Solar power can provide landowners, commercial businesses and communities with free renewable electricity and a cash income for a number of years. Though tariff rates have reduced in recent years, the costs of panels have similarly reduced. Solar electricity is still a viable option for business diversification.
Through the evolution of the renewable energy technology, H&H Insurance Brokers has developed specialist knowledge with a number of underwriters to provide policies which meet the needs of those investing in renewable technologies such as Solar/PV. Specifically designed with the renewable energy customer in mind, the focus of the covers is on minimising the disruption caused by physical damage, including breakdown and business interruption, during both the construction and operational phases of the project.
Like all renewable energy technologies there are significant risks which can impact and result in a loss. The most common causes of loss or damage to Solar/PV installations are:
– Theft or attempted theft of panels
– Damage from weather events such as windstorm or hail
– Impact damage
– Failure of trackers
– Failure of substation / electrical equipment
We can provide insurance cover for Solar/PV installations which are not only ground mounted but also fitted to roofs or walls of buildings. Contact us to discuss your project for a free ‘no obligation’ quotation by completing our enquiry form or alternatively email us and a member of our renewables team will respond directly.
Our sister company H&H Land and Property has a team of renewable specialists and planners who can help you identify the best solar system for your site, taking account of innovations in the technology, local Grid capacity and your electricity needs, and will help you through the stages from initial requirements through planning and on to negotiation with developers and installers.
For more information contact H&H Land and Property on T: 01228 406260
As a specialist in arranging insurance for livestock, mainly on alpacas, llamas, pedigree cattle and other farm animals plus smallholder’s liability – Jacinta Nastali gives us her opinion on why insurance is so important.
When farm businesses take out insurance, it is of course to protect their business along with the people, the buildings, the machinery and for a livestock farmer, it is also for their livestock as one of our clients recently found out.