TCS takes advantage of FiT
GMI Energy has installed 208 solar panels for Town Centre Securities on the roof of Urban Exchange in Great Ancoats Street, Manchester.
The 240w system non-penetrating roof-mounted system is capable of producing 44,800 kwh of energy a year, generating a combined income and saving of £10,550 a year over the 25 year feed-in-tariff period. This is equivalent to a 9% return on the cost of installation. Urban Exchange is occupied by Aldi, M&S Outlet, Pure Gym and Go Outdoors.
Ben Ziff, managing director of Town Centre Car Parks, a subsidiary of TCS, said: "We installed PV panels at the Clarence Dock car park in Leeds last year, creating the UK's largest city centre renewable energy system, and are very pleased with the performance so far. Not only do they cut our energy bills, but they provide us with a return on our investment. Introducing solar systems to our estate is a part of our ongoing strategy to use innovative and technological ways to improve our business and help shape the environment in challenging times."