Garo Electric Ireland were delighted to receive the Architects Choice Award for Best Interior Product for StoveGuard SR3. The Awards were presented at ArchiExpo 2017 - a major industry event held this year at the RDS, Dublin. We were particulary delighted as the product has only just entered the market - it truly demonstrates how immediately valued it is amongst the specifier and building industries. For more information about StoveGuard SR3 including demonstration videos, click here.
Paul Fox & Joe Ree receive the Best Interior Award For StoveGuard SR3
Initially in Europe, PV growth was in the commercial sector, later spreading into the domestic sector. In Ireland, the main driver is Part L of the Building Regulations 2011, which applies to new domestic dwellings.
When it comes to commerical installations, a major benefit is tackling the cost of electricity - Ireland has one of the highest electricity costs in Europe. Due to this high cost of electricity, the payback for a commercial installation is only seven to eight years. This figure is based on the current cost of electricity, which will only rise. While the expected life of a PV installation is in excess of 25 years, ongoing savings will be substantial. This is without considering the returns of a Feed In Tafiffs or the use of accelerated capital allowances.
As mentioned above, Feed In Tarfiffs are yet to be introduced in Ireland, however when it does happen, the commercial sector will benefit significantly more from a PV installation. For the most part, commercial businesses are open and consuming electricity primarily during daylight hours. With good design, matched to the individual requirement, the PV plant can operate to minimise the use of electricity from the grid and to maximise the advantage of Feed In Tariffs when introduced.
Electricity prices, Europe 2014 (Data: Eurostat, Strom Report) Source: Strom-Report
Other advantages of PV are that a business can safeguard itself against further price increases. The business is now in control of its own plant and there is little, if any, maintenance. This can provide business with a significant competitive advantage, especially those businesses or industries that are heavily dependent on electrical power.
Click here for more information on Garo's Solar Range..