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Understanding Commercial Solar

Commercial solar involves businesses using solar energy systems to generate their own electricity. Next Business Energy offers solutions, including rooftop solar installations and Power Purchase Agreements (more on this later), allowing businesses to reduce energy costs and carbon emissions without upfront investment. This initiative aligns with Next Business Energy’s commitment to sustainable, cost-effective energy solutions for Australian businesses.

The Commercial Solar Advantage

Transforming Business Operations with Clean Energy

The shift to solar energy is more than an environmental choice; it’s a strategic business decision. By adopting solar power, companies can considerably reduce their greenhouse gas emissions. This green transformation benefits the planet and potentially enhances the company’s brand image, appealing to an increasingly environmentally aware consumer market.

Solar Energy: A Smart Financial Move

Solar power presents an opportunity for businesses to significantly cut down on one of their largest operating expenses: energy costs. With solar panels, companies can generate their own electricity during peak business hours, leading to substantial savings on energy bills. By installing solar, you can reduce the impact of energy market volatility by reducing the size of your electricity bill. 

Solar Power Purchase Agreements (PPAs)

Next Business Energy’s Solar Power Purchase Agreement (PPA) is a financial solution that enables businesses to harness solar energy without any upfront investment. The PPA model covers the installation and maintenance of solar panels, providing companies with a fixed, reduced rate for electricity. This arrangement not only lowers energy costs but also provides an option to purchase the solar system at a later stage, offering flexibility and control over energy resources.

Government Incentives: Boosting Solar Investments

The Australian Government’s support in the form of incentives and rebates plays a crucial role in encouraging businesses to transition to solar energy. For instance, the Victorian Government’s Solar for Business Program offers significant rebates, making solar installations a more viable and attractive option for small and medium-sized enterprises.

Beyond Cost Savings: The Ethical and Social Impact of Solar Energy

Investing in solar energy goes beyond financial benefits. It reflects a commitment to corporate responsibility and environmental stewardship. This commitment has broader implications, influencing customer loyalty and employee satisfaction. This may attract staff and clients who prioritise environmental values.

Case Studies: Renewable Success Stories 

To illustrate the impact of commercial solar solutions, Next Business Energy, through our partner, The Green Guys Group, showcases various success stories. These case studies demonstrate how businesses across different sectors have benefitted from reduced energy costs, enhanced brand reputation, and contributed to a sustainable future. Discover why many people have chosen Next Business Energy. 

The Future of Energy: Embracing Renewable Resources

The transition to renewable energy sources like solar is not just a trend but a necessity for a sustainable future. Next Business Energy is able to help you navigate this complex transition, providing expert guidance and tailored solutions to businesses ready to make the switch to solar energy.

Your Pathway to a Greener Business

Next Business Energy and The Green Guys Group are driving the change towards a greener, more sustainable business environment. Our comprehensive commercial solar solutions offer a unique opportunity for businesses to become energy-efficient, cost-effective, and environmentally responsible. For companies looking to make a positive impact on the planet and their bottom line, exploring solar energy options with Next Business Energy is an excellent starting point.
Discover how your business can benefit from commercial solar solutions by visiting Next Business Energy’s website​. Click here to request a free, no-obligation Business Energy Assessment.

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What Are Solar PV Systems?

Solar photovoltaic (PV) systems are designed to provide renewable energy to smaller, more localised operations like small businesses. These systems are compact, require less space, and can easily be integrated into structures like rooftops or car parks. The incentives available will depend on the size of your system. 

Components of a Solar PV Systems

• Solar Panels: Convert sunlight into electricity.
• Inverter: Transforms the generated DC electricity into AC, usable by standard appliances.
• Batteries (Optional): Store excess energy when sunlight is unavailable.

Why Small Businesses Should Consider Solar PV Systems

• Cost Savings: The most immediate benefit is the significant reduction in electricity bills. Once set up, solar energy has minimal operational costs and provides a cost-effective power source during daylight hours.
• Enhanced Corporate Image: Adopting renewable energy solutions boosts your brand’s image, showcasing your commitment to sustainability and environmental responsibility.
• Low Maintenance and Durability: Solar systems require minimal maintenance and are designed to last for decades, providing a long-term energy solution.

The Financial Benefits in Detail

• Reduced Operational Costs: Solar power directly cuts energy costs. With the sun as your energy source, you’re less affected by energy price fluctuations, allowing for better financial planning and budget stability.
• Government Incentives and Tax Benefits: Many regions offer incentives for installing solar power systems, such as grants, tax credits, or feed-in tariffs, enhancing the financial viability of solar investments.
• Increased Property Value: Properties with solar systems often see an increase in value, making this a wise investment for the future.

Environmental Impact

• Reduced Carbon Footprint: Solar energy is clean and green, reducing your business’s carbon emissions and contributing positively to the fight against climate change.
• Support for Local Green Initiatives: Adopting solar power aligns your business with local and national green initiatives, enhancing community relations and corporate responsibility.

Implementing Solar PV Systems in Your Business

• Assessment and Planning: Conduct an energy audit to understand your energy needs and potential solar capacity. NBE can assist in evaluating your site’s suitability for solar installation.
• Choosing the Right System: Consider factors like energy consumption patterns, available space, and budget when selecting your solar system. NBE offers a range of options to fit diverse business needs.
• Installation and Integration: Professional installation ensures your system is optimally set up for maximum efficiency. NBE’s team of experts provides a smooth integration with minimal disruption to your business operations.
• Monitoring and Maintenance: Post-installation, it’s essential to monitor your system’s performance. NBE provides tools and support for effective monitoring and maintenance.

Partnering with Next Business Energy for Solar Solutions

• Tailored Solar Solutions: NBE provides customised solar solutions based on your business needs and goals, ensuring the best return on your investment.
• Expert Guidance and Support: From initial consultation to installation and beyond, NBE’s team of solar experts guides you every step of the way.
• Behind the Meter PPA (Power Purchase Agreements): Avoid upfront capital expenditure costs with the ability to pay a blended rate over time, ultimately reducing your energy-spend over time. 
• Financial and Environmental Analysis: We help you understand the financial and environmental impacts of your solar investment, ensuring an informed decision.
• Software technology to monitor your system: NBE provides you with the software to monitor and track your solar output to help you get the most out of your solar system.

Powering Your Business into a Sustainable Future

Solar PV systems are more than just an energy solution; they represent your business’s commitment to a sustainable future. With Next Business Energy, transitioning to solar power is a step towards environmental stewardship and enhanced corporate responsibility. 

Join us in leading the charge towards a greener, more sustainable future.

The post Solar PV Systems And Their Benefits appeared first on Next Business Energy.

Here is how businesses can adopt these strategies and motivate their staff to participate in this change.

Reducing Dependence on Traditional Energy Sources

Transitioning away from traditional energy sources like coal and oil offers businesses stability and independence. Fossil fuel prices are unpredictable and influenced by geopolitical events and supply chain hiccups. This presents financial challenges. Furthermore, as environmental concerns mount, reliance on these carbon-heavy sources risks reputational damage and regulatory penalties. 

On the other hand, renewable energies such as solar and wind provide a more consistent, decentralised solution. They shield businesses from large-scale disruptions and align them with growing sustainability expectations, ensuring a more predictable and responsible energy future.

Environmental Benefits of Sustainable Energy

Sustainable energy, including solar, wind, and hydroelectric power, is vital in reducing a business’s carbon footprint. Unlike traditional fossil fuels, these renewable sources have minimal greenhouse gas emissions, contributing to a greener future.

Renewable energy is crucial for conserving natural resources. By reducing our reliance on non-renewable resources like coal and natural gas, we preserve these precious materials for future generations.

Another key advantage is that sustainable energy systems preserve biodiversity. Compared to traditional energy sources, which often lead to habitat destruction and pollution, sustainable energy systems have a less harmful impact on wildlife and ecosystems.

Business Advantages of Sustainable Energy

Transitioning to sustainable energy can lead to long-term cost savings. Though the initial investment in renewable technology might be substantial, the long-term savings in operational costs can also be substantial.

Consumer preferences are shifting towards businesses that demonstrate environmental responsibility. By adopting sustainable energy solutions, companies can improve their brand image and attract environmentally conscious consumers.

Governments worldwide are offering incentives for businesses that adopt green practices. These can include tax breaks, grants, and other financial benefits, making sustainable energy a financially viable option.

Integrating Sustainable Practices in Business Operations

The first step in integrating sustainable practices is conducting a thorough energy audit. This helps identify current energy usage patterns and pinpoint areas for improvement.

Setting realistic goals for energy reduction and renewable energy adoption is crucial. These should be achievable and measurable.

Investing in energy-efficient technologies and infrastructure is essential. This could range from installing solar panels to upgrading to energy-efficient lighting and appliances.

If on-site generation of renewable energy is not possible, businesses can purchase green energy from renewable sources, contributing to the overall demand for clean energy.

Engaging Staff in Sustainable Practices

Education is critical in gaining staff support. Employees should know why sustainability is important and how their actions can make a difference.

Involve employees in sustainability initiatives. This could be through challenges to save energy, forming green committees, or even simple actions like encouraging the use of public transport.

Incentivise employees who actively engage in energy-saving measures. Recognition and rewards can be powerful motivators.

Regular communication about the progress of the company’s sustainability initiatives helps keep the team informed and motivated. Sharing successes and areas for improvement fosters a culture of continuous improvement.

The Broader Impact of Sustainable Energy

Adopting sustainable energy practices also contributes to the wider societal push towards a more sustainable future. By setting an example, businesses can influence other companies and individuals to follow suit.

Energy sustainability plays a crucial role in mitigating the effects of climate change, which has become a global priority. By reducing emissions, companies contribute to a healthier planet.

Economic benefits also arise from the sustainable energy sector, including job creation in new industries such as solar panel installation, wind turbine manufacturing, and energy efficiency consulting.

Moving Towards a Sustainable Future

Embracing sustainable energy is a responsible environmental choice and a smart business strategy. The benefits range from reduced operational costs to enhanced corporate reputation. By engaging staff in these initiatives, companies foster a culture of sustainability that extends beyond the workplace. 

As an energy provider in Australia, we at Next Business Energy are committed to working towards a more sustainable future that benefits businesses and the planet. 

Contact us for how we can help you enact a sustainable business energy plan.

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What is a Power Purchase Agreement (PPA)?

Constant energy price increases can make it tough for businesses to stay on top of their growing power bills. If your business needs to lock in a reasonable energy price for a few years and shrink your large power bills, a PPA provider can help. 

A PPA provider will usually pay to install solar systems at your business premises, without you needing to contribute any money upfront. This commercial solar solution allows you to buy the power the system generates, which is generated at your premises.

Some energy retailers provide Solar as a Service, also known as a solar Power Purchase Agreement (PPA), which will provide electricity at a cost lower than the national grid. This gives your business immediate savings and a long-term energy hedge as you know the electricity cost for the next 10 to 25 years (depending on your contract), compared to only 1 to 3 years from a retail energy contract. You are also only contracted to buy the electricity you consume and you pass on any extra solar exported to the grid. 

Power Purchase Agreements can provide you with peace of mind. And, for any energy needs that the solar system is unable to meet, your business can simply purchase the power from your current grid electricity retailer. 

When most agreements end, you may have the option to own the solar system and solar power it produces outright, or perhaps renew your contract. 

Why a PPA could be right for your business

If you’re wondering if PPA is right for you, here are some of the potential benefits for your business.

Zero effort and zero cost

The PPA provider installs, owns, operates, maintains, monitors, and meters the solar power system on your roof, at no extra cost to your business.

Locked in electricity rate

Get a lower rate locked in for the entire term of the PPA, minimising the impact of unexpected electricity price increases. 

Reduced electricity costs

You can cut your business electricity costs significantly almost instantly when a solar power system is installed. 

Option to buy anytime

You can choose to own the solar power system at any time during the PPA term at a discounted price. 

Find out more about PPAs

If you want to find out more about how your business can access low-cost on-site solar energy at no upfront cost through our sister business you can visit the Green Guys Group website. The Green Guys solution is designed to help you take charge of your business energy costs and reduce your power bills. 

Learn more about the commercial energy-saving solutions delivered by the Green Guys Group on our website or contact our team to see how your business can save on energy.

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Commercial solar has become increasingly cost-effective, and can provide a wide range of benefits for your business. 

Solar solutions

With systems specifically designed for your current energy consumption, and enabling you to generate your own electricity, solar solutions can help you save on your business electricity bills. 

With access to the stored excess energy generated by your solar power system, investing in solar energy solutions allows you to reduce grid consumption and avoid peak-time energy prices. 

Solar power provides a sustainable way to produce energy by converting energy generated by the sun into usable, efficient power. Investing in an efficient solar solution can provide greater benefit to your business. 

Next Green Group

With industry-leading experience to offer the most suitable solution for your business, the Green Guys Group specialises in a variety of areas including energy efficiency and solar, significant behind the meter renewable energy generation, through its Microgrid Power division.

Next Business Energy have strategically aligned with The Green Guys Group through a newly formed parent company, Next Green Group. Our goal is to reduce our customers’ energy bills by significantly reducing energy usage. 

From roof-top or ground-mounted solar installation, to battery storage, to Solar Power Purchase Agreements (PPA), Next Green Group provides Solar PV solutions tailored to your business needs. 

Offering an affordable option to invest in solar PV solutions, your business can cut energy costs by installing onsite power plants and battery storage. And with a real-time monitoring system that allows you to monitor your solar production and usage, you can more easily keep on top of your business energy needs. 

Benefits of commercial solar 

If you’re still unsure about whether your business should invest in solar energy, it’s worthwhile considering the numerous benefits for your business. 

Environmental benefits

As electricity is the number one source of greenhouse gas emissions, investing in solar is good for the environment. 

Solar energy is a sustainable power source that will not run out, and solar power has a lower impact on the environment than conventional energy technologies. It reduces greenhouse gases and is pollution-free. 

Using commercial solar you can reduce your business’s carbon emissions and create a greener business footprint. 

Improve green credentials

Boosting your green credentials can have a positive impact on brand reputation. Green credentials will demonstrate that your business is committed to the environment, and this is becoming increasingly important as more and more Australians are becoming concerned with climate change, and will value businesses who are making efforts towards sustainability. 

Investing in renewable energy can impact customer loyalty and employee retention and make people more likely to prioritise associating with your business over others who don’t use renewable energy. Improving your green credentials may help you gain a competitive advantage over other businesses. 

A sound investment

While some businesses may be concerned about the initial cost of investing in commercial solar, it has become a much more affordable option in recent years. 

In most cases, businesses receive a quick return on investment, as investing in solar generally provides quick payback and long-term savings, so your business will recoup the cost in no time. The long-term savings achieved with commercial solar can then be invested back into your business. 

Reduce business operating costs

Electricity can make up a significant portion of your business operating costs, so if you’re able to reduce that cost it can be very beneficial to your business. 

Solar can be a good option for businesses, as with the bulk of power being used during the daytime by generating and using your own electricity during the daytime, you can lower your energy costs. 

Independence from volatile energy market

If your business is a big user of grid power, you will benefit the most from solar solutions. Installation of solar panels will reduce your reliance on energy from the grid, which can help future-proof your business and minimise your vulnerability to power outages.

Visit our website to learn more about the commercial energy saving solutions offered by Next Green Group.

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If you’ve been hesitant to make the switch or feel like your business isn’t quite ready to take the next step, here are some key reasons why investing in renewable energy is a good idea for your business. 

Decarbonising electricity use

Decarbonising electricity use is an integral part of reaching net zero carbon emissions by mid-century as per the Paris Agreement. 

The Paris Agreement establishes a global goal to hold average temperature increases to well below 2°C and to pursue efforts to limit warming to 1.5°C above pre-industrial levels. Greenhouse gas emissions need to be reduced, both by government action, as well as through initiatives by businesses and households. To achieve the goals of the Paris Agreement, global emissions have to reach “net zero” by the middle of this century. A number of state governments in Australia have set aspirational targets to reach net zero emissions by 2050 or earlier.

Buying GreenPower equates to net zero greenhouse gas emissions, and offsets the emissions caused by your business’s electricity use. The GreenPower program is an independent government accreditation scheme and is recognised as the most highly regarded standard for off-site renewables in Australia. GreenPower is also recognised as reducing Scope 2 emissions from electricity use, and therefore is great to use if organisations are aiming for B-Corp, RE100 or ClimateActive certifications. 

By selecting Next GreenPower for your electricity plan, we will source electricity equal to 10%, 50%, 82% or 100% of your business′s electricity usage from accredited GreenPower renewable energy sources. 

Corporate social responsibility

For years, organisations have set themselves sustainability targets and considered social and environmental factors alongside economic ones. They recognise that customers are increasingly better educated and expect products and services to align with their changing values.

However, it is not only customers that expect companies to do the right thing, but also investors and internal stakeholders. Buying renewable energy demonstrates your commitment to being a socially responsible organisation.

Brand recognition 

According to a report by ARENA from 2017, four out of five Australians believe businesses should use renewable energy. Three-quarters of Australians would buy a product or service that was made with renewable energy over a comparable one that was not. This is supported by the Nielsen Global Survey poll which found that 55% of consumers will pay extra for products and services from companies committed to having a positive social and environmental impact.

Environmental credentials and local investment, like buying renewables, enhances your organisation’s reputation and may also directly or indirectly influence potential customers to engage with your business. 

Using GreenPower can increase the NABERS or Green Star Performance Ratings for buildings, which in turn attracts higher value tenants. You can also use the GreenPower customer logo to improve the brand recognition of your business.

Increased energy productivity 

Boards and CEOs in many organisations are not always aware of the cost of their energy bills. By failing to consider this crucial area of your operations, you may miss out on the opportunity to significantly reduce your energy costs. There are many ways that your organisation can reduce the amount it spends on energy.

Minimising energy demand will increase your energy productivity and unlock sav­ings that can be used to decrease energy demand further and install renewables on site. The money saved from these projects can then be reinvested to change the rest of your electricity supply to GreenPower. In this way, businesses are proactively taking control of their energy supply

and use, with cost, productivity and reputational benefits.

Next GreenPower

Once renewable energy is generated and fed into the grid, it is indistinguishable from energy generated from fossil fuels. The only way to know that renewable energy was produced is to assign it a Renewable Energy Certificate (REC). The Clean Energy Regulator distinguishes between small-scale (<100kW) and large-scale renewable energy generation (>100kW). RECs generated by large-scale generation are called “Large-scale Generation Certificates” (LGCs). Under the GreenPower program, only LGCs generated by GreenPower accredited large-scale renewables are included. 

As an accredited GreenPower Provider, Next Business Energy purchases accredited GreenPower LGCs for the % of electricity usage you nominate. We charge you for Next GreenPower at your nominated %, and then we buy GreenPower accredited LGCs to offset carbon emissions, for the amount you nominate.

Each year an independent auditor confirms that Next Business Energy has purchased and surrendered GreenPower certificates, for your Next GreenPower purchases. This helps Australia meet its carbon emission targets.

Visit this page to find out more about Next GreenPower or make an enquiry. 

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An efficient power source

Solar power is generated by a source that will not run out, and solar energy technologies such as solar panels are very low maintenance and have a long lifespan.  

Renewable energy provides energy security from a dependance on foreign energy sources. Investment in renewable energy is also creating jobs. 

Installation of solar energy technology gives your business access to a reliable source of renewable energy that can provide protection against daytime spikes in energy costs. 

As an infinite source of power, renewable energy provides long lasting benefits for your business.

Environmentally friendly

Solar power has a much lower environmental impact than conventional energy technologies. 

Using solar energy to generate electricity will reduce your business’ carbon footprint and decrease greenhouse gas emissions. 

Working towards reducing your consumption of fuels, reducing greenhouse gas emissions and pollution can help businesses play a part in stopping global warming and reducing Australia’s dependence on foreign sources of energy. 

Cost savings

Investing in solar energy may generate both long-term and immediate cost savings for your business. Using solar energy can help you lower your electricity costs and save on your monthly bills. 

Conventional energy technologies experience great price fluctuations, whereas renewable energy prices are stable and continually decreasing. Investing in solar power can future proof your business against the rise in electricity prices.

Solar panel technology is also much more affordable now than it was years ago, and many businesses may be able to recoup the cost of installation within just a few years, ensuring a good return on investment. 

The money savings to be gained from solar power may have a significant impact for small and big businesses. 

Positive business reputation

Many consumers want to support businesses that are environmentally friendly, and making efforts towards sustainability. Investing in solar energy helps show your customers you’re committed to the environment and can help you build a positive public image and improve your business’ green credentials. 

Solar power is a visible and measurable commitment to the environment and reducing your carbon footprint. You can promote being green on your website or social channels, and ensure your consumers you are working hard to be environmentally friendly. 

This can also be viewed positively by employees and build stronger loyalty and employee retention. It also may make your business more attractive to potential future employees who value environmental responsibility.

A green reputation is an important message to share with your consumers and employees, who are becoming more concerned with the sustainability efforts of businesses they engage with.

Government support

The Australian Government is also doing its part to support businesses investing in solar power. 

There are a number of Government renewable energy incentives that your business may be eligible for when investing in solar power. 

For small businesses considering solar power, it is worthwhile researching the small business grants and commercial solar rebates available. The Solar for Business Program is a new initiative aimed at supporting Victorian small businesses in reducing their energy costs by investing in renewable energy. From May 2021, this rebate will cover 50 per cent of the net cost of a rooftop solar system up to the value of $3,500. 

Government incentives and rebates help decrease the cost of solar equipment upfront and make it a more cost effective investment for Australian businesses. 

If you’re thinking about investing in solar energy, check out our blog on the costs and considerations for solar in business for more information.

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Solar energy can be an excellent investment for businesses. It can provide numerous advantages, both immediate and long-term, from cost savings to environmental impact. 

Now more than ever, businesses need to consider how to make their operations and practices more efficient and cost-effective. Solar can be a great solution. 

Significant savings

With 2020 placing a financial burden on many Australian businesses, finding ways to make as many savings as possible will be a high priority. 

Investing in solar energy can help businesses save money in several ways. 

Energy consumption is generally relatively high for many businesses, which can result in expensive energy bills. Relying on solar power rather than electricity can significantly impact your energy costs. 

Implementing solar energy panels is also more affordable now then they were a few years ago. So, while there is an upfront cost of installing solar panels, it may not be as expensive as businesses think. 

Solar energy can provide a good return on investment, with many businesses able to recoup the installation costs within just a few years due to a lower monthly energy bill. 

Businesses may also save on maintenance and repair costs, as solar panels are low maintenance and can last up to 25 years. 

Another potential financial advantage of solar energy is that some businesses may be eligible to receive incentives and rebates from the Australian Government for implementing solar power. 

Solar energy can be a good investment for your business that may save you money, both now and in the long run. 

Better for the environment

Adopting more environmentally friendly practices and systems will only continue to become more critical in 2021. 

In the last few years, consumers have become increasingly conscious of many businesses’ impact on the environment. Their attitudes have shifted towards prioritising companies who implement environmentally friendly practices over those who don’t. 

This is a trend that is not likely to change, so businesses need to make an effort towards implementing such practices. Using solar energy is an important step towards companies lowering their carbon footprint and contributing to the decrease in fossil fuels used to generate electricity. 

Solar power can be a sustainable and clean energy option; it reduces greenhouse gases and is pollution-free. 

Shifting to more environmentally friendly systems also has the added benefit of providing improved brand reputation for businesses and encouraging customer loyalty. For many businesses that may have lost customers in 2020, this will be crucial going forward. 

Now is the time to invest in solar

Solar technology has only become more dependable and efficient over the last few years, making it a great alternative energy solution. 

For many Australian businesses, 2021 will be an important year to get back on track and at full operating capacity. 

There can be little doubt about the advantages of using solar energy. If your business hasn’t already implemented solar power, now is the time to do it. The sooner you do, the sooner your business could be reaping the benefits. 

To learn more about why your business should consider investing in solar energy, visit our blog on the instant asset write-off benefit for solar.

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Solar energy provides a sustainable option that can be used in numerous applications. It harnesses energy from the sun using solar panels, which is then converted into electricity. This system does not produce greenhouse emissions and provides numerous other advantages. 

Here are some reasons why you should consider using solar energy for your business. 

Renewable energy source

Solar energy is a renewable energy source that can be accessed all year round. By gaining its power from the sun, it relies on a source that will never run out. 

While renewable resources won’t run out, this is not the case for fossil fuels. As businesses continue to use fossil fuels, they will become harder to obtain, which could result in increased costs and a higher impact on the environment. 

Cost savings

While the initial cost of purchasing and installing solar can be quite high, your energy bills should be lower, making it a worthwhile investment. 

The cost of electricity bills can be one of the biggest expenses for a business, and with prices often rising year on year, this cost only continues to become more significant. Solar energy can provide businesses with significant cost savings, though keep in mind how much you save on your energy bills depends on the size of your solar energy system and your usage. 

Low maintenance

Another way in which businesses can save money through implementing solar is due to the low maintenance costs involved. Solar panels generally require little maintenance or repairs, as with no moving parts there is nearly no wear and tear. This will save you money on maintenance fees and repairs, and that money can then be put back into your budget. 

Solar energy panels are also highly reliable and can last up to 25 years and more before needing to be replaced. 

Return on investment

In addition to saving you money on energy and maintenance costs, your business can gain a great return on investment (ROI) through the installation of solar power. 

Some businesses may be able to make back the initial cost of investment in just a few years through the reduction of your electricity bill. This will help your business’ bottom line in the long term, with those savings able to be invested into other areas of your business. 

Environmentally friendly

As consumers continue to become more conscious around sustainability, businesses who make environmental changes may find themselves better positioned with consumers. 

Installing a solar energy system is a good way to show your customers you are environmentally conscious. As well as creating a better image for your customers, it can also improve your image for future employees, who may also highly value environmentally friendly workplaces. 

Government schemes

For small businesses considering investing in solar energy, it is worth investigating potential government schemes and rebates that may be available to you. 

The Australian Government offers financial incentives for solar power, which could help make it a more cost effective investment for your business. 

With numerous advantages, solar energy is an attractive option for many businesses, and one that will provide both short term and long term savings.

For more information on using solar energy, check out our blog on the costs and considerations for solar in business.

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