The Cost of Electricity is on the Rise
Continually increasing electricity costs for businesses are unsustainable and could put your business at risk.
Electricity charges continue to increase, with some businesses having their bills more than doubled in the past 1-2 years, and economy inflation is not being able to cover these costs.
“The average household and small-business energy bill is more than 80% higher than a decade ago. Gas prices have increased threefold in five years.”
Solar Is The Solution To Cutting Business Energy Costs
Now that energy costs are on the rise and installing commercial size solar systems prices are on the decrease, many businesses are making the smart choice of switching to solar to reduce electricity bills for up to 20 years! Generous Government rebates are also helping businesses with the installation of new solar systems, with rebates saving businesses up to $83,344 dependent on the size of the system.
Under the Government’s STC incentive program, businesses are eligible to receive up to 40% off the total cost of solar installations.
System Size | Incentive |
---|---|
10kW system (Small-sized business) | $6,086 |
30kW (Medium-sized business) | $18,292 |
100kW (Large-scale eg. Supermarket) | $61,064 |
And that’s not all! Reduced electricity bills are only one of the many benefits of switching to solar:
Immediate reduction in operating costs
High investment returns and fast payback periods
Hedge against future electricity price increases
Reduce your carbon footprint & emissions
Systems are low maintenance and last for decades
Improve your environmental credentials
Payment plans are also available for businesses wanting to pay for the installed system gradually.
- Cash / CapExThe most cost effective away to finance your system and will lead to the fastest payback time and the highest ROI
- Power Purchase Agreement (PPA)A PPA is a form of lease whereby a third party owns and maintains the system for a set period and you buy the power at a rate lower than you pay from the grid. After around 20 years, you’ll own the system.
- LoanA business loan or Green loan is a great way to finance a system and, in most cases the repayments will be less than the savings in electricity so it should be a no-brainer.
We Want To Take The Hassle Out Of Switching To Solar
Since 2011, we’ve helped over 220,000 Australian homes and businesses understand the benefits of solar and have connected them with Clean Energy Council (CEC) accredited solar installers in their local area.
With Solar Market, this Process is Simple
- Step 1
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Complete the short questionnaire about your business and how you use your energy.
- Step 2
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Solar Market will analyse the results and match you with 3 suitable Clean Energy Council Accredited Commercial Solar Installers who service your area. Those installers will then be in contact with you regarding your specific needs, benefits and costs.
- Step 3
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While you wait to hear from our Solar Installers you can use the tools and guides on our Solar Market website to better understand how solar can benefit your business.