Commercial solar project for Gavels Auctioneers – Caerphilly
How One Auction House Cut Its Energy Bill by 69%
Three years after installing a 50kW SolarEdge rooftop system, Gavels Auctioneers has generated 145MWh of clean power, slashed monthly bills from £963.62 to £295.26, and is on track to beat its projected payback period.
THE CHALLENGE
Rising Energy Costs Were Eating Into the Bottom Line
Running a busy commercial auction house is energy-intensive. Lighting sprawling warehouse floors, powering offices, running CCTV systems, and managing the logistics of high-volume auction days all add up to significant electricity consumption — and significant bills.
Before installation, Gavels Auctioneers was paying an average of £963.62 per month on electricity, at a rate of around 30p per kWh. In early 2023, the decision was made to take control: invest in on-site renewable generation and turn the roof into a working asset.
On 6 June 2023, Modern Energy and Electrical Services commissioned a 50kW SolarEdge rooftop photovoltaic system — designed and installed by a team with 15 years of experience in commercial solar.
“The roof was always there. Now it works for us every single day.”
THE RESULT
Monthly Bills Cut by Nearly Two-Thirds
The most immediate, tangible impact of the installation has been on the monthly electricity bill. Within the first full year of operation, Gavels Auctioneers saw its average monthly spend fall dramatically.
|
Before Solar
£963.62
average monthly bill
|
After Solar
£295.26
average monthly bill
|
That’s a reduction of £668.36 every month — money that stays in the business rather than going to the grid. Beyond the headline saving, this kind of consistent, predictable bill reduction has a real impact on cash flow, freeing up working capital that can be reinvested elsewhere in the business.
THREE YEARS OF REAL-WORLD DATA
Performance That Exceeded Every Projection
When the system was specified, modelling suggested annual generation of around 46.9 MWh per year — a three-year total of roughly 140.7 MWh. From commissioning on 7 June 2023 through to 16 June 2026, the system has actually produced 145 MWh cumulative — ahead of pace, and still climbing with every day of sunshine.
That 145 MWh figure is a running lifetime total, not an annual one — and it will keep rising year after year as the system continues to generate. Monthly data confirms strong, consistent performance, with output regularly pushing above 8 MWh during peak summer months and no signs of degradation after three full years in operation.
145 MWh
Cumulative total generated June 2023–June 2026, versus 46.9 MWh/year projected — and still rising
34%
48 kW
15p
FINANCIAL IMPACT
A Faster Payback. A Stronger Return.
The original business case for the installation was already compelling. Based on a 30p/kWh electricity rate, the projected figures were:
- 4.9 yrs Projected payback period
- 25.35% Projected internal rate of return (IRR)
- 808.05% Projected return on investment (ROI)
- £411,413 Projected lifetime savings
Ahead of Schedule — And Still Climbing
145 MWh generated over three years comfortably outpaces the ~140.7 MWh that the original 46.9 MWh/year projection would suggest — and that lifetime total keeps growing with every year of operation. Output running ahead of plan means the payback period is on track to land earlier than the projected 4.9 years, strengthening the IRR and ROI figures further over the system’s operational lifetime.
Combined with the export income from surplus generation sold back to the grid at 15p/kWh, the financial case for the installation has only grown stronger with three years of real operating data behind it.
BEYOND THE BILL
A Sustainable Business Model for the Long Term
The financial case is clear — but the benefits of commercial solar extend well beyond the electricity meter. For Gavels Auctioneers, the installation supports a broader business strategy built on resilience, responsibility, and forward thinking.
- Free daytime electricity— every kWh generated on-site costs nothing once the system is paid back. Lights, systems, and operations run on sunshine.
- On-site EV charging— the solar array directly supports electric vehicle charging infrastructure, future-proofing the site for staff and customers transitioning to EVs.
- Improved cash flow— a near-70% drop in monthly outgoings frees up working capital that can be reinvested into the core business.
- Green credentials for supply chains— buyers, vendors, and commercial partners increasingly scrutinise the sustainability credentials of the businesses they work with. A verified solar installation is a meaningful signal.
- Improved brand positioning— demonstrating environmental responsibility builds trust with environmentally-conscious customers and positions Gavels as a modern, forward-thinking auction house.
- Energy independence— reducing reliance on grid electricity provides insulation against future market volatility and price shocks.
ENVIRONMENTAL IMPACT
The Carbon Case Is Just as Strong
Generating 145 MWh of clean electricity on-site has a measurable environmental impact, tracked directly through the system’s monitoring platform.
- 27,000 kg – CO₂ emissions saved
- 1,655 – Equivalent trees planted
- 400,000 km – Equivalent kilometres driven on sunshine
For a business that works with auction buyers, vendors, and corporate clients increasingly focused on supply chain sustainability, figures like these aren’t just good for the planet — they’re good for business relationships too.
THE TECHNOLOGY
Why SolarEdge for Commercial Installations
The system at Gavels was specified with SolarEdge technology across a single inverter and 57 power optimisers — the platform of choice for commercial installations that demand real-world performance, detailed monitoring, and long-term reliability.
SolarEdge’s optimiser-based architecture means each panel operates independently, eliminating the chain-effect losses that affect traditional string inverter systems. On a commercial rooftop where shading, panel orientation, and soiling vary across a large array, this translates directly into more generation — and more savings.
The monitoring platform provides full visibility into monthly, quarterly, and lifetime performance, letting the business track exactly how the system is performing against expectations, in real time.
KEY TAKEAWAYS
What Three Years Has Proven
The Gavels Auctioneers installation is a live, real-world demonstration of what commercial rooftop solar delivers when properly specified and commissioned by an experienced team.
- £963.62 → £295.26 – Average monthly bill, before and after installation
- 145 MWh – Cumulative generation over three years — ahead of projections, and rising every year
- Ahead of The original 4.9-year payback estimate, based on current output
- 27,000 kg CO₂ emissions saved to date
For any commercial property owner in South Wales asking whether solar makes financial sense — the answer from Gavels Auctioneers, three years in, is an unambiguous yes.
Ready to Put Your Roof to Work?
Modern Energy and Electrical Services bring 15 years of experience designing and commissioning commercial solar installations across South Wales. Get in touch to discuss what’s possible for your site.
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Telephone: 033333 90 141
info@modernenergyelectricalservices.com
To access the latest in energy efficiency and electrical services, contacting Modern Energy & Electrical Services is your first step towards innovative solutions. Our team of experts is ready to assist with a wide range of services, from advanced lighting optimization and low-energy systems to comprehensive electrical installations and voltage optimisation.
