Commercial Solar
At GREEN AND SAVE Commercial we consider solar as a financial investment. This means that it must deliver investment returns just like any other financial investment.
GREEN AND SAVE Commercial can provide your business with a tailored proposal addressing all investment considerations such as;
- The capital outlay of the investment
- The investment yield
- The payback period
- The Net Present Value (NPV)
- Tax Advantages
GREEN AND SAVE Commercial will provide all the necessary information for you to make an informed investment decision on installing solar power at your premises. In the proposal you will see the financial benefits through our detailed forecasting and financial data. It will inform you about your potential to reduce your electricity bills and carbon footprint whilst improving your competitive edge by being seen as ‘Green’ and environmentally responsible.
Despite the initial capital outlay, your long term savings on your electricity bills will by far exceed your costs. The price of solar power has dropped dramatically over the last 24 months, while electricity prices have skyrocketed, it will only continue to rise.
You can generate electricity at a lower cost than purchasing from a utility provider. If you are paying more than 20c/kWh for your daytime electricity usage, a system sized to your daytime load will provide a payback period between 4 and 6 years. In the long term this translates to a huge reduction in your medium to long term operational costs and the electricity you generate is essentially free.
Financial Modelling
At GREEN AND SAVE Commercial we understand that investing in a solar PV system is just like any other financial investment. Our experienced solar experts will help you make an informed investment decision.
Installing a Commercial Solar system is like any other financial investment. It is crucial to consider all the elements of that investment such as cash flows, capital expenditure, risks, and ongoing costs.
To determine if Solar is a good investment for your business you must take into consideration all these elements. GREEN AND SAVE Commercial will create a financial model for the project which incorporates all these important elements.
GREEN AND SAVE Commercial will size your Solar PV system accordingly. We will ensure not to oversize the solar system on your commercial premises to prevent over capitalising and hence wasted resources. On the other hand, under-sizing can mean a lost opportunity for very high marginal returns.
GREEN AND SAVE Commercial can prepare comprehensive financial projections and modelling for business or organisation.
A Typical financial model will include:
- Initial outlay or capital cost of the solar investment.
- An analysis of the buildings electricity consumption and usage. GREEN AND SAVE Commercial can interpret the past 12 months of electricity usage data from your metre right down to 30min intervals. We can then over historic solar production to give you an accurate estimate of what various commercial solar systems sizes will achieve.
- Approximate electricity generation of the Solar system
- On-site solar utilisation rates and tariffs.
- Projections of future electricity price increases rise assumptions.
- Solar panel efficiency degradation and minimum warranted output.
GREEN AND SAVE Commercial will provide you with this complete financial model including the data and assumptions allowing you to make a correct informed investment decision. You will also have the ability to validate your investment decision after installation using our intelligent monitoring solutions.
INCENTIVES
At GREEN AND SAVE Commercial we specialise in qualifying you for government grants and incentives. We will endeavour to reduce the capital outlay of your solar PV system, thus maximising your return on investment.
With the numerous government rebates and incentives related to renewable energy sources available today, investing in solar power has never been better. Decrease initial investments and accelerate your return by taking advantage of small and large energy certificates (STCs and LGCs), feed-in-tariffs and other federal and state rebates. You may also generate revenue by selling your power to your electricity retailers.
Currently, manufacturing organisations as well as food and foundries have access to the AusIndustry, Clean Technology Investment Program (CTIP) Funding. This limited and competitive grant can give qualified applicants the ability to receive up to 1:1 dollar matching on their solar investment and funding of up to $500,000 for your organisation.
Tax Advantages
There are huge tax and depreciation advantages in purchasing a commercial solar PV system for your business. If your company is liable for a carbon tax, a solar PV system will reduce the amount of tax payable due to the reductions in your carbon emissions. Your business may also be able to claim a tax deduction on your investment in a solar PV system.
Please contact your accountant for financial tax advice that is specific to your business.