Green Powered Solar

Solar Energy: Why Your Business Should Switch Now!

Are we missing a trick? Are most businesses missing a trick? Rooftops are CASH COWS!

I shall shout that from the rooftops! Cash Cows.

Rooftops are cash cows. When was the last time you had lunch on the roof, had your office party up there, conducted meetings up there, Interviewed prospective employees, took part in Zoom calls, made a telephone call, or made a cup of tea?

Utilise your roof with the installation of Solar PV; we are transitioning away from fossil fuel carbon molecules into a new era based on renewable-powered electrons. These electrons will save you money, reduce your running costs and reduce your CO2 emissions. A win-win-win situation. If the capital outlay is holding you back, then Power Payment Arrangements can help you get there.

Read on to find out more.

The year 2024 marks a significant turning point for UK businesses in their adoption of solar energy. This shift isn’t just a fleeting trend; it’s a fundamental transformation driven by a combination of financial incentives, technological advancements, and an increasing commitment to sustainability. Let’s look into the current landscape of solar power in the UK business sector and understand why it’s not just a smart choice but a necessary one.

A Surge in Solar Adoption

Expanding Horizons

  • Rapid Market Growth: The UK solar power market is on a steep upward trajectory, expected to increase from 17 gigawatts at the end of 2023 to 43 gigawatts by 2028, with the aim of achieving the government’s target of 70 gigawatts by 2035.
  • Widespread Adoption: From small enterprises to large corporations, UK businesses are increasingly harnessing solar power. This surge is not only due to the financial benefits of reduced energy costs but also aligns with the UK’s Carbon Commitment, compelling large businesses to minimise their carbon footprint.

Financial Incentives and Cost Reduction

  • Dramatic Cost Decline: According to new research, the cost of solar panels has plummeted by as much as 90% over the past decade. Taking it towards a critical level, that will make fossil fuel-generated power no longer commercially viable. This reduction is a result of global-scale manufacturing, local government incentives, and technological efficiencies.
  • Government Support: New incentives like the Smart Export Guarantee (SEG) are encouraging businesses to adopt solar power. Financial payments to those exporting unused electricity back into the national grid are starting to pay off, with commercial and industrial rooftops generating around 2 gigawatts of electricity.    

Environmental Impact and Sustainability

Carbon Footprint Reduction

  • Green Energy Generation: Solar panels produce clean, green energy, significantly reducing the reliance on fossil fuels. Each kilowatt-hour of solar-generated electricity can reduce approximately twelve times the amount of CO2 emissions created by using gas. This translates into a considerable reduction in the carbon footprint over a system’s lifetime.

Contributing to Climate Change Mitigation

  • Long-Term Benefits: Switching to solar power allows businesses to play a crucial role in combating climate change. By reducing greenhouse gas emissions during operation, solar power helps mitigate environmental impact.

Economic and Job Market Boost

A Positive Ripple Effect

  • Job Creation: The expansion of the solar market in the UK has positively influenced employment. Jobs in installation, maintenance, sales, and manufacturing have seen an increase, forming part of the ‘green jobs’ wave that the UK government is keen to support. This is part of the broader ‘green industrial revolution’ initiative.

Increasing Property Values

  • Enhanced Asset Value: Investment in solar PV can significantly increase property values. A Department of Energy and Climate Change study found residential homes with solar panels commanded a higher sales price than those without, a trend likely mirrored in commercial properties.

So, Why Aren’t More Businesses Going Solar?

Here’s the million-pound question: if solar power is such a brilliant idea, why isn’t every business on board? The truth is that change can be daunting. The initial cost, despite the long-term savings, can be a hurdle. Installing a solar power system requires a significant upfront investment, which can be a deterrent for many businesses.

But wait, there’s a ray of hope in the form of Power Purchase Agreements (PPAs). A PPA is a financial arrangement where a third-party developer owns, operates, and maintains the solar energy system, and a business agrees to place the system on its property and purchase the electricity produced for a predetermined period. This arrangement means:

  • No Upfront Costs: Your business can enjoy the benefits of solar power without the burden of hefty initial expenses.
  • Fixed Electricity Rates: PPAs offer a fixed guaranteed rate for the electricity generated for the duration of the agreement, shielding your business from volatile energy prices.
  • No Maintenance Worries: Since the developer is responsible for the system’s upkeep, your business doesn’t have to fret about maintenance.

PPAs have opened the door to solar power for countless businesses that were previously put off by the cost. It’s a game-changer, turning the dream of going solar into an attainable reality.

Solar Energy Solutions: Powering the Future of Business

In the dynamic world of a renewable energy provider, businesses are increasingly turning to a range of innovative solutions to enhance efficiency, reduce costs, and bolster their sustainability credentials. Let’s explore some of the key components of this green revolution: Solar Rooftops, Battery StorageVoltage Optimisation, Combined Heat & Power Systems and Renewable Energy Providers. Each of these elements plays a vital role in the eco-friendly transformation of businesses.

Solar Rooftops: Harnessing the Sun’s Limitless Power

  • Direct Energy Generation: Solar rooftops are the frontline warriors in the battle for a greener future. Rooftop solar PV has almost universal public support. By installing photovoltaic panels on their rooftops, businesses can directly harness solar energy, reducing reliance on traditional power sources.
  • Customisable and Scalable: These systems can be tailored to fit various roof sizes and shapes, ensuring that businesses of all scales can capitalise on solar energy.

Battery Storage: The Powerhouse of Flexibility

  • Energy on Demand: One of the main benefits of battery storage systems, is it allows you to draw electricity from the national grid at off peak times at reduced rates’ store it’ and re-use during peak times, saving your business money.
  • Cost-Efficient Energy Management: You can operate Battery Storage in conjunction with solar PV; you can capture the energy from your solar system when you are not using all of the electricity that the system produces (business is closed) and store the energy in your batteries to use when demand is high. Businesses can significantly reduce their electricity bills by using stored energy during peak tariff times.

Voltage Optimisation: Fine-Tuning Energy Use

  • Enhanced Energy Efficiency: Voltage optimisation devices adjust the incoming power supply to an optimal level for the business premises, typically from 242 volts down to 220 volts for each line phase, which is all you need to operate your electrical equipment and machinery efficiently. This process reduces energy waste, saves money on your energy bills, and extends the lifespan of electrical equipment.
  • Reduced Carbon Footprint: These systems contribute to lower carbon emissions by optimising power usage and aligning with environmental goals.

Combined Heat and Power (CHP): Dual-Purpose Efficiency

  • Simultaneous Generation: CHP units generate electricity and capture the usable heat produced in this process. This dual functionality makes them a highly efficient energy solution.
  • Lower Energy Costs and Emissions: CHP can significantly cut energy costs and reduce greenhouse gas emissions, making it a smart choice for eco-conscious businesses.

Renewable Energy Providers: The Green Energy Facilitators

  • Sourcing Clean Energy: For businesses unable to install their own solar solutions, partnering with renewable energy providers is a viable alternative. These providers supply electricity generated from renewable sources.
  • Supporting the Green Economy: By choosing renewable energy providers, businesses contribute to the growth of the green energy sector, promoting wider adoption of sustainable practices.

The Road to Solar Power: A Step-by-Step Guide

1 – Initial Assessment

  • Every journey begins with a first step. Here, it’s all about understanding your specific needs. How does your business use electricity? What’s the layout and orientation of your rooftops? This stage tailors the solar solution to your unique scenario.

2 – Tailored Recommendations

  • Armed with data from your current energy supplier, experts analyse your energy consumption patterns. This leads to a customised report detailing the size of the solar system needed, potential electricity savings, and the impact on your carbon footprint. It’s not just about installing panels; it’s about optimising your energy use, including considering voltage optimisation and battery storage systems.

3 – Seamless Installation

  • Transitioning to solar is made as smooth as possible. A team of seasoned professionals takes charge of everything – from permissions to picking the right equipment and integrating the system with your existing infrastructure. This ensures minimal disruption to your business during the installation phase.

4 – Monitoring & Maintenance

  • Once the system is up and running, it’s all about keeping things ticking over efficiently. State-of-the-art monitoring tools monitor performance, and the experts handle maintenance and any necessary tweaks. This ensures your setup continues to deliver top performance, maximising savings and sustainability.

5 – Enjoy the Benefits

  • Then comes the payoff. You’ll see a noticeable dip in energy bills and a boost in your sustainability credentials – a win-win for your finances and brand image. And with options like a 25-year Power Purchase Agreement (PPA), you’re looking at long-term gains. Plus, the flexibility to adapt to changing business needs is always on the table.

Conclusion

In summary, the adoption of solar power by UK businesses is more than a wise economic decision; it’s a bold statement of their role in shaping a cleaner, greener, and more sustainable future. As we move further into 2024 and beyond, businesses harnessing the power of the sun are not just riding the wave of change – they are leading it. The future is undoubtedly bright, and it is solar-powered. Contact Us today to find out more!