好色先生TV

By rights, Kevin Hard should be joining all the other small businessmen desperately shoring up their livelihoods from the economic storm. Not only is his Nottingham-based business part of the beleaguered construction sector, it is also only 20 months old. So when Gordon Brown recently announced a 拢20bn initiative underwriting small business loans, it would have been reasonable to expect Hard to have been at the front of the queue to the prime minister鈥檚 door.

Yet, this isn鈥檛 the case. Hard, 28, says the business has no problems with funding and is on course to hit 拢1m turnover by its second birthday, having doubled its sales every six months since it was founded in May 2007.

So, what鈥檚 its secret?

Well, first and foremost, EvoEnergy specialises in the design and installation of photovoltaic systems, which is proving more resistant than many to the recession. When Hard began to feel the effects of the downturn last year, it wasn鈥檛 a disaster because the market was able to move towards more domestic installations. 鈥淭he downturn means fewer projects are being built, which isn鈥檛 good for us,鈥� he says, 鈥渂ut we are getting a massive increase in the domestic market as people see energy prices shooting up.鈥�

Indeed, you could say, thanks to the downturn, something of a domestic boom has taken place. 鈥淲ith interest rates being cut, for the first time it makes economic sense to put in PV,鈥� he says. 鈥淚f homeowners put their money into solar power they get a better rate of return from selling the power than putting the money into a building society.鈥�

We are getting a massive increase in the domestic market
as people see energy prices shooting up

Kevin Hard

EvoEnergy has a neat, knowledge-based business model. Just four people, including Hard, take on projects ranging from a couple of solar panels on a house up to a big commercial scheme. Hard鈥檚 team has management consultancy, electrical engineering and project management experience and designs the PV installations for clients and architects. The company project-manages jobs, but subcontracts all the installation work to another firm that has the capacity to take on big jobs. 鈥淚t allows us to punch above our weight,鈥� says Hard. 鈥淎 small start-up would really struggle to do big 拢100k-plus installations as they wouldn鈥檛 have the labour.鈥�

The company鈥檚 largest installation to date was worth 拢50,000, but if the tenders are successful it will be working on jobs worth up to 拢250,000, including 好色先生TV Schools for the Future and commercial jobs. 鈥淭he large projects take longer to go through the process,鈥� says Hard. 鈥淲e are now hitting the middle and moving towards the bigger stuff. That should happen towards the end of this year 鈥� if our current work comes off.鈥�

Rising energy prices and greater awareness of environmental issues give Hard good cause to be optimistic about the future, although he is wary of the fact that the market is heavily driven by government targets to generate more renewably sourced power. 鈥淲e would hurt a lot if this changed,鈥� he says. 鈥淚 wouldn鈥檛 say the market is guaranteed, as it does depend on [climate change secretary] Ed Miliband and Brown supporting it.鈥�

But if anything, the levels of government support are likely to go up. The government subsidy paid to renewable energy generators for each unit of power produced is set to double in April, which will make the payback period for investing in PV more attractive. And the government is moving towards feed-in tariffs, which pay renewable energy producers an enhanced rate for the power they produce and have led to a boom in domestic PV in countries like Germany.

The future might not look as certain as it did back in 2007 鈥� when the sustainability agenda was taking off and the Merton Rule was demanding that many new schemes generate at least 10% of their energy from on-site renewables 鈥� but Kevin Hard鈥檚 business is at least proof that photovoltaics can work in gloomy conditions 鈥�