PassivSystems plans to make solar PV attractive
PassivLiving HEAT is a low cost smart heating control service which when bundled with Solar PV could save customers an additional 23% on their heating & hot water consumption. When added to the Solar PV returns Return On Investment can be boosted considerably - a much needed additional saving as the FiT continues to decrease. Through the installation of PassivLiving HEAT, Solar PV providers will be giving their customers remote control of their heating system thereby enabling them to cut out wasted energy from their energy bills as well as giving them the option to return to the comfort of a warm home. According to a YouGov poll carried out in 2010, nearly 50% of people in the UK do not understand how their heating controls work. Through fitting easy to use controls such as PassivLiving HEAT with Solar PV, installers will be helping their customers to save not only on their electricity but on their heating / hot water as well. This will help to give customers a much needed respite from the above inflation tyranny of their bills.
Currently there are 2,700 Solar PV providers within the UK alone, with most offering a similar product with a similar payback period. PassivSystems is offering these companies an opportunity to stand out, and to retake control of a marketplace which many see as being too squeezed by Government cuts. By offering a partnership proposal to Solar PV providers within the UK, PassivSystems is helping their resellers to increase sales & revenue.
Commenting on the launch of this campaign, Colin Calder, CEO and Founder of PassivSystems, said; "As the UKs leading residential Solar PV irradiance performance monitoring and asset management company we are only too well aware of the impact FiT degression is having on the attractiveness of rooftop PV as an investment opportunity. That is why we have worked hard with our supply chain partners to develop a cost effective solution for putting financial returns back into rooftop PV. PassivLiving HEAT provides consumers with remote access to award winning smart heating controls that can reduce heating bills by 23% thereby significantly improving ROI when bundled with your PV proposition".
Notes to editors
PassivSystems
PassivSystems Limited is a provider of intelligent connected energy services for residential homes and for optimising Solar PV assets. Their key products are PassivLiving HEAT, an energy management system aimed at saving consumers money on their energy bills, and PassivPro, a service to help Solar PV owners and asset managers get the highest energy yield possible through the provision of data and KPI reports on their assets. PassivPro currently monitors over 20,000 residential systems. Their Global System for Mobile Communications "GSM" meter management service is designed to support different meter types and sustain ultra-large portfolios aggregated from many different sources.
The Company was founded in 2008 by Colin Calder, a software entrepreneur with 30 years of experience in the computing industry.
PassivSystems employs 70 staff and operates from its headquarters in Newbury.
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