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News

New 16p solar FiT will go ahead from August 1

 

Minister of State Greg-Barker

 

28th May 2012: After weeks of anticipation the Department of Energy and Climate Change (DECC) has today published the results of the latest solar feed-in tariff consultation. From August 1 the new rate for 4kW systems will be 16p/kWh, set in line with current installation figures.

With installed prices now more than 50 percent lower than in April 2010 when the FiT was first introduced, the latest tariffs are aimed at providing the same returns as originally set out. 
Speaking in the House of Commons this afternoon the Minister of State, Greg Barker announced a range of alterations to the existing feed-in tariff (FiT) scheme. The UK solar industry will now benefit from a less complex degression management model, which includes smaller quarterly degressions linked to market deployment. This differs from the existing system, which offers an automatic degression. more on this topic

Solar Panels
solar panels 021Solar Panels Still a Great Investment

Says Princes director Paul Prince.

Recent Government announcements, alongside negative coverage in the media, have created the impression that investment in Solar Panels is no longer attractive.


Nothing could be further from the truth!

 
Whilst it is true that the Government has confirmed its intention to phase in a reduction to the feed in tariff (FIT), it is also the case that the installation costs associated with solar panels have reduced significantly.
This means, based on the Government’s current FIT rate of 21p per kWh, that we can offer a solar panel package for your home that will provide a return of around 10% a year, in FIT payments and reduced energy bills.
As you will know, this return, tax free and guaranteed for 25 years, contrasts most favourably with any investment opportunities currently available from your bank or building society!
What’s more, you benefit from the feel good factor derived from reducing your household’s carbon footprint and doing your bit to help save the planet.
Please contact us at the earliest opportunity to arrange for a visit to your home on a no obligation basis, and allow us to demonstrate the potential financial and environmental benefits, based on a tailored proposal. Paul Prince May 2012

NAPIT_MCS_Installer

 

Enjoy a Princely reduction to your electricity Bills!!

Princes are delighted to announce they now hold MCS accreditation to add to the ever growing, impressive portfolio of nationally recognised accreditations.

MCS = Microgeneration Certification Scheme is the requirement by  the government for installers to achieve in order that  customers can  connect  and benefit  to the feed-in tariff, which is the Government's system for paying you to generate electricity through solar panels.

(If you are thinking of having solar panels fitted PLEASE ensure your installer is MCS ACCREDITED)

Princes' comprehensive internal management system and expertise in electrical installation  has enabled us to have a straight forward passage through the exacting MCS  audit. We would now welcome enquiries from  our domestic & commercial customers who are keen to learn more about our solar panel supply & install service, leading to reduced energy  bills and an effective contribution to a greener environment. - October 2011

Interface 9001-100pxl

 

Paul Prince, director of Princes Electrical Contracting,  was jubilant today following the announcement that their bid for ISO 9001:2008 certification has been successful. The good news came shortly after the final audit was carried out last week. Paul commented ”The award itself is the result of hard work by the internal office team and it confirms that the company’s high level of organisation and management meets the exacting standards required by this internationally recognised standard. By achieving this standard Princes Electrical Contracting can confidently assure its varied business clients that its internal procedures and systems are of the highest standard.

holborn-london-36

 

Princes electrical contracting have now completed work on the Royal Courts of Justice in London.

The work, done  in conjunction with main contractors  ALL SECURITY, was carried out over a 3 month period  at night.  Princes Director Simon Lewis who managed the project said "“It was a privilege to  carry out the upgrade work on such an historic  grade 2 listed building  as The Law Courts. I feel this reflects very positively on our technical ability as Princes were selected  above others by All Security who are a National size company so could have selected contractors much nearer to London. The court is a magnificent building and as you would expect standards of security were very high so it was reassuring that our own Human Resource & Health and Safety  systems have come to the fore to support our technical expertise”.
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