top of page

Thomas Leach Colour signs up to Electron Green billion pound funding

Print Solutions Green Solutions


Christmas has come early for Thomas Leach Colour, based in Abingdon, Oxfordshire. It is the latest company to sign up to the new funding of up to £1 billion for solar announced by Electron Green. The installation started on 11 December, will cut Thomas Leach’s electricity grid use by about 45% and is projected to save the firm £400,000 over 35 years.

 

Christmas print will now have a solar flavour including over 50,000 Christmas cards which Thomas Leach Colour produces every year for business and charities.

 

Electron Green’s contractors started installing 117 rooftop solar panels on Thomas Leach Colour’s facilities on the edge of Abingdon. The 58.7 kWp panels cover 280 m² of roof space and are enough to power 17 three bedroom homes. 

 

The installer covers all costs related to the installation and maintaining the panels. Thomas Leach simply pays for the solar electricity supplied from the panels, at a lower cost than it would be paying for grid electricity. The solar electricity rate is fixed, so savings will increase over time. At the end of 25 years, Electron Green will give the solar system free of charge to Thomas Leach Colour. This agreement gives some certainty over future energy bills, and helps to fulfil the company’s plans to green its business.

 

Electron Green works with businesses to assess their commercial rooftops for solar, calculate cost savings, installs and maintains the panels at no cost to the business hosting them, and supplies low cost solar electricity.

  

Neil Stratford, managing director, Thomas Leach Colour, said: ‘The print and media sector is energy intensive, especially in preparation for Christmas. That means high carbon emissions and – in the current environment – high energy costs. Solar is an easy retrofit and the impact is immediate. Putting 280 m² of solar panels on our factory roof will go a very long way to reducing our carbon emissions and the fixed electricity price gives us valuable long term financial certainty.’

 

Daniel Green, CEO and co-founder of Electron Green, said: ‘Britain’s great regional businesses tell us time and again they want more certainty over future energy bills. They also want off the shelf solar packages that help reduce emissions. Thomas Leach Colour is a prime example of a vibrant company requiring more certainty in an unpredictable world.

 

‘We aim to give UK businesses more flexibility about how they manage and pay for electricity. Everyone is going to be using more electricity – half as much again over the next decade according to recent analysis – and businesses need the confidence there is the capacity to match greater demand, and flexibility about how they can pay for it. We are here, with our £1 billion fund, to solve this problem.’

 

Featured Posts
Recent Posts
Archive
bottom of page