Is solar a good business decision?

Like many Australian business owners, you are probably looking for a way to lower your overhead costs and improve the bottom line. Cutting costs is one of the best possible ways to accomplish these goals. There are various ways to go about reducing the overhead costs and improving the bottom line, but reducing the energy cost using solar system has the added bonus of helping the environment.

In the current inflating cost of electricity, it is hard to beat commercial solar energy systems when it comes to reducing energy costs. Several Australian companies/organizations are investing in these systems than ever, and your business is not an exemption.

Benefits of solar energy for Australian business owners

Environmental

It is all about your business responsibility and obtaining the “green” label. If your business gets electricity from the solar power, it will reduce the greenhouse emission and consumption of fossil fuel, hence reducing the carbon footprint. It is good for the planet and good for the business. In fact, it will not only reduce operating costs, but also serves as a great marketing tool for your business.

Cuts electricity bill

If you installing a solar power system, you can eliminate or considerably reduce your business monthly electricity utility bill and cut business risk going forward. With the threat of continued rise in electricity prices, there are significant challenges for any Australian business. However, generating your own power with solar, you can minimize your cost of electricity and even eliminate or reduce its sensitivity to future rate increment.

Improves property value

Studies have shown that businesses with solar systems sold at a higher price point than business without such systems. The price premium you can get for the solar systems is more than the original capital investment.

An excellent return on investment

Australia has year round good sunshine, making the solar system investment a sound and wise business decision. In fact, a drop in the cost of solar panels means more money for your business. Investing in solar power for your business generate both quick payback and long-term savings for your business.

Incentives, rebates and tax credits

Take advantage of state, federal and local tax incentives. There are generous Australian government incentives available to help you make a worthwhile investment in your business energy future. Make sure you understand these incentives before deciding against commercial solar power.

 

For more information on structured Australian solar energy systems, please contact Solarwide, and we will work with you to design the most aesthetically, efficient pleasing solar energy system possible for your business. Remember, Solarwide has the experienced Sunshine Coast and Brisbane Solar Energy specialists!

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