The Benefits of Commercial Solar
Solar Energy for businesses can be a cost-effective, practical, and effective method of reducing energy costs and an organisation’s environmental footprint.
The benefit of solar energy is justified purely on financial terms for most businesses, whilst for others, it may be a combination of financial, environmental, marketing and green credentials that determine the investment decision.
Contact the Solaray Commercial Solar Team today for a free 15-minute solar consultation. We can run you through the benefits of installing solar power, put together some rough numbers and help you understand the process of installing solar power.
Attractive ROI on Your Investment
With electricity prices skyrocketing and solar power at record low pricing, we are now seeing a new wave of commercial solar installations across Australia. Our system designers are able to offer your business a solution with an attractive payback of between around 3 to 7 years depending on installation costs, brands/technology, and what you are trying to achieve with the project.
The ROI projections are also dependent on each business’s energy usage, energy contracts, and operating patterns.
Reduced Energy Costs
As energy costs continue to rise, the installation of a solar system allows customers to lock in some or all of their energy requirements at a fixed, predictable rate.
This not only reduces monthly operating costs and improves margins, but also allows for certainty in planning.
The future cost of electricity is unpredictable but it is forecast to continue increasing dramatically over the foreseeable future.
With solar systems having a design life of several decades, solar can provide predictable and managed costs long beyond the term of an energy supply contract. For most businesses, the initial cost per kW for solar power will be below the current starting price of a fixed price contract or the standard grid rate.
Greenhouse Gas Reduction
Every kW of solar power installed can reduce Greenhouse Gas Emissions by more than 2 tonnes per annum. This provides a measurable benefit to the global reduction of CO2 in the atmosphere.
These Greenhouse Gas Reduction figures can be promoted by the company on its website, in its corporate or promotional marketing material and external communications.
NABERS and Green Star Rating Improvement
With recent research showing that properties with a NABERS rating of 4 or higher can provide significantly higher returns than lower or non-rated properties, installing solar power can be a major contributor to achieving a rating increase.
We can work with your NABERS assessor to ensure solar makes a positive contribution to your property’s rating.
Marketing and Environmental Leverage
The intangible benefits of promoting an organisation’s green credentials can be significant and powerful – and solar power is a highly visible and measurable commitment to the environment.
Increasingly, companies are now using their green credentials as a competitive tool when responding to tenders and bidding for contracts.
Furthermore, organisations are now requiring their suppliers to share their environmental commitment as a way of leveraging their own efforts. Solar can be a low cost and tangible demonstration of this commitment.
Solaray Energy can also assist with integrating the benefits of solar power into the company’s internal and external communications including live solar performance displays in reception or on the company’s website.
Cornerstone of Energy Reduction Programs
A Solar Energy System can be the cornerstone of an energy efficiency program that includes computer usage policies, lighting technology and other changes.
The presence and use of solar energy can have a powerful effect on employee behaviour, whether in the office, the warehouse or factory floor as there is a direct link between the source of the power and its use.
Research shows that many potential employees now include evaluating their future employers’ green credentials as part of their career decision making process.
Their commitment to a company and their employment longevity is similarly linked to the employer’s commitment to social and environmental issues.
Solar is a high profile, public commitment to reducing the environmental footprint of your company and this can assist in creating a culture that attracts the best calibre of employee.