Costco Wholesale enters the solar power market with Engenera Renewables Group partnership

Photo: Facebook / Engenera

Costco Wholesale, the global operator of membership-only retail stores, and Engenera Renewables Group, one of the UK’s leading renewable energy companies, have joined forces in an exciting new collaboration aimed at empowering customers to combat soaring energy costs through the adoption of solar power.

In today’s retail landscape, where energy prices are reaching unprecedented heights and the urgency to address global warming is more pressing than ever, households are actively seeking sustainable solutions. Recognising this demand, Engenera Renewables Group and Costco have announced a strategic partnership that enables Costco members to effortlessly access tailor-made solar PV systems, complete with a comprehensive warranty.

Members will benefit from the excellent customer service and quality assurance offered by both Costco and Engenera, as well as the guaranteed lower prices it offers members. All systems will exclusively be designed and installed by Engenera Renewables, a company with a long track record in delivering renewable energy solutions. All systems will feature fully calibrated high energy-yielding solar panels, a 5.4kW Huawei battery and a smart energy inverter. Customers will also benefit from a Smart Home App that helps to track performance and clearly displays generation and consumption data.

The partnership represents a move back into the domestic market for Engenera, which, on the back of demand driven by government targets, has been focused on the commercial side in recent years working on large projects for blue chip clients such as Nissan. The partnership with Costco, with its reach and customer focus, meant a move back to the domestic market represented a natural step for the company.

Each installation will be designed for optimal performance specific to a building’s roof, along with a complete report on that specific system. All systems are installed by fully qualified engineers then commissioned and tested by an electrical team to ensure it is MCS (Microgeneration Certification Scheme) compliant. Once complete, customers will receive a handover pack with manuals, warranty information and maintenance advice.

Lloyd Lawson, Chief Strategy Officer, said: “This partnership represents an exciting step for the business, but it is also a natural progression for us on the back of the way the company has developed in recent years. We now have the expertise and capacity to commit to a partnership on this scale and we could not think of a better company than Costco to be working with on this. Underpinning this deal is a commitment from both companies to help people; rising energy costs are putting incredible strain on households. Embracing renewable energy offers a way of reducing bills and offering long-term energy security, while also doing the right thing for the planet in the context of global warming.”

Based in Newcastle Upon-Tyne, Engenera Renewables Group is an award-winning EPC (Engineer, Procure, Construct) in the renewable energy sector. It provides sustainable energy solutions for both commercial and domestic use in Solar PV, Wind, Air & Ground Source Heat Pumps and Combined Heat and Power across UK and Ireland. Managing all aspects from design through to multi-technology installation programmes.

To date, it has helped almost 200 businesses generate their own cleaner, greener and cheaper, energy from a range of renewable technologies and implementation of a de-carbonisation roadmap.

The company has access to a £100 million notes programme called Engenera Green Bonds, which allows Engenera to install a range of renewable technologies free-of-charge for clients who enter into a power purchase agreement (PPA), which typically lasts for 20-25 years.