Sustainability

Solar Panels for Businesses

More companies are choosing to go green and would like to use solar panels to accomplish their environmental goals. Companies from large entities down to SMEs are looking to adopt solar power to run their facilities. But is it a feasible solution in the long run? Aren’t solar panels too expensive? We’ll take a look […]

Words:
PlanetMark
Images:
Freepik
Back to top

More companies are choosing to go green and would like to use solar panels to accomplish their environmental goals. Companies from large entities down to SMEs are looking to adopt solar power to run their facilities. But is it a feasible solution in the long run? Aren’t solar panels too expensive?

We’ll take a look at the answers to these questions later in the article. First, we’ll start off by reviewing what solar energy is and how solar panels can benefit your business.

What is Solar Energy?

Solar is any type of energy that’s created by the sun. This is the same energy that’s responsible for all life on Earth, and it can be harvested to help us make electricity.

Solar panels or photovoltaics are used to convert the sun’s energy into power. These systems are effective at making the most of solar energy to power our homes and businesses.

How Can Solar Panels Benefit Your Business?

Solar panels are a business investment, and it’s important to consider whether the financial investment is worthwhile for your business. Here are some of the benefits that solar energy can offer any company:

Energy Independence

Installing a commercial solar system can reduce a company’s reliance on energy from the national grid. The more power your solar system generates, the less electricity you need to pay for. Depending on the type of solar system installed, it’s possible to use batteries to store excess electricity created by the solar panels. This energy could be used at times when solar generation is low.

The main reason for the high energy prices in the UK is the higher wholesale prices of gas and electricity. Even so, if you become more energy-independent, your business won’t be as affected by the volatility of prices in the energy market.

Return on Investment

It’s true that a solar system may be a large investment for the company; however, the return on investment means the business eventually earns its money back from power generation.

With a commercial photovoltaic system, there will come times when you generate more energy than your business can use or store. That excess energy can be exported to the grid, and you receive an export payment for your efforts.

Reduce Overhead Business Expenses

When you rely on solar power to meet your energy needs, it can result in lower overhead costs. The reason is that you’re no longer paying for expensive energy from a supplier.

Energy expenses can be costly for a business in the UK, especially at times when energy prices are rising sharply. On the other hand, using solar energy could mean a cut in overhead expenses to reduce the amount you pay for energy.

Create Sustainability in Your Business

Solar power is a clean, renewable energy that can reduce the company’s carbon emissions. It also reduces your reliance on fossil fuels.

Not only does this help your business to work toward its Net Zero goals, but it also increases your company’s green credentials and improves your brand’s reputation.

How to Get the Most Out of Solar Power

Reduce the Use of Electricity

By adopting solar panels, you reduce the amount of electricity used by your business. It also reduces the amount you pay for electricity from the national grid.

In addition, your business could become more energy efficient in other areas of the company. The result is lower power bills and a reduction in the amount of energy needed from the grid.

Your company becomes greener in the process, too!

Increase Electricity Usage During the Day

To get the most out of your PV solar system, your business needs to try and use its electric-powered equipment throughout the day. Your solar panels work during the day, producing electricity that could power all the equipment.

For this reason, you may want to consider putting equipment on a timer to switch off at night when there’s no solar power being generated.

Combine Solar with Other Renewable Power Sources

Another way to get the most from your PV solar system is to combine solar power with other sources of renewable energy. This could result in additional savings on the cost of electricity. For instance, installing heat pumps powered by solar means you’d have to rely less on gas and electric power.

Solar PV systems also work great with other technologies, such as voltage optimizers. You could save more energy as the electricity that’s not needed is exported to the grid.

Grants Available for Solar Panels for Business in the UK

If your business invests in a solar system, it’s possible your company could be eligible for a Smart Export Guarantee (SEG). SEG is a government-sponsored scheme that allows you to sell surplus electricity back to the national grid. Not all energy suppliers participate in this scheme.

To be eligible for this scheme, you must have a maximum installed capacity of solar below 5MW. So, this scheme is best for small businesses that have lower energy needs.

How Long Does It Take to Install Commercial Solar Panels?

The answer depends on your business and what is needed to install solar panels on your facility. It can take from a few weeks to a few months to install the system.

The process starts with a site evaluation and then the construction time. Some systems can be installed in as little as two weeks; however, it depends on the complexity of the project.

Can Solar Panels Power an Entire Commercial Building?

It is possible to completely rely on solar power throughout the day. However, you may still need energy from the grid if your company operates outside of daylight hours.

Can my Business Continue Working During Solar Panel Installation?

Yes! Most businesses can operate as normal during the installation of your solar system. However, if possible, it’s best to have the system installed outside of business hours, such as on the weekend. This minimises disruptions to business operations.

Summing It Up

Solar panels are a great way to make your company more sustainable and energy efficient. A PV solar system would allow your business to cut its reliance on the national grid and instead rely on sources of renewable, green energy.

It’s true that a solar system can be a huge investment; however, there are schemes available to help companies offset the cost of installing such a system. In this way, solar power becomes more accessible to all businesses, no matter their size.

Mastering Supply Chain Engagement

Tuesday 9 July 2024, 12:00-1:00 PM

-1days
This site is registered on Toolset.com as a development site.