Power on Demand Ltd was established by a highly experienced team of specialists with over 15 years of experience in the renewable industry. Having already crowdfunded a loan of £40k in a record breaking 4 days, Power on Demand are looking to continue growing with a £50k bond. The bond, which will be secured against existing solar panels, will be used to invest in new solar panels to be installed on a new site.
Providing the best technology for your solar needs.
With rising energy costs at the forefront of the news headlines, more and more people are looking to find alternative solutions to reduce their energy bills. Power on Demand believe that it may not be advisable to rely on fossil fuels for much longer, so they believe the demand for renewable energy will increase over time. As such, their aim is to provide an alternative and sustainable future for the world, with bespoke and cost effective options for their customer.
As UK leaders of renewable energy installations, Power on Demand are experienced retailers in solar PV, Biomass Boilers and LED. They supply and install the latest PV systems, which can be mounted on roofs or on the ground, biomass boilers to efficiently heat your home or workplace, and LEDs which use only a fraction of the energy of incandescent light bulbs. All their products come with manufacturers warranties and will even provide clients with a full 10 year workmanship warranty for complete piece of mind.
At Power on Demand, they pride themselves on bringing the customer a tailor made, reliable and efficient renewable energy system, regardless of the size and complexity of the project. They will only provide quotations for the system that actually meets the clients' requirements.
Furthermore, renewable energy is not just environmentally friendly and saves clients' money on their energy costs, but it can also generate a regular income. The Government has introduced various incentive schemes to encourage consumers to invest in renewable energy solutions.
For solar cells, the Feed in Tariffs were introduced in April 2010 in an attempt to try and increase the amount of renewable energy generated in the UK. As a country, the UK needs to hit a legally binding target of 15% of total energy from renewables by 2020.
If electricity-generating technology is installed, such as Solar PV, the Government scheme guarantees an index linked tariff for 20 years. Not only will the Government pay for the electricity generated, even if it is used by the owner, the owner will also be paid for any surplus electricity exported to the grid. This is not mentioning the savings on the electricity bill, henceforth rendered obsolete.
For biomass systems, the Renewable Heat Incentive (RHI) is a UK Government scheme set up to encourage uptake of renewable heat technologies among householders, communities and businesses through the provision of financial incentives. The RHI pays participants of the scheme that generate and use renewable energy to heat their buildings. By increasing the generation of heat from renewable energy sources (instead of fossil fuels), the RHI helps the UK reduce greenhouse gas emissions and meet targets for reducing the effects of climate change.
The scheme is available to all owner-occupiers, private landlords, social housing providers and self build developers of single dwelling properties (new building properties excluded). Once approved, payments are index linked and guaranteed for 7 years.
Power on Demand are a fully accredited MCS installer, where they are so confident in the quality of their installations, they will even provide a full 10 year workmanship warranty.
As a bond, repayments will be interest only, with a bullet repayment of the initial loaned capital in February/March of 2021.
Interest-only
