Downing established Freetricity (Solar) LLP to fund the installation of a portfolio of solar photovoltaic systems upon domestic properties, in which the homeowner receives free electricity, and the LLP benefits from Feed in Tariff income.
These residential installations are typically between 2-4 kW and were installed and commissioned across 2012. They qualify for Feed-in-Tariff (FIT) support for a period of 20-25 years depending on when they were commissioned. In 2016, the LLP also acquired an additional commercial site.
Freetricity have provided O&M services since the installation of the portfolio and continue to perform well. Asset management is handled in house by Downing’s internal specialist team.