Solar Power For Businesses
For many business their electricity bills represents one of their biggest costs in running a business. With electricity prices set to soar this may put even more pressure on your profitability.
Businesses that are able to take advantage of solar credits and savings on their power bills may in fact obtain an competitive advantage over competitors.
Benefits To Businesses
Reduce your carbon footprint
Increase the value of your business
Save on electrcity bills for 20 years or more &
Potentially earn money for your business from unused space.
Investment Returns Up To 43%
Not only can a solar panel system save your business on electricity costs but also can be a great investment with returns greater than many other investment strategies. Whilst the Solar Credit Scheme is capped at 1.5kw other incentives like the the NSW state Feed in Tariffs is not capped until 10kW. Meaning you can invest in larger system more comparable with your business usage.
Here is a simple analysis of a range of business size systems and what you can save or earn from your investment.
|
System Size |
Typical Installed Price |
Government Incentives*
(Up front Savings)
|
Actual Cost You Pay |
Feed In Tariff * |
ROI Years 1 - 7 |
Pay back In Years |
|
1.5kW |
$9,300 |
$6,240 |
$2,990 |
$1,300 |
43% |
2.30 |
|
3kW |
$17,000 |
$7,480 |
$9,530 |
$2,600 |
27% |
3.67 |
|
6kW |
$33,000 |
$10,160 |
$23,190 |
$5,200 |
22% |
4.46 |
|
10kW |
$53,000 |
$13,240 |
$39,900 |
$8,600 |
22% |
4.64 |
|
* Depending on location of business - Example based on solar panel system installed for a business in NSW |
In addition to this you will have a great investment in your business premise which can pay for itself in less than 5 years and return savings for up to 25 years.
Speak to a consultant today and see how a solar panel system could be a great investment for your business and profitability.
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