Commercial Solar Panels

Grants for Solar Panels on Commercial Buildings

Solar power has become increasingly popular in the United Kingdom, particularly with the Domestic Renewable Heat Incentive offering grants for Solar Panels installation on domestic homes.

Unfortunately, no such grant exists for Solar Panels installation on commercial buildings. The Feed-in Tariff scheme which incentivised Solar Panel applications had closed in March of 2019 but with the UK government’s commitment to reduce climate change emissions and reliance on fossil fuels, it is hoped that new opportunities for Solar Panels funding will arise in the near future.

The Smart Export Guarantee (SEG) scheme, which took effect in January 2020, offers businesses the opportunity to export excess energy back to the national grid – meaning financial gain. To be eligible for this scheme you need a smart meter installed, which can measure power exports. 

Commercial solar panel installers are already finding ways to capitalise on these opportunities and Salix Funding is contributing to this by providing interest-free capital for SEG-eligible energy-efficient technologies in the public sector. Salix is jointly funded by the Department of Business, Energy and Industrial Strategy (BEIS), Scottish government, Welsh government and the Department for Education.

Financial Rewards

Solar energy is a powerful way to invest in long-term financial savings. Under the Solar Energy Generation (SEG) legislation, suppliers are allowed to determine the pricing of the energy purchased. 

These rates can be flexible or fixed and must not be less than zero, making them competitive with wholesale and market prices. Solar panel owners who take advantage of this system could see steady profits from their surplus energy exports. 

With current climate patterns leading to increased solar activity and many electric companies looking towards solar alternatives, investing in solar energy stands as an attractive asset for those seeking financial rewards.

What Are the Benefits of Commercial Solar PV?

Solar PV (photovoltaic) systems provide substantial savings and numerous benefits to businesses all around the world. Solar panels reduce electricity bills, avoid strain on the energy grid, and increase a business’s sustainability efforts. 

Solar PV systems are becoming increasingly efficient and cost-effective for commercial buildings, making them an ideal choice for businesses looking to lower costs, decrease their carbon footprint, and invest in renewable energy. 

Solar panels allow businesses to generate income from selling back excess electricity to the grid and can produce long-term savings that effectively pay back any initial investment made in purchasing solar PV systems.

Solar power is becoming an increasingly popular choice among commercial establishments due to its low maintenance and ongoing cost-saving benefits.

we break down the 3 key advantages of using solar panels for your business.

1. Reduced Utility Costs

Installing Solar PV onto commercial properties can have a huge impact on the operational costs of the business.

Solar panels are an eco-friendly energy source that greatly reduce utility costs by providing an off-grid supply of electricity; this not only helps keep operating costs low, but also significantly contributes to helping the environment.

Solar PV is proving a popular option when it comes to investing in renewable energies and makes a great financial decision due to being very cost-effective in the long run.

2. Efficient Energy Production

Solar PV, or photovoltaic, technology has numerous benefits for businesses of all sizes. Solar panels leverage the power of the sun to generate renewable energy, reducing a company’s reliance on increasingly expensive fossil fuels while also limiting their eco-footprint.

Solar PV systems are incredibly efficient at capturing and producing energy with minimal losses, making them an attractive long-term prospect for those looking towards a greener future.

Solar panels have a great return-on-investment and can help businesses significantly reduce their electricity bills. With the right setup, companies can look forward to reliable, sustainable energy production that yields ongoing cost saving benefits over time.

Solar PV makes sense for businesses who are ready to turn the corner and make the switch to solar energy.

3. Tax Relief and Additional Income Potential

Solar PV provides the chance to produce green energy while enjoying generous tax relief regulations and access to additional income.

Solar panels put in place by commercial entities can generate income through Feed-In Tariffs, sales of Solar Renewable Energy Credits, and sales of their extra Solar power back to the grid.

Solar PV also provides financial advantages for companies, as most solar projects are completely tax deductible.

Solar PV has become a great way for businesses to reduce their energy bills, create energy sustainability goals and even enjoy extra returns on investment without requiring a significant upfront cost.

What Are the Main Disadvantages?

Solar panels have proven to be a reliable source of clean energy and provide substantial economic savings, but they come at a cost.

Installation may require major changes to your business structure, like roof supports, which can be expensive and labour intensive.

Solar panel performance also varies with geography and cloud cover, making it unreliable when the weather isn’t ideal.

Solar panels only convert part of the sun’s available energy into electricity and can take up some sizable business given their array size requirements; therefore, standard rooftop installations are not suitable for all businesses.

Maintenance is also crucial for optimal long-term performance of your system, but regular checkups done by certified technicians may prove costly as time goes on.

Although solar panel systems offer numerous benefits, there are certain drawbacks to consider before investing in this technology.

1. High Initial Investment

Solar panels are becoming increasingly popular for commercial businesses due to the high initial investment being outweighed by long-term cost savings.

Solar panels offer reliable, renewable energy and help protect against rising electricity costs since once the system is installed, businesses no longer need to depend on their local utility provider.

Not only are solar panels great environmentally and economically, they also provide tax benefits too.

Solar panel systems can be seen as a sensible, sustainable solution for commercial businesses that want to reduce overhead costs and become more efficient while preventing damage to the environment.

2. Weather Dependency

Commercial Solar Panels provide a reliable and renewable source of energy, especially in areas with clear skies and high levels of sun exposure.

This form of power production is beneficial as it can reduce dependence on weather or grid powered sources.

Commercial Solar Panel operation is also efficient as they require little maintenance, making them a great asset for businesses that are looking to adopt renewable energy practices.

Furthermore, these solar panels are cost effective and allow organisations to take control over their energy expenses in an environmentally friendly way.

Commercial Solar Panels produce clean energy, helping to reduce carbon emissions and further protect the planet from damaging levels of pollution.

FAQs about Industrial Solar Panels

How long do solar panels last?

Commercial solar panels provide both a cost-effective and sustainable source of energy. But when you’re considering making this investment, you need to know exactly how long they will last.

Commercial solar panels are typically built with an expected lifespan of anywhere from 25 to 30 years. The exact length of time can vary depending on environmental factors, such as the amount of sunlight exposure and heat the solar panel has been exposed to.

Manufacturers may provide extended warranties for additional peace of mind, however even without one structural integrity is ensured for decades.

Additionally, some components in commercial installations may require maintenance over time such as the inverter or other elements that are prone to potential failure due to wear and tear.

Overall, with proper care and maintenance Commercial Solar Panels can be relied upon for years or even decades.

Will solar panels cause roof damage?

Commercial solar panels are becoming increasingly popular in order to reduce energy costs, however questions often arise as to whether this will cause roof damage or not.

Commercial solar panel installation ensures that all safety protocols and procedures are carefully followed when installing the panels.

Not only do they make sure that the roof structure is unaffected but also that any existing roof warranties remain in place.

This includes checking for compatibility with roof types and structures according to company requirements.

Commercial installers also ensure that there is no danger of water leakage into the building since a sturdy foundation is crucial for the successful operation of solar systems.

With correct installation from certified professionals, businesses can rest assured that their roofs will remain safe and secure whilst reaping the rewards of renewable energy.

Will solar panels protect my business from blackouts?

Commercial Solar Panels are an invaluable investment for businesses looking to protect themselves from blackouts.

By harnessing the power of the sun, businesses can drastically reduce the risk of a halt or interruption in services due to power outages.

Not only does installation of Commercial Solar Panels provide protection from blackouts but it also allows businesses to save significantly on energy costs.

Installing Commercial Solar Panels is an efficient way for businesses to reduce their carbon footprint and make a positive impact on our planet. Solar energy is a reliable and cost-effective form of energy that helps protect business operations from emergency interruptions now, and into the future.

If you are interested in installing commercial solar panels, We can help you.