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Solar for Schools

Who benefits

Solar for Schools CBS's vision is to enable every school to cut carbon emissions while inspiring the next generation to live more sustainably and save money.

Energy generation

Projects that meet the Solar for Schools CBS's conditions will be built as funds are raised. The smallest projects the Solar for Schools CBS will currently accept are 30kWp which require £30,000 in funding.

A school with about 110 solar panels (30kWp) will generate up to 750,000 units (kWh) of electricity over the lifetime of the system and cut Carbon Dioxide emissions by 10 to 15 tonnes a year

Local schools

Under the terms of the Solar for Schools CBS contract any profits generated over time are shared equally between Solar Options for Schools Ltd and the schools in proportion to the size and performance of their system. Once financing costs and reserves for repairs are accounted for, the remaining profit share for each school should amount to between 20% and 30% of the value of the initial investment over the 25 years of the agreement i.e. with a 30 kW system, assuming all runs to plan, the school would receive a further £7,000 from the profit share scheme.

Assuming the Solar for Schools CBS raises and deploys a total of £1.5m on school projects over the next 12 months, schools will see a financial benefit based on savings and income from the Solar for Schools CBS of between £1.5m and £4.5m over the lifetime of the system depending on how well the systems perform, inflation and mains electricity prices.

The following table shows an example of the benefits to schools for every £240k invested, and in the case that 5 systems totalling 260kWp are installed (2 x 30kWp, 2 x 50kWp, 1 x 100 kWp):

Benefit to school Year 1 Years 2-5 Years 6-10 Years 11-15 Years 16-20 Years 20-25 Totals
Savings from solar electricity 1,638 12,113 30,145 51,752 79,950 116,428 292,025
Profit share (50% of surplus) 0 2,102 7,952 11,376 14,630 46,527 82,588
Total financial benefit for the schools 1,638 14,215 38,097 63,128 94,580 162,955 374,613

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