Solar options for businesses
In order to install solar PV systems it is essential to have the permission of the building owner.
If you own the building, then you can install solar in a similar way to a residential owner-occupier. You will save on your electricity costs and give back to the environment.
If you are ready to buy, businesses within the City of Vincent can take advantage of discounts on solar through the Switch Your Thinking program's Rewards for Business initiative. Check out their solar offers here.
Don’t have the upfront capital to invest in solar for your business?
- Consider a Solar Power Purchase Agreement (PPA) where the PPA Provider, usually the solar PV system seller, takes on ownership and maintenance of the solar system and you purchase the solar electricity from them. The rate of supply for a PPA is generally lower than grid electricity because it is supplied on-site and therefore avoids several costs that form part of electricity rates including network fees and market fees. The term of the agreement usually ranges from between 10 and 20 years. The PPA can be reassigned to the new occupier bill payer in the event the business is sold or moves. For more information about a PPA contact a Clean Energy Council accredited retailer. Details can be found here
- Consider a loan to purchase solar PV system outright. The Clean Energy Finance Corporation may be able to assist small business with co-financing.
- You could even lease a solar PV system.
- If all else fails consider implementing these energy saving tips within your business website