You may be aware that in September 2019, as part of the refurbishment and re-insulation of the indoor swimming pool roof, we incorporated two small, PV solar arrays into the roof. Our conservative estimate was that the annual yield of electricity would mean that we would reduce our electricity bill by £1,000 per year, – giving a payback in 4 years for a system that, with little maintenance, should have a 30-year life. In the event, we saved over £1,300 in the first year reducing the payback time to a little over three years if we continue to get the same yield each year. But this was before the dramatic electricity price rise we have seen recently. Marc Newey, CEO and the finance team have reduced the impact on the Club by judiciously negotiating and signing a three-year contract with our electricity supplier.
This makes our solar array even more valuable and brings our payback period to around two and a half years – going green responsibly can really save us money and we expect to introduce much more solar in the ensuing months.