determine approximate system capacity (kW), annual electricity generation (kWh), cost and expected long term cost of electricity;
  4. We can provide key structural loading information to your structural engineer so they can confirm the capacity of your existing roof;
  5. We can prepare a detailed request for proposals or tender, including comprehensive specifications, that can be issued to several solar PV vendors.  This ensures that all proposals/bids received are all based on the same criteria and high level of quality

Thinking of going solar PV but aren’t sure?  Check out our November 29, 2018 post to see where current costs are and what current tax incentives apply then send us an inquiry!

Does Solar PV Make Sense For My BC Small Business?

The answer is a resounding YES for much of southern BC!

Update December 10, 2018:  Since our original post on November 29, 2018, we received feedback from our BC followers suggesting that BC Hydro rates may rise even faster than the ten year BC CPI electricity only rate of 4%/year, citing actual BC Hydro past pricing data from published reports and the looming threat of overruns on the Site C dam project.  So we re-crunched our numbers and this updated post contains a revised upper price increase projection.

If you compare the 25 year levelized cost of energy (LCOE) for grid-tie solar PV generated electricity with the updated cost projection scenarios below for grid supplied electricity provided by BC Hydro, you can see solar PV is clearly the long term winner and potentially even more attractive than we first thought!

The solar PV LCOE in the above chart is based on a 20 kW grid-tie solar PV system in Nanaimo, BC, with less than 5% shading and detailed-design/supply/install at $2.50/watt.  We have assumed solar PV system performance degradation at industry standard 0.5%/year, inflation at 2%/year and that no financing is required to cover the capital costs.  Cost allowances are included for conceptual design, structural engineering check, preparation of specifications, preparation/issue of request for proposals and long term maintenance.  Future BC Hydro rate scenarios on the chart are based on this new projection, which was developed from actual BC Hydro historical data, BC Consumer Price Index (CPI) data and the assumption that mega-projects like Site C usually cost more than initially estimated (for example, the Muskrat Falls hydro project in Labrador, which has doubled in price).

Note also that clean energy equipment is PST exempt – see BC Bulletin PST 203 for details.  Even better, the current CRCE accelerated capital cost allowance will help you write off your solar PV system quickly and the federal government has just announced that all clean energy equipment may be written off in the first year starting in 2019!

Interested in long term savings on your electricity bill to cut your small business expenses and be more competitive?  Call us today for help with conceptual design and preparation of detailed procurement documents to ensure you get the best solar PV system value!

Older posts «

Axial Tidal Turbine Array

Horizontal Twin Jet Pelton Turbine

 

Wind Turbine Looking Skyward

Wave Point Absorber Array

Electrical Sub-Station

 

Ducted Tidal Turbine Test Installation at Race Rocks, BC

Ducted Tidal Turbine Test Installation at Race Rocks, BC

 

 

Wind Turbine Nacelle

Hydropower Penstock

Wind Turbine - Near Chetwynd, B.C.

Hydropower Intake Structure

Vertical Pelton Turbine Generator