Commercial solar is a great way to improve your business’ sustainability and cut down on energy bills. With a global spotlight on sustainability and a raft of financial inducements for making the switch, now is the time to start thinking about incorporating a solar + battery system into your commercial property. Not only can you take advantage of government incentives and tax benefits, but you can also cement your brand as a positive and responsible front-runner in the sustainable business landscape.
Why should you install solar for your business?
Installing solar for your business is a strategic move that pays dividends for both your bottom line and the environment. With advancements in technology and an increasing awareness of sustainable practices, harnessing the power of the sun is not just a trend but a smart business decision.
Low-risk investment and low-maintenance
One of the primary ways solar contributes to your business’ sustainability goals is by significantly reducing your carbon footprint. Solar energy systems generate electricity with virtually no greenhouse gas emissions, mitigating your business’ impact on climate change.
This commitment to reducing your carbon footprint could have the knock-on effect of attracting progressive staff, with research showing employees are more likely to accept jobs from environmentally sustainable companies, and consumers are drawn to greener credentials. An environmentally conscious approach not only fosters a healthier planet but also positions your business as a responsible front-runner in environmental care.
Longevity and sustainability
Solar systems are built to last, providing your business with a long-term, sustainable energy solution. With minimal moving parts and durable materials, solar panels boast an impressive lifespan. This longevity translates to consistent energy production over the years, shielding your business from the increasing volatility of the conventional energy markets. Embracing solar power also aligns your business with sustainability goals, showcasing your commitment to a cleaner and greener future.
Financial benefits of solar for your business
Investing in solar for your business offers some compelling financial advantages, including government incentives and depreciation deductions. WA’s commitment to sustainability is evident in its array of incentives and support programs, which significantly reduce the initial costs associated with solar installation. With a solar provider like Plico, you can enjoy hassle-free solar for one low weekly instalment and no big upfront costs. Government support, along with ongoing benefits like being part of a Virtual Power Plant (VPP) work to expedite the return on investment (ROI) for businesses opting for solar energy.
Plico’s VPP allows you to earn financial rewards for increasing or decreasing your energy load on the grid. The VPP functions as a storage space for excess energy generated when demand is low. Plico members are then credited for their energy when the VPP is activated to support the grid, with the credits being offset against Synergy bills or Plico member accounts.
At the same time, taking advantage of the Australian Taxation Office’s depreciation deductions allows businesses to claim the depreciated value of solar assets over time. This combination of government support and tax-efficient strategies helps make solar installations more economically appealing. What’s more, switching to solar can help reduce some of those shockingly high energy bills. Running a business takes power, but with solar power, you can take steps toward reducing your reliance on the main electrical grid.
How does solar help your business’s sustainability goals?
Integrating solar power into your business is a huge step towards achieving your sustainability goals. Beyond financial gains, adopting solar energy aligns your business with environmental responsibility, ethical standards, and renewable energy targets. This establishes a firm foundation for a greener and more sustainable future.
Reduces carbon footprint
One of the primary ways solar contributes to your business’ sustainability goals is by significantly reducing your carbon footprint. Solar energy systems generate electricity with virtually no greenhouse gas emissions, mitigating your business’ impact on climate change.
This commitment to reducing your carbon footprint could have the knock-on effect of attracting progressive staff, with research showing employees are more likely to accept jobs from environmentally sustainable companies, and consumers are drawn to greener credentials. An environmentally conscious approach not only fosters a healthier planet but also positions your business as a responsible front-runner in environmental care.
Aligns with ESG goals
Embracing solar power aligns seamlessly with Environmental, Social, and Governance (ESG) goals. It demonstrates a commitment to environmentally friendly practices, positively impacts the communities in which your business operates, and showcases strong corporate governance. This alignment meets the expectations of socially responsible investors and enhances your business’s reputation as an ethical and socially aware enterprise.
Meets renewable energy targets
Governments and industries globally are emphasising the transition to clean and renewable energy sources. By incorporating solar power, your business takes significant strides towards meeting renewable energy targets. Utilising solar power positions your business as an active participant in this global shift, allowing you to demonstrate a proactive commitment to reducing dependence on non-renewable resources. This contributes to the collective effort of building a sustainable energy future.
Charging electric vehicles
Allowing your employees to charge their EVs at work through the solar system is a great way to advance your business as being socially and environmentally conscious and light up your reputation as a first rate employer too. Electrical vehicles are growing ever more popular, as people opt for the sustainable and stylish mode of transport. But one of the key issues is their charging range. Reassuring staff that they charge at the office without having to waste time searching for public charging stations will boost their productivity and build business loyalty. And adding to employee benefits in the sustainability sphere is the best way to attract top quality eco-conscious employees.
Can solar help your business’ brand?
Solar can definitely help boost your brand. As consumers increasingly prioritise sustainability, businesses that adopt environmentally responsible practices have a competitive edge. Going solar sends a powerful message about your commitment to reducing your business’ environmental impact. This resonates with conscientious consumers who prefer brands aligned with eco-friendly values.
Adopting this approach can bolster brand loyalty and attract a new wave of environmentally conscious customers. What’s more, showcasing your dedication to clean energy positions your brand as forward-thinking and socially responsible. In a landscape where consumers are scrutinising the environmental impact of their choices, embracing solar power becomes a tangible and impactful way to build a positive brand image. This is all while meeting the rising demand for sustainability in business.
What type of solar panel is best for commercial use?
Getting the right solar panel for your business ensures you maximise the benefits of greater energy independence. There are many different types of solar panels to pick from. Choosing monocrystalline or polycrystalline panels ensures the utmost durability and efficiency. Monocrystalline panels are more space-efficient, making them suitable for businesses with limited roof space. On the other hand, polycrystalline panels offer a cost-effective solution for larger installations.
The best size and amount of solar panels depend on your commercial property's specific energy needs and available roof space. A great advantage of teaming up with Plico is making the most of our obligation-free site visits. We’ll send an expert to assess your property and help you determine the best solar solution for your business. We take into account factors like energy demand, available sunlight, and future growth projections. When deciding on solar panels, it’s also important to consider their efficiency ratings, warranty terms, and compatibility with other system components like inverters and solar batteries.
Solar batteries for business
To truly maximise solar power for your business, consider a solar battery. Using a solar battery means your company will be better protected from blackouts or power outages, keeping necessary machinery running overnight, like fridges, lighting or security systems.
This protection is also invaluable for businesses that might have essential equipment or customers that rely on them, not to mention the cost savings that using excess solar energy generated during the day can offer you.
Your business needs energy to continue operating. While solar energy is one of the cheapest ways to power your company, a battery provides an added layer of security and savings.
Plico’s switched-on team members can run you through all the options and help you maximise your solar savings. We’ve supported many Aussie businesses to access clean, affordable solar energy. And we don’t just offer solar panels. Plico has a great range of battery-only and solar + battery systems to suit any business. Chat with our friendly team, or explore our range of products and pricing.
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