Power Education with Solar for Schools

Written By Billy

March 1, 2024

Current estimations suggest that schools across the UK could cut their energy bills by approximately £44 million each year, just by installing a solar system on their roof space. With this, they could also offset around 625,000 tonnes of CO2 yearly.

Net Zero, as a collective goal, is closer than we think. If we want to reach this goal by 2050, schools are a great sector to start. Not only this, but the education of your students will improve as a result, through exposure to working examples of renewable energy technologies.

In short, you will be cutting the energy expenses of your school whilst improving the everyday conditions for your students, impacting their learning in the process.

Are Solar Panels on Schools Worth It?

With savings of over £40 million in energy costs, choosing solar for your school is a self-evident financial choice for your school. Saving money on energy bills is a high priority, but multiple benefits come with installing solar – benefits for you and your students!

  • Improve the Education and Engagement of Your Students: With installed solar, your students will become aware of the benefits of sustainability and renewable energy generation through a working example of renewable energy technology available on their premises. This advantage will also drive engagement towards subjects such as; science, design and technology, IT and geography thanks to on-hand insights.
  • Reduce Your Electricity Bills: One of the main focuses of businesses looking into solar is to cut their energy bills as much as possible. Large savings on bills puts schools in a position to spend more money on educational and recreational programmes. Solar panels have the potential to generate power for over 25 years, meaning that savings will last for quite some time.
  • Less Carbon Emissions: Your school will combat climate change by vastly reducing greenhouse gas emissions. A solar system can be expected to relieve several tonnes of these emissions yearly, ensuring consequential savings on CO2 over the life of your installed system.

How Much Do Solar Panels Cost For Schools?

Depending on various factors such as system size, the types of solar panels and inverters used. The cost of this installation can range from £10,000 to £50,000.

Finance Solutions for Solar

IEG offers affordable and accessible finance options that start from as little as £200. For your school solar, there are two potential financial routes in which you could receive solar:

  • With an operating lease, you will have access to an asset over a period of time in exchange for regular rental instalments. The lease will never last as long as the life span of the equipment, therefore you will never be paying even after the average lifespan of your system.
  • Finance leases operate on a contract basis between you and a finance company. You will receive solar in return for pre-agreed regular payments. Unlike operating leases, this will arrangement will run for the full duration of the equipment lifespan.

It is important to remember that with both of these options, you will not own the equipment at the end of the agreement.

Solar Panel Life Spans

Solar panel systems of high quality can last up to 25 years, providing schools with reliable and cost-effective renewable energy over time. This life span allows for solar panels to be a long-term investment that will reduce the need for maintenance costs.

Maintenance of Solar Panels

Though maintenance costs are minimal it may still be ideal to implement a maintenance procedure for your solar panels.

This maintenance plan can not only keep your solar system in perfect condition, but the a long lifespan will be assured.

Final Thoughts…

Schools are the future foundation of our society. Providing renewable energy can only strengthen this foundation and provide pupils with a positive standard of education and support that they can carry with them into the future.

With IEG, we are proud to be able to offer you the solar panel system you need to begin this renewable energy journey, which will see benefits for years to come.

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