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How Your Small Business Can Save Money by Going Solar

How Your Small Business Can Save Money by Going Solar

<p class&equals;"normal">The threats of climate change have incentivized many companies to adopt more eco-friendly measures&period; A lot can be done to <a href&equals;"https&colon;&sol;&sol;haznos&period;org&sol;2014&sol;creating-a-sustainable-office-environment&sol;"><span style&equals;"color&colon; &num;1155cc&semi;">create a more sustainable office environment<&sol;span><&sol;a>&comma; from switching to energy-efficient appliances&comma; to easier remote work set-ups&comma; and bigger investments&comma; such as powering your office with renewable energy&period;<&sol;p>&NewLine;<p class&equals;"normal">Huge conglomerates around the world have made the switch to renewables to power their buildings and equipment&period; Target&comma; Apple&comma; IKEA&comma; and Walmart&comma; to name a few&comma; have installed solar panels&comma; which helps lower their carbon footprint and save money at the same time&period;<&sol;p>&NewLine;<p class&equals;"normal"><a href&equals;"https&colon;&sol;&sol;www&period;greenmatch&period;co&period;uk&sol;solar-energy&sol;solar-panels&num;cost"><span style&equals;"color&colon; &num;1155cc&semi;">Solar PV panels use sunlight to generate electricity<&sol;span><&sol;a>&comma; meaning&comma; in essence&comma; you can get free energy during the day&period; It may sound implausible for small businesses to go solar&comma; but solar panels do not have to break the bank&period; With a bit of upfront capital&comma; you can install solar panels and reap long-term benefits&comma; while simultaneously making a positive contribution to climate goals&period;<&sol;p>&NewLine;<h2><a name&equals;"&lowbar;dm0njsxullvx"><&sol;a>Cover Your Electricity Needs During the Day<&sol;h2>&NewLine;<p class&equals;"normal">As solar panels need sunlight to generate electricity&comma; using them for your business—during business hours—is an optimal way to get the most out of your solar investment&period; Your panels can generate the electricity you need then and there&comma; so that you don’t rely on the grid and pay peak hour rates&period;<&sol;p>&NewLine;<p class&equals;"normal">You can effectively eliminate your electricity bills&comma; depending on the amount of energy you require and the size of your system&period;<&sol;p>&NewLine;<p class&equals;"normal">Solar panels can help power anything that requires electricity&comma; from your office equipment&comma; to lighting&comma; to your general utility bills&period;<&sol;p>&NewLine;<p class&equals;"normal">If you run a call centre and have an <a href&equals;"https&colon;&sol;&sol;www&period;market-inspector&period;co&period;uk&sol;telephone-systems&sol;office"><span style&equals;"color&colon; &num;1155cc&semi;">advanced telephone system<&sol;span><&sol;a> that needs to be active the entire day&comma; you may have high electricity bills currently&period; But if you invest in solar&comma; you could significantly reduce your costs because you would be powering your phone lines with free electricity&period;<&sol;p>&NewLine;<h2><a name&equals;"&lowbar;20fxy36lqqu9"><&sol;a>Earn Money for Surplus Electricity<&sol;h2>&NewLine;<p><img class&equals;"aligncenter wp-image-13256 size-full" src&equals;"https&colon;&sol;&sol;haznos&period;org&sol;wp-content&sol;uploads&sol;2020&sol;10&sol;solar-2&period;jpg" alt&equals;"How Your Small Business Can Save Money by Going Solar" width&equals;"640" height&equals;"426" &sol;><&sol;p>&NewLine;<p class&equals;"normal">There are a number of grants available for renewable energy in many countries around the world&period; These incentives have been implemented to encourage the uptake of renewables to help transition towards a cleaner&comma; greener future&period;<&sol;p>&NewLine;<p class&equals;"normal">In the UK&comma; small businesses in particular can benefit from solar panels as they are eligible for the <a href&equals;"https&colon;&sol;&sol;www&period;ofgem&period;gov&period;uk&sol;environmental-programmes&sol;smart-export-guarantee-seg&sol;about-smart-export-guarantee-seg"><span style&equals;"color&colon; &num;1155cc&semi;">Smart Export Guarantee<&sol;span><&sol;a> &lpar;SEG&rpar;&period; The SEG came into effect in December 2019&comma; and is a scheme that offers an export tariff for surplus electricity generated by small-scale low-carbon energy technologies&comma; including solar energy&period;<&sol;p>&NewLine;<p class&equals;"normal">The caveat is that these installations cannot have a larger capacity than 5MW&comma; which is why it’s ideal for small businesses&period; It’s unlikely that your small business will need more than that&period;<&sol;p>&NewLine;<p class&equals;"normal">What the scheme means in practice is that if your panels generate more electricity than you needed on that day&comma; you can export it back to the National Grid and effectively earn money&period; The tariff does depend on the supplier you partner with&comma; so it’s important to shop around to get the best rates&period;<&sol;p>&NewLine;<p class&equals;"normal">In addition&comma; some energy suppliers under the SEG scheme permit exporting stored energy&comma; so if you have solar batteries&comma; you can also export the electricity at a later date&period;<&sol;p>&NewLine;<h2><a name&equals;"&lowbar;pcxwxcei46tw"><&sol;a>Be Aware of Limitations<&sol;h2>&NewLine;<p class&equals;"normal">Naturally&comma; with any investment there are risks and limitations to take into account&comma; too&period; When purchasing a solar panel&comma; there is a relatively high amount of upfront capital required&period; Today&comma; a 6kW solar panel system costs £8&comma;000-£10&comma;000&comma; while a 12kW solar panel system costs from approximately £13&comma;000&period;<&sol;p>&NewLine;<p class&equals;"normal">Once installed&comma; though&comma; they require little maintenance and can start already giving you returns on your investment—particularly if you choose to sell electricity back to the grid&period;<&sol;p>&NewLine;<p class&equals;"normal">However&comma; one thing you will not be able to predict or control is the sunlight hours you will get per day&period; This can lead to different output levels each day&period; There is a common misconception&comma; though&comma; which is that solar panels need bright light and hot temperatures&period; In fact&comma; solar panels work optimally in temperate climates and work perfectly fine on cloudy days&comma; too&period;<&sol;p>&NewLine;<p class&equals;"normal">Finally&comma; when you install solar panels on your roof&comma; you’ll understandably be more locked into your location&period; Therefore&comma; it would be advised to not install solar panels if you plan to relocate offices in the upcoming years&period; While it’s not an impossible task&comma; you would have to pay an installer to remove them and re-install them on the roof of your new building&period;<&sol;p>&NewLine;<h2><a name&equals;"&lowbar;ydo3rrfitgo2"><&sol;a>Solar Trends Have Made Installations More Affordable<&sol;h2>&NewLine;<p class&equals;"normal">Solar panels have been around for a while now&period; Over the years&comma; technological advancements have made them increasingly affordable&comma; and prices have fallen by a staggering 82&percnt; since 2010&period; It’s likely that prices will fall even more&comma; which can lead to an even more widespread adoption of solar energy&period;<&sol;p>&NewLine;<p class&equals;"normal">Solar panels have high up-front costs&comma; but can provide long-term cost and environmental benefits&period;<&sol;p>&NewLine;

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