What reasons are there to install a commercial solar system? If you’re a big business, there are a plethora of reasons that a solar power system could be right for you. There’s a legitimate case to be made for businesses switching to solar, for a number of reasons: lower electric bills and overhead costs, a reduced dependency on the grid and increased flexibility, the importance of going green and sustainable practices, and current government rebates and incentives. We’ll explore all of those reasons here in this blog.
No matter what kind of work you do, a consistent energy supply is a necessity. To maximize productivity, it’s of course important to make sure the lights stay on, the computers stay powered, the air conditioning and/or heating remains constant and effective, your equipment is always ready to go, and beyond. With commercial solar for your business, you can keep everything running smoothly with a lowered power bill. These kinds of savings are invaluable, and can feed into other aspects of your business. While savings will vary depending on your electricity needs as well as what your solar panel setup is, there’s no doubt that you’ll save plenty of money on your electricity if you’re making it yourself.
With a good commercial solar setup, you have the peace of mind that energy independence affords. If you’re on the electric grid, you’re at the mercy of any failures that might befall it, from severe weather to damage to power lines or substations. If the grid goes down, then so does your business. Solar panels, however, have no moving parts and just sit there out in the sun, constantly generating power. (A point on that, too – solar panels still function on overcast days, though not as efficiently as with direct sunlight). On top of that, battery and other such storage solutions are looking better and better, so as time goes on, you won’t need to rely as much on sunlight.
Beyond that, freedom from the electric grid means freedom from the inevitable inflation of electric bills. In fact, if your setup is good enough, you might even end up feeding electricity back into the system. It’s hard to ignore that sort of independence.
Given the state of the climate right now as well as the increasing enthusiasm for green technologies and action on climate change, it’s important to look towards implementing more sustainable practices. It’s clear that our dependence on fossil fuels will lessen over the years, due to regulations on carbon emissions as well as a society that’s quickly shifting its views on the importance of sustainability and concerns over their carbon footprints. To help future-proof your business, it’s important to give a serious look at green technology, most notably solar panels. It’s a fairly easy bet to make. While technologies like hydroelectricity have largely been maxed out and nuclear power has a dubious future ahead of it, solar panels are only getting cheaper and more efficient.When it comes to the environment, it’s better to be ahead of the curve rather than behind.
On top of that, your own customers, as well as the general public at large, care more about green energy and sustainability than ever. On top of saving money and being a good choice for the environment, having solar panels can be a signal to your customers that you have an interesting in sustainability. That sort of good will can go a long way, especially as more and more people expect businesses to take stances on these types of social issues. Using solar panels is marketing in and of itself.
On top of everything else, the Australian government are offering incentives, rebates, and attractive loans to anyone who wants to install solar panels.
First and foremost, if your solar panel setup generates more electricity than is consumed, then you have the opportunity to make money back, based on that generated electricity.
There are also different levels of financial incentives, based on the size of your business – small-scale technology certificates (STCs), which provides a discount at the point of sale for purchased solar panels. For larger scale solar system purchases, there are incentives offered by the Large-Scale Renewable Energy Target and large-scale generation certificates (LGCs).
There are tax write-off provisions as well, providing tax incentives for purchasing solar panel systems that cost less than $20,000. This is a good option for small business looking to get into the world of solar technology.
Finally, there are low-interest loans available under the Environmental Upgrade Finance agreement. These loans are a very competitive financing option for solar panel systems.
As we can see, there are several reasons why a commercial solar system might be right for your business. Between the attractive power bill savings, the reduced dependency on the grid and increased flexibility, and the trend of increasing sustainability as we move into the future, the time is right to move to solar power.
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