Businesses across the UK are becoming increasingly aware of the importance of renewable energy and operating in a more sustainable way. In 2019, 40% of electricity generated in the UK was from renewables. While solar still represents a smaller percentage than wind or biomass, it has actually shown far more relative growth in the UK over the last few years. In fact, the UK’s solar capacity increased by an incredible 58% in 2019, making it now the third biggest in Europe.
Here, we are going to look at some of the ways that commercial solar installation companies like Atlantic Renewables can help bring a wide range of benefits to your business in 2020. Keep reading to find out more …
Perhaps the biggest and certainly most obvious benefit is the considerable financial savings. While businesses with large energy requirements like those in production, distribution or agriculture are going to save the most, business of almost any type and size can expect to benefit. Solar PV systems output energy 2-3 times cheaper than the current rates for grid-supplied electricity, representing savings that can easily offset the solar installation costs and provide a solid return on investment over time.
When you generate more solar energy than you need to use, you can sell it back and make a profit. This used to be done using the Feed in Tariff, but this scheme officially ended last year. However, the new Smart Export Guarantee came into effect on 1st January 2020 and actually promises to have some advantages over the old system. Instead of a fixed rate set by the government, the new Smart Export Guarantee could create a whole new market that encourages competitive bidding from suppliers and thus provides businesses with the best market prices. In order to benefit from the scheme, you must have an MCS-certified installation from a reputable commercial solar installation company such as Atlantic Renewables.
Energy prices from the major energy suppliers in the UK are expected to double over the next 10 years, having already increased 5-10% a year for the past 3 years. As you can expect no such increase with the electricity generated by your commercial solar system, you can enjoy greater financial stability as well as being able to do more accurate long-term financial planning for your business as a result.
Your corporate identity has never been more important, and installing solar systems can contribute to improving it by demonstrating that your organisation is concerned about sustainability. These days, consumers and other organisation are more likely to support and engage with environmentally-conscious businesses. And as more and more people are keen to work for companies promoting positive ideas and values, using renewable energy could even aid you during recruitment, as well having a positive impact on the way your existing staff feel about the business.
Movements like Extinction Rebellion are campaigning for big businesses to operate in a more sustainable way and public awareness of environmental concerns is at an all-time high. By going solar, you can positively enhance your corporate identity and thus the way people engage with your business.
Of course, it’s not just about appearances and perception; by going solar you can genuinely help to make a positive difference to our environment by reducing your carbon footprint. The massive increase in CO2 levels from human activity in the last 250 years continues to cause global warming and so reducing CO2 can help slow this process and even prevent premature deaths. A 30 kW solar PV system can reduce a business’ CO2 emissions by an incredible 16 tonnes each year.
As we’ve seen in this article, solar has many benefits for your business, and at Atlantic Renewables, we strive to provide your business with fully-tailored solutions. Many business owners don’t realise just how adaptable solar energy units can be, and whether you have a flat roof or operate from an industrial unit, we can help create the perfect solution.
If you’d like to invest in commercial solar panels for your business, then be sure to get in touch with the team at Atlantic Renewables today. As well as seeing big savings and greater financial stability, you can improve corporate identity, promote positive attitudes, and reduce your carbon footprint all at once.