A commercial solar PV system will reduce or even eliminate your organisation’s electric bill. For big and small businesses, this money saving can have a tremendous impact.
Ofgem estimates that energy prices could rise by over 40% in real terms over the next decade in the UK.
Businesses that are medium-sized users of energy currently face energy (gas and electricity) costs that are on average between 15 and 21% higher as a result of climate change policies. By 2020 the impact is estimated to be between 23 and 26%.
Having a solar PV system installed can help to significantly reduce the amount of grid energy required by your premises, reducing your current energy bills and safeguarding you against future price increases.
A solar PV system can reduce your annual electricity bill by as much as 80%.
Good Return on Investment
Government incentives and a decrease in the cost of solar systems means that solar power is a sound investment and a good financial decision for public agencies and businesses. Investing in solar power generates both long-term savings and quick payback.
The Government’s Feed-in Tariff scheme means businesses receive a payment from your electricity supplier for every unit of electricity you generate from your solar panels whether you use it or not.
Once installed, a solar power system will require little or no maintenance. Most solar panels carry a 25-year warranty.
Generating your own electricity from solar reduces your carbon output and could offset most, if not all, of your business’ carbon emissions. Going green will not only reduce operation expenses but will serve as a great PR and marketing tool.
Despite the recent cuts to the feed-in tariff, solar panels are still a viable option that should be a serious consideration for businesses all over the UK for one or more of the following reasons;
The national grid is currently struggling to generate significant electricity supply to meet the growing demands of the UK. A solar panel installation would keep you in supply should the national grid fail to meet demand.
The Government have already introduced mandatory energy audits for large businesses through the mandatory Energy Savings Opportunity Scheme, hinting that future energy usage from the grid could also be regulated.
Even though the feed-in tariff was heavily cut in January 2016, it’s still possible for your business to make good financial returns if buying a solar PV system. At Energy Gain Uk we can offer competitive finance options through our Green Fund.
If you want to know more contact us here or call 0161 330 7739