The Economic Case for BIPV
BIPV is unique as a building material as it provides a return on investment. For marginal additional initial costs BIPV performs the same functions as well as, if not better, than standard cladding materials but also provides a return on investment in the form of free renewable electricity for the building making BIPV an attractive economic investment.
|BIPV reduces the amount of electricity used within a building and saves on the cost of purchasing electricity from the mains leading to huge economic savings.
|In addition to the money saved through producing renewable electricity on site there are additional incentives through guaranteed government subsidies and Feed-in Tariffs. Click here for more information.
|Buildings are taxed based on the amount of Carbon used in their operation and construction, BIPV greatly reduces this amount and produces huge savings on the amount paid in Carbon-tax.
|Aside from the aesthetic value afforded by BIPV it helps to showcase a company's green credentials giving a competitive market advantage.