Factors in the U.K. affecting the profitability of installing solar in 2014

Ener-t-ES-3_5-Collectors-during-installation-in-Rajasthan-300x129Cut costs and boost profits

The past few years’ roadshows have placed an emphasis on how solar companies can best adapt to continued changes in the policy landscape. However, 2014 is shaping up to be different. With the market in better condition and a stable support mechanism, everything is in place to support a record year of solar in the UK.

Solar in the UK is transforming into a mature market that managed to exceed 1GW of installed capacity for the first time last year. In order to fulfill the sector’s vast potential, British solar companies need to address a number of changes that will affect the profitability of installing solar in 2014:

  • Upcoming cut to Renewable Obligation funding
  • Increased module price pressure after EU imposed anti-dumping measures
  • A slowdown in the rate of savings from technical advances

This year’s ‘cut costs and boost profits’ series of roadshows will focus on where companies can find the necessary savings to excel in the solar market in 2014. In order to successfully cut operational costs and boost profits, companies will need to assess a number of new, innovative options:

  • Affordable storage – all the latest technology on offer and how to sell it to customers
  • The Renewable Heat Incentive and Green Deal – represent exciting new revenue stream opportunities for PV installers
  • Balance of System (BoS) and inverters – how to lower costs and boost competitiveness with system optimisation
  • Reducing operational costs – how to streamline customer acquisition and marketing
  • Utility scale side planning costs – streamline your site-selection process with proper community engagement

As always the roadshows will visit a number of key locations across the UK throughout the month of February:

Monday 3 February – Sandown Park Racecourse, Surrey
Tuesday 4 February – Taunton Racecourse, Somerset
Wednesday 5 February – Huntingdon Racecourse, Cambridgeshire
Thursday 6 February – Salford City Stadium, Manchester
Monday 10 February – Thirsk Racecourse, Yorkshire
Tuesday 11 February – Musselburgh Racecourse, Edinburgh

Book now to ensure that your company is well-placed to take advantage of what analysts are tipping will be the most successful solar year ever.

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