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COMMERCIAL SOLAR
Reducing The Cost of Energy For NSW Businesses
With electricity prices rising continuously, running a business can be very expensive, especially with high electricity consumption.
Switching to solar power for your business isn’t just an environmentally friendly choice; it’s a smart business decision. Commercial solar power systems can dramatically reduce your businesses operating costs and improve your business’s bottom line. Not only that, but you’re demonstrating your businesses commitment to reducing its environmental impact. Here’s why solar energy is becoming the go-to choice for businesses.
1. Reduced Operating Costs
Solar power significantly reduces your electricity bills. With solar panels, your business can generate free power over the lifetime of your system, drastically decreasing your energy expenses and improving profitability. With increased power costs and more power hungry machines and devices being used by businesses everyday, solar power can help offset these rapidly rising costs.
2. High ROI from Solar Investment
Solar installations are an investment with impressive returns rivalling traditional investments. Thanks to substantial reductions in utility bills, the average business owner pays off their solar panel system in three to seven years could see an ROI of 20% or more. If your business has capital, consider investing in a solar system. Our team can help provide all the information your accountant needs to run the numbers to see if it makes sense for your business.
3. Enhanced Corporate Responsibility
Businesses face increasing pressure from consumers to operate sustainably. By investing in solar power, your business can demonstrate its commitment to renewable energy, which can strengthen your brand and increase customer loyalty. It’s also a great feeling for your team knowing that they are working for a company committed to making positive change.
4. Energy Independence
Generate your own electricity to become less dependent on the national grid and protect your business from fluctuating energy prices and potential shortages. You can pair a new solar system with batteries for even greater independence, and run your business using solar power for even longer each day. One of the most clear cut benefits of solar panels is their ability to hedge utility prices. In the coming years, as utility prices continue to increase, solar energy remains free after installation and operational costs.
5. Tax Incentives and Rebates
Your business may be eligible for a range of attractive incentives and tax benefits, including accelerated depreciation and rebates. These incentives can significantly lower the upfront cost of solar panels. Investing in solar reduces your operating expenses whilst providing potential tax incentives. Chat to our team today to find out what’s available, and ask your accountant about how a solar power system could improve your tax position.
6. Low Maintenance and High Durability
Solar panels require minimal maintenance and are designed to withstand the wear and tear of environmental conditions, making them a durable investment for your business.
We’ll tailor a solar system to suit your business’s needs, using top quality products with comprehensive warranties. We can also offer battery storage solutions to help you manage your energy usage around the clock. You can also track how much money the business is saving, the amount of solar produced and much more on an easy to use phone app.
Ultimate Solar has CEC Accredited installers ready to help make the switch.