Benefits of Solar Panels For Your Business in The UKsubmitted on 5 January 2021
The installation of solar panels is an option for any business that wants to reduce costs, generate additional revenue, reduce dependence on rising energy prices and reduce its carbon footprint.
As more energy is needed to operate, every company on the planet can benefit from installing solar panels, regardless of its size.
Save money
With constantly rising electricity costs, it is easy to see how using free electricity from solar panels could reduce overhead costs. The energy savings from solar energy can be significant, as installing solar panels effectively allows a company to buy electricity at a fixed price.
By using solar energy, a company can then enjoy a "free" electricity supply. According to experts at https://www.atlanticrenewables.co.uk, companies should typically achieve a return of about 5-10% on their investment in a solar panel array. Since an SME may have limited space for a solar panel system, the return on investment or ROI could be closer to that of a domestic system.
To make the most of the space, commercial companies can build a small solar farm, generating additional revenue by selling the electricity they generate from their solar panels back to the grid.
Solar incentives
Many businesses have already recognised that the installation of solar cells to supply electricity can lead to major savings. In the UK, a government program called the Feed-in-Tariff (FiT) has helped companies save money by producing their own renewable energy.
Ideally, you should consume all the solar energy locally, but you can also sell the excess electricity back to the power grid, generating extra income.
Energy independence
A major advantage of solar energy is that your electricity costs are eliminated or offset, which allows savings for businesses large and small. Installing commercial solar panels is a huge step in the right direction, and allows you to generate clean electricity that you can use for your business, reducing your business's need for power from the grid.
any entrepreneur with a small solar farm in their backyard can testify, this can potentially save you lots of money on your energy bills.
Another advantage of solar energy is that most have a 25-year warranty. So even though the costs can seem high initially, you will save money in the decades to come.
Social responsibility
Also, reducing your company's carbon output is an incredibly important reduction in your environmental impact. By taking control of your own business energy supply and producing solar energy onsite, you create fewer CO2 emissions, significantly reduce your carbon footprint, increase the sustainability of your business and improve its reputation.
Installing solar panels and generating electricity is a great way to showcase your green credentials prominently and publicly.
Final thoughts
If you want to install a solar panel array for your business in the UK, you will need the permission of your local authority planning department.
As this form of energy becomes more established, manufacturing costs will fall, making it a viable and highly effective way to reduce operating costs, especially in the face of rising energy prices. Solar power is an efficient source of low-carbon electricity that can help meet the energy needs of many businesses in the UK.
Many companies such as hotels, restaurants, hospitals, schools and other businesses have already installed solar panels in the UK. Are you ready to join them?
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