Why Invest in Commercial Solar?
Commercial solar NSW is a great way to reduce electricity costs and carbon emissions. You can calculate the ROI by dividing the upfront installation cost by your yearly energy savings. Make sure to choose an inverter and solar panels with high customer ratings and long warranties.
There are several ways to finance a commercial solar system. Some of the most popular are power purchase agreements and lease to own agreements.
Cost-effectiveness
Investing in commercial solar can be a great way to save money on electricity costs. The cost of installation varies depending on the size of the system, energy usage, and location. In addition, the upfront cost of a system can be reduced by government incentives, such as Small-scale Technology Certificates (STC).
The energy savings that come with commercial solar will be greater for businesses that use a large amount of power during the day. This is because solar panels only produce electricity when the sun is out. The location of your business also impacts energy production. Places with more sun, such as Queensland, will provide quicker returns than places with less sunlight, such as Tasmania.
Solar Choice can help you review your energy bills and assess your energy usage to determine the best commercial solar solution for you. We will then provide a detailed analysis of your potential savings and a quote comparison from leading installers.
Environmentally-friendly
Commercial solar power is one of the most environmentally-friendly energy sources available. Unlike fossil fuels, it does not produce greenhouse gas emissions or air pollution. In addition, it is a renewable energy source that will not deplete over time. It is also a great way to lower business energy costs and reduce dependence on electricity providers.
Businesses that adopt commercial solar will reap many benefits, including lower energy costs and increased property value. These systems can be installed at commercial properties, office buildings, and manufacturing facilities. They can also be integrated into large-scale energy projects.
Choosing a reputable commercial solar installer is essential to maximize your business’s savings. Be sure to act sooner rather than later to take advantage of the current government rebates available for solar systems. This includes Small-scale Technology Certificates (STCs) and state-based programs. In addition, the Instant Asset Tax Write-Off allows you to immediately claim the cost of a commercial solar system.
Reduced carbon emissions
Utilising commercial solar energy significantly reduces businesses’ carbon footprint, as it is a clean and renewable source of electricity. Furthermore, it allows businesses to become energy independent, which insulates them from fluctuating energy prices. Moreover, it aligns businesses with environmentally conscious practices and enhances their brand image.
This is particularly beneficial for small- and medium-sized enterprises, which are often hit hard by rising electricity costs. The NSW government’s Net Zero Plan supports SMEs with initiatives that aim to “lower emissions intensity across our economy”.
Businesses can also benefit from financial incentives like Small-scale Technology Certificates (STCs) and Large-scale Generation Certificates (LGCs). Additionally, they can take advantage of tax deductions such as Instant Asset Write-Off & Depreciation, lowering the upfront cost of their commercial solar systems.
Energy independence
Solar power can generate electricity for your business during normal working hours and export excess electricity to the grid. This is a cost-effective way to reduce your energy costs and contribute to a greener environment. It can also help to improve the stability of the local electricity network and prevent outages.
Commercial solar is becoming a popular solution for businesses across Sydney, allowing them to save money on their electricity bills while reducing their environmental footprint. With several incentives available for commercial solar, it’s a smart choice for businesses to embrace this technology and take advantage of its benefits.
The main incentive for businesses is its cost-effectiveness. This is because a commercial solar system uses photovoltaic panels on your roof that captures sunlight and converts it into electricity. Unlike traditional energy systems, which produce carbon dioxide and water pollution, commercial solar generates clean electricity for your company. The result is lower energy expenses and increased savings.
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