Renewable energy is becoming increasingly important in our society, and as such, sustainable technologies are more readily available to everyday consumers. The increasing number of homeowners who install solar panels is testament to this.
But, it’s not just households who need to consider taking steps towards sustainability – it’s important for businesses, too. Solar panels, plus a host of other green energy alternatives, are relatively widely available for businesses to use, and more and more are beginning to take advantage of this.
Thanks to a range of funding schemes and grants, sustainable energy options are now available to a wide range of businesses with varying budgets, from large corporations to SMEs.
This is probably the first advantage that springs to mind when you think of solar panels. By investing in and using a sustainable energy source, you’re helping to:
Energy bills can be one of the biggest expenses for a company. For small businesses in particular, it can be even more important to stay on top of your bills. Despite the initial expense, investing in solar panels for your business will have a positive impact on your bottom line and your business’s finances overall.
You’ll save money, because buying less energy from the grid means you’ll see a very quick reduction in your electricity bill. Making such an investment in energy efficiency will also probably make you more conscious of the amount of electricity your business is using, and so you may find that you use less just by being more mindful of it.
You can also earn money, by selling excess energy back to the grid through a feed-in energy tariff. Overall, solar panels provide a good return on your initial investment.
There are also a number of reputation-boosting benefits that can come with changing to solar energy. There’s an increasing demand for green products and services, and green businesses - if you can show consumers that your company is invested in sustainability, you can reap a number of benefits, including:
The cost depends on the type of system you choose. A small-scale solar photovoltaic system costs around £5,000-£10,000, and usually takes between six and ten years to pay back. Solar thermal energy usually costs £3,000-£5,000, and takes about five years to pay back.
Before you install any system, check whether you need commercial solar PV planning permission. It’s also worth checking if you can cut costs with free solar panels for businesses - if not, there are a number of funding options available to cut costs: