Technology

The Benefits of Solar Power for Small Businesses

Written by Chris Meloni

Solar companies in Australia are working towards making more small businesses solar-powered. Commercial solar-powered businesses can enjoy significant advantages, such as lower operating costs. If you want to install solar power in your business, you should consider reaching out to the best solar installers in Australia.

Should you install solar power on your business premises?

Before you take this leap, you should consider if this is the right decision for your small business. Make sure to ask yourself the following questions:

  • How much electricity does your business consume throughout the day?
  • Is there room in your budget for installing solar panels?
  • Is there adequate space available on the roof of your premises?
  • If you are renting, do you have permission to install solar panels?

What are the key benefits of solar power for businesses?

Some of the most common benefits of installing solar panels include:

Saves money

One of the main reasons businesses of all sizes should consider installing solar panels is that it can help save on costs. Solar panels can be a strategic investment; although the initial expense can be high, it can lead to better financial returns in the long run.

If you are operating your business in Australia, you must be familiar with the current high electricity charges. Thus, investing in installing solar power for business can protect your bottom line. Furthermore, this can also help you in determining long-term spending and savings decisions.

Become more environmentally friendly

More and more people and businesses are becoming environmentally conscious. When you use solar power to generate electricity, you are using fewer fossil fuels and contributing to a reduction in pollution. When you switch to solar power, you become a part of the green movement, and you help fight climate change.

Being environmentally friendly also means bringing sustainability to your business. This can positively impact your brand, and it can also be one of the most efficient marketing tools. According to research, environmentally conscious businesses are viewed more favourably by Australian consumers.  

Energy independence

Independence from commercial energy sources is something you can enjoy when you switch to solar power. When you invest in a reliable solar power system, you will no longer need to strictly depend on your electricity company.

This can be beneficial at times when your area may be facing a power outage, and can be extremely important if you operate in a power-sensitive industry.

Minimal maintenance

If you want a reliable source of power, choose solar. Once you install the solar panels, maintenance is often negligible due to their efficiency. If your business installs high-quality panels, they can last between 25-40 years. Moreover, many of these solar power panels come with a warranty of 25 years, giving you peace of mind.

Tax benefits

Believe it or not, you can claim your solar power system on your business tax return! Small businesses can write off business-related purchases with a value of $20,000 or less, including the installation of solar power. If this incentive is not enough, the Australian government solar rebate reduces upfront costs through a subsidy system, making solar power even more affordable.

How powerful does your small business’ solar power system need to be?

Before proceeding with the installation of solar power, you need to calculate how much power your business requires per day, as well as estimate how many hours of sunlight your panels will receive. Most small businesses require a solar system of 10kw. Usually, getting a solar system of this size will cost somewhere between $8,000 to $12,000.

Conclusion

If you own a small business in Australia, you should consider installing solar power. It is advisable to consult the best solar installers in Australia who can offer tailored advice and installation of your system. Solar energy can bring significant advantages to your business that will help you grow and be environmentally conscious. Ensure you do your research, and then reap the rewards!

“The opinions expressed by BizWitty Contributors are their own, not those of BizCover and should not be relied upon in place of appropriate professional advice. Please read our full disclaimer."

About the author

Chris Meloni

Christopher Meloni is an enthusiastic and professional Blogger who covers various niches like Law, Education, Software, home improvement, and other similar topics which are trending and appealing to readers. He aims to achieve a difference through his writing which allows readers to make a valuable choice.