Case Study - Assembly Solutions
"TCD Energy turned what was a frustrating and seemingly impossible situation into a major success story for our company. After months of failed attempts to establish a Smart Export Guarantee, we had nearly given up hope. TCD Energy not only navigated the process with ease but also significantly increased the revenue we generate from our solar exports. Their ability to reduce our imported electricity costs was the cherry on top. We’re now £110,000 better off annually, and I can’t recommend TCD Energy’s services enough."
Oliver
Director
£35,000
Annual Cost Reduction
£75,000
Revenue increase from Exports
Area: Renewable Energy Investments - SEG
Transforming Renewable Energy Investments into Substantial Savings and Revenue
Assembly Solutions is a forward-thinking company that invested significantly in a large solar array to reduce its energy costs and carbon footprint. By generating renewable energy on-site, Assembly Solutions aimed to not only power its operations but also to contribute surplus energy to the national grid, thereby creating an additional revenue stream.
However, the company faced significant challenges in setting up a Smart Export Guarantee (SEG), crucial for monetising their energy exports.
Despite Assembly Solutions’ best efforts, they struggled for eight months to establish the necessary Smart Export Guarantee
Despite Assembly Solutions’ best efforts, they struggled for eight months to establish the necessary Smart Export Guarantee. Their attempts were repeatedly met with obstacles, including a complex application process, bureaucratic delays, and technical difficulties.
Frustrated and with no resolution in sight, Assembly Solutions found themselves unable to receive payments for the surplus energy they were exporting, resulting in an estimated loss of £25,000 in potential revenue during this period. On the brink of giving up, they were referred to TCD Energy by their renewable energy installer for expert assistance.
TCD Energy took immediate action to resolve Assembly Solutions’ ongoing issues
TCD Energy took immediate action to resolve Assembly Solutions’ ongoing issues. The approach included expertly navigating the complicated process of establishing a Smart Export Guarantee for Assembly Solutions. This involved securing the necessary export MPAN (Meter Point Administration Number) and ensuring all technical and administrative requirements were met.
Through preferential arrangements with energy suppliers, TCD Energy was able to significantly increase the revenue rate for Assembly Solutions' exported energy. They negotiated an increase in the unit rate from 5.5p to 15p per kilowatt, effectively tripling the revenue potential.
Recognising the company's need to import electricity, especially during the evenings when solar generation was low, TCD Energy also facilitated a switch to a more cost-effective supplier and tariff. This switch reduced Assembly Solutions' imported electricity costs by 30%.
Total Financial Impact: £110,000 Better Off
TCD Energy’s intervention led to substantial financial improvements for Assembly Solutions.
£75,000 Annual Revenue from Exports:
With the SEG now fully operational and the export rate significantly increased, Assembly Solutions is poised to generate approximately £75,000 per year from their surplus energy exports.
£35,000 Annual Savings on Imported Electricity:
The switch to a more favourable electricity supplier and tariff has resulted in an annual cost reduction of £35,000 for the electricity the company imports during off-peak solar production hours.
- Total Financial Impact: £110,000 Better Off. Combining the increased revenue from exports and the savings on imported electricity, Assembly Solutions is now £110,000 better off annually, thanks to the expert support of TCD Energy.
TCD Energy has enabled Assembly Solutions to fully realise the financial benefits of their renewable energy investment
This case study highlights the transformative impact of TCD Energy’s expert intervention. By successfully establishing the Smart Export Guarantee and optimising both export revenue and import costs, TCD Energy has enabled Assembly Solutions to fully realise the financial benefits of their renewable energy investment.
This success story demonstrates TCD Energy’s ability to resolve complex energy challenges and deliver substantial financial gains for their clients.
