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Case Studies

Gandtrack – Reduces reliance on grid energy by 23%

Gandtrack – Reduces reliance on grid energy by 23%

Our latest solar photovoltaic installation has been for Oldham based Gandtrack who are market leaders in the design & manufacture of specialist cutting tools for the aerospace & associated industries.

The manufacturing site consumes 187,229 KWh of electricity annually, during daylight hours so Gandtrack were keen to reduce their reliance on grid electricity and reduce their electricity costs.

Craig Jones of Energy Gain UK recommended the installation of a 50 KWp solar photovoltaic system to generate approx. 42,500 KWh per annum. This works out at approx. 23% of total usage.

ESTIMATED RETURN ON INVESTMENT

Return on Investment

£202,160

Payback Period

4.5 Years

Estimated Installation Costs

£45k

Electricity Savings

£242k – The site was forecasted to spend £242k on the same amount of power the solar system will generate over the next 20 years.

These savings will in fact rises as energy costs continue to increase.

Carbon Savings

226,000 KG Co2

Capital Allowances

The system is able to benefit from capital allowances and we assumed 20% write down in our financial forecast.

Graham Hirst, Gandtrack Director said “Energy Gain left me in no doubt they were the right company to provide and install our solar energy needs.” He went on to say “They provided all the technical information simply and clearly for all involved to fully understand and progress.”

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Awards

  • Enegery Gain, Energy Efficient Winner Award
  • Enegery Gain, Energy Efficient Highly Commended Award
  • Enegery Gain, Energy Efficient Commended Award

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