As a pivotal establishment for the local community, they provide affordable, high-quality dining experiences in a welcoming setting. Remarkably, the majority of their original staff have remained, with many team members collaborating for over two decades.
Chris Ludlow, owner of the Ludlow tavern, commented, “The business was doing well but I was aware that that the boiler was at an age where it was becoming less efficient resulting in significant energy costs. The opportunity then arose to get a free and comprehensive energy assessment via the Business Growth West Midlands Net Zero Grant Programme. The Assessment was carried our very professionally by Pro Enviro, and they agreed that the review would focus on the potential energy and carbon savings associated with upgrading the boiler as well as installing a solar PV system, and free cooling for the stock stored in the cellar”.
Once the Energy Assessment was complete Chris worked with one of the Business Development Officers at Wolverhampton City Council to complete a UKSPF Grant Application. The application focused on the purchase and installation of solar panels as they could not just significantly enhance resource efficiency by reducing energy costs, but provide a renewable energy source, promote energy independence, and align with the company’s environmental stewardship goals.
The securing of the NET ZERO grant enabled Ludlow Taverns to invest in the solar panels, leading to a significant reduction in monthly overheads and fixed costs, ultimately boosting profitability and the company's competitiveness. The projected first-year savings from onsite energy generation are estimated to be 21,593 kWh / £14,055, with a total projection, including energy export, of £14,611. The calculated payback period is 2.6 years, and a projected full cash flow of £240,000 is expected by the 20th year.
Chris added, “I believe this investment demonstrates the company's commitment to reducing greenhouse gas emissions, signaling a strong dedication to customers, staff, and stakeholders. Additionally, the cost savings could be reinvested to enhance the skills of current staff, securing their positions within the company”.
In total Ludlow Taverns invested £24,000 in the solar panels and secured a 50% grant towards the cost.
Contact Name: Chris Ludlow
Position: Owner
Email: ludlowchris@hotmail.com
Telephone: +(44) 0190 234 2530
Address: The Springhill,
Warstones Road Penn,
Wolverhampton,
WV4 4LB
Contact Name: Nersi Salehi
Position: Managing Director
Email: Nersi.salehi@proenviro.co.uk
Telephone: +44 1788 538150
Address: Pro Enviro Ltd.
8 Davy Court
Central Park
Rugby
CV23 0UZ