This article contains content that is written like an advertisement .(January 2017) |
Type | Privately owned |
---|---|
Industry | Energy-saving, Cavity Wall Insulation, Renewables |
Founded | 2009 |
Headquarters | New Oxford Street, London |
Key people | Daniel Green, CEO and founding partner Bill Sneyd, founding partner and strategy director Sue Welland, founding partner and marketing director Mark Woodal, non executive director Josh Wine, COO |
Website | www.homesun.com |
HomeSun led the transformation in the UK of solar for homes with the launch of Free Solar in 2010 using the Feed-in Tariff (FITs) subsidy. Working with government-led subsidies, HomeSun now offers free cavity wall insulation. The company's particular focus within the category is residential blocks of flats of three storeys and above.
In 2010, HomeSun brought Free Solar PV to the UK, took 350,000 applications. To enable Free Solar, HomeSun used the Government-led ‘Feed-in Tariffs’ and inverted the traditional business model. Instead of homeowners having to find the money to buy solar panels, HomeSun paid for the panels as well as 25 years of maintenance. In return, HomeSun received the Feed-In Tariff and the homeowner received free electricity. The company delivers the free proposition with boilers and now, Cavity Wall Insulation for blocks of 3 storeys and over.
After the introduction of FIT scheme passed through parliament by the Labour government on 1 April 2010, HomeSun planned to install 100,000 panels worth £1 billion over three years as part of their ‘free solar’ scheme. [1] [2] The new Conservative government’s introduction of financial caps on this scheme led to fears that the solar industry would suffer, however Daniel Green, CEO of HomeSun, maintained that the benefits of solar energy would still be felt by ordinary households. [3] [4] The HomeSun free solar panel installation scheme was highly commended by the Microgeneration UK Awards in 2011, (while the company’s partner Carillion Energy Services won the Commercial Innovation award for Project Bright, a privately financed end-to-end delivery model for installing solar PV). [5] Now, HomeSun have received funding for free cavity insulation which comes from the utilities as part of their government-led ECO programme. HomeSun has been selected to install ECO measures and the funding they receive covers everything from surveys, access equipment, market-leading insulation products, and the guarantee. However, just like the solar subsidies, this government-led funding is due to be cut March 2014.
HomeSun is based in New Oxford Street, London. The company was founded upon ‘green principles’ to take action against climate change. The company was co-founded by Daniel Green and Bill Sneyd. Sue Welland (a founding partner of HomeSun) was founder of The Carbon-neutral Company. [6] The company is accredited to renewable energy trade bodies including Act On CO2, The Energy Saving Trust, Renewable Energy Association, Solar Trade Association and the Micropower Council.
HomeSun has featured on BBC TV and many UK news and media outlets. In 2010, BBC Breakfast featured an investigation into how HomeSun could help UK consumers save money on their electricity bills. The company has also featured in articles on home solar energy by the Financial Times, [7] The Sunday Times, [8] and The Guardian. [9] More recently, HomeSun has featured in The Guardian as a solution to cheap ways of improving wall insulations. [10]
HomeSun leases comply to the Council of Mortgage Lenders (CML) guidelines, and they offer Deeds of Variation to keep up with the latest amendments. However, in reality most lenders in the UK have additional requirements over and above the CML guidelines. HomeSun have a policy of refusing to consider further changes to the lease agreement, drastically reducing the number of lenders that potential buyers can use. This goes against their sales patter which claims that "Over 7,000 free installations have been completed by HomeSun and in each case, lenders accepted the HomeSun lease. [11] "
HomeSun do not provide a way of terminating the lease during its term, other than by paying the "buy-out" charge. This charge is (anecdotally) high compared to other providers.
Photovoltaics (PV) is the conversion of light into electricity using semiconducting materials that exhibit the photovoltaic effect, a phenomenon studied in physics, photochemistry, and electrochemistry. The photovoltaic effect is commercially utilized for electricity generation and as photosensors. The power system is controlled using power electronics.
Net metering is an electricity billing mechanism that allows consumers who generate some or all of their own electricity to use that electricity anytime, instead of when it is generated. This is particularly important with renewable energy sources like wind and solar, which are non-dispatchable. Monthly net metering allows consumers to use solar power generated during the day at night, or wind from a windy day later in the month. Annual net metering rolls over a net kilowatt-hour (kWh) credit to the following month, allowing solar power that was generated in July to be used in December, or wind power from March in August.
Microgeneration is the small-scale generation of heat and electric power by individuals, small businesses and communities to meet their own needs, as alternatives or supplements to traditional centralized grid-connected power. Although this may be motivated by practical considerations, such as unreliable grid power or long distance from the electrical grid, the term is mainly used currently for environmentally-conscious approaches that aspire to zero or low-carbon footprints or cost reduction. It differs from micropower in that it is principally concerned with fixed power plants rather than for use with mobile devices.
Many countries and territories have installed significant solar power capacity into their electrical grids to supplement or provide an alternative to conventional energy sources. Solar power plants use one of two technologies:
Solar power in Australia is a fast growing industry. As of 2021, Australia's over 3.04 million solar PV installations had a combined capacity of 25,321 MW photovoltaic (PV) solar power, of which at least 4,613 MW were installed in the preceding 12 months. In 2019, 59 solar PV projects with a combined capacity of 2,881 MW were either under construction, constructed or due to start construction having reached financial closure. Solar accounted for 9.9% of Australia's total electrical energy production in 2020.
Building-integrated photovoltaics (BIPV) are photovoltaic materials that are used to replace conventional building materials in parts of the building envelope such as the roof, skylights, or facades. They are increasingly being incorporated into the construction of new buildings as a principal or ancillary source of electrical power, although existing buildings may be retrofitted with similar technology. The advantage of integrated photovoltaics over more common non-integrated systems is that the initial cost can be offset by reducing the amount spent on building materials and labor that would normally be used to construct the part of the building that the BIPV modules replace. In addition, BIPV allows for more widespread solar adoption when the building's aesthetics matter and traditional rack-mounted solar panels would disrupt the intended look of the building.
Spain is one of the first countries to deploy large-scale solar photovoltaics, and is the world leader in concentrated solar power (CSP) production.
Solar power in India is a fast developing industry as part of the renewable energy in India. The country's solar installed capacity was 53.997 GW as of 31 March 2022.
Solar power in Germany consists almost exclusively of photovoltaics (PV) and accounted for an estimated 8.2 percent of the country's gross-electricity generation in 2019. About 1.5 million photovoltaic systems were installed around the country in 2014, ranging from small rooftop systems, to medium commercial and large utility-scale solar parks. Germany's largest solar farms are located in Meuro, Neuhardenberg, and Templin with capacities over 100 MW.
Financial incentives for photovoltaics are incentives offered to electricity consumers to install and operate solar-electric generating systems, also known as photovoltaics (PV).
Solar power represented a very small part of electricity production in the United Kingdom until the 2010s when it increased rapidly, thanks to feed-in tariff (FIT) subsidies and the falling cost of photovoltaic (PV) panels.
Renewable energy in the United Kingdom contributes to production for electricity, heat, and transport.
A feed-in tariff is a policy mechanism designed to accelerate investment in renewable energy technologies by offering long-term contracts to renewable energy producers. Their goal is to offer cost-based compensation to renewable energy producers, providing price certainty and long-term contracts that help finance renewable energy investments. Typically, FITs award different prices to different sources of renewable energy in order to encourage development of one technology over another. For example, technologies such as wind power and solar PV, are awarded a higher price per kWh than tidal power. FITs often include a "degression", a gradual decrease of the price or tariff, in order to follow and encourage technological cost reductions.
Feed-in electricity tariffs (FiT) were introduced in Germany to encourage the use of new energy technologies such as wind power, biomass, hydropower, geothermal power and solar photovoltaics. Feed-in tariffs are a policy mechanism designed to accelerate investment in renewable energy technologies by providing them remuneration above the retail or wholesale rates of electricity. The mechanism provides long-term security to renewable energy producers, typically based on the cost of generation of each technology. Technologies such as wind power, for instance, are awarded a lower per-kWh price, while technologies such as solar PV and tidal power are offered a higher price, reflecting higher costs.
Solar power in the United States includes utility-scale solar power plants as well as local distributed generation, mostly from rooftop photovoltaics and increasingly from community solar arrays. As of the end of 2021, the United States had 121,475 megawatts (MW) of installed photovoltaic and concentrated solar power capacity combined. In 2018, utility-scale solar power generated 66.6 terawatt-hours (TWh), 1.66% of total U.S. electricity. During the same time period total solar generation, including estimated small-scale photovoltaic generation, was 96.1 TWh, 2.30% of total U.S. electricity. In terms of total cumulative installed capacity, by year end 2017 the United States ranked 2nd in the world behind China. In 2016, 39% of all new electricity generation capacity in the country came from solar, more than any other source and ahead of natural gas (29%). By 2015, solar employment had overtaken oil and gas as well as coal employment in the United States. In 2016, more than 260,000 Americans were employed in the solar industry.
Feed-in tariffs in Australia are the feed-in tariffs (FITs) paid under various State schemes to non-commercial producers of electricity generated by solar photovoltaic (PV) systems using solar panels. They are a way of subsidising and encouraging uptake of renewable energy and in Australia have been enacted at the State level, in conjunction with a federal mandatory renewable energy target.
Solar power in Japan has been expanding since the late 1990s. The country is a major manufacturer and exporter of photovoltaics (PV) and a large installer of domestic PV systems, with most of them grid connected. Japan has a solar irradiance of about 4.3 to 4.8 kWh/(m2·day).
Mark Group Limited is a UK based energy advice and installation company, who focus upon energy efficiency. Mark Group went into administration on 7 October 2015. They work with homeowners, businesses, housebuilders and the construction industry, local authorities and social housing providers. Mark Group operates out of 17 locations throughout England, Scotland and Wales. Its head office is based in Leicester, East Midlands, where approximately 500 of its staff operate.
A feed-in tariff is when payments are given by energy suppliers if a property or organisation generates their own electricity using technology such as solar panels or wind turbines and feeds any surplus back to the grid. In the United Kingdom, they were entered into law by the Energy Act 2008 and took effect from April 2010. The scheme closed to new applicants on 31 March 2019.
Solar power in Denmark contributes to a goal to use 100% renewable energy by 2050. The goal of 200 MW of photovoltaics by 2020 was reached eight years early, in 2012, and 36 MW was being installed each month. Denmark had 790 MW in late 2015. A total of 3,400 MW is expected to be installed by 2030. Many solar-thermal district heating plants exist and are planned in Denmark.