Have you considered solar panel for your business? Businesses across the country are realising the massive potential of solar energy to save money, reduce operating costs and put more profits back into the business. In this article, we’ll discuss the main reasons that businesses are now making the smart choice and installing solar energy.
Strong Savings on Business Energy Costs
Firstly, and probably most importantly, from a business perspective, solar energy provides considerable financial savings. All businesses want to reduce operating expenses and put more cash back on their balance sheet – one of the best ways to do this is by lowering your energy costs.
We’ve helped plenty of businesses save money by installing solar, and most of them end up slashing their energy costs in half. Some generate even more savings than that, such as Dentro Joinery who reduced their energy costs from $30,000 per year down to $12,000.
How much you can save varies for each business and depends on your power usage patterns, power costs and the size of the system that can be installed on the roof space.
When we propose a solar solution for a business, we use advanced software to map out the potential new system. This shows us just how much solar energy you could generate per year. The design software considers the solar panel selected, the solar irradiance at the site, panel orientation and panel tilt. We also analyse your existing energy costs and usage, giving us a full breakdown of how much you could expect to save annually the projected return on investment.
Most Business Energy Use is During Daylight Hours
Solar energy is free while the sun shines. The solar works in conjunction with the main grid power. During the day the solar system can power the business or cover a proportion of the power requirements depending on the size of the solar system.
Because most businesses work during hours when the sun is shining, solar energy offsets far more of their electricity expenses than it would in a residential home where the families are often elsewhere during the day.
So, unless you do most of your business at night, the savings you’ll generate from solar energy are likely to be immense.
Business Solar Systems Pay for Themselves
There is, of course, a setup cost associated with installing a commercial solar system on your business premises. You can pay for it outright or take a 5-year finance option. Many choose the finance option because it allows them to spread the expense more evenly, making it a cash-flow friendly decision.
Many businesses find that their energy savings more than cover the cost of repayments for those first 5 years. So, essentially, the system pays for itself and can be cash flow positive from day 1. In addition, once you’ve paid the finance for the system, the savings are all yours. Considering the general lifespan of solar panels is between 20-25 years, that means you could end up with free electricity for another 20 years after paying for your system.
Solar for Business Reduces Your Emissions
Many businesses these days are looking for ways to reduce their carbon emissions and work with a more sustainable business model. If being environmentally conscious is part of your corporate governance plan, then it’s worth considering going solar. You’ll reduce your emissions and we can even tell you by how much.
Consumers Love Environmentally Friendly Businesses
Of course, being environmentally conscious isn’t just about doing the right thing. There’s a commercial benefit to your business too. Consumers are becoming more informed about the companies they support, particularly in terms of their sustainability practices. So, by going solar, you have the potential to attract more customers who are willing to support you rather than your competitors who haven’t made the shift to renewable energy.
Which Businesses Benefit the Most From Solar?
Most businesses can benefit from installing solar energy. It especially benefits those industries with the highest energy requirements are most likely to reap the best rewards. Here at SolarBright, we’ve personally helped countless businesses slash their energy bills, including the following industries:
- Agricultural businesses
- Car Dealers Child Care Centres Churches
- Clubs and pubs
- Commercial office space providers
- Engineering shops
- Frozen food wholesalers
- Service Stations
- Warehouse and logistics facilities
The fact is, aside from the setup costs, solar energy is free. Once your system is paid for, you’re getting free energy from the sun, which means it helps insulate you from rising power costs. Basically, if you’re a business that uses power during the day, you’re going to benefit from installing solar.
Talk to the Experts in Commercial Solar Power Systems Today
When you’re considering solar energy systems for your business, there’s only one name you need to remember. SolarBright are your experts in planning and designing commercial solar systems to save you money. We’ve got a proven track record of excellent service, and we only sell products that are tried and tested to perform well in Australian conditions.
There’s never been a better time to install solar, so if you want to future-proof your business against rising energy prices, contact the experts at SolarBright and book a COVID safe no obligation business solar consultation today.