Solar power has become one of the most efficient and environmentally-friendly means of energy and is being used widely in Australia in the commercial setting. Recent technology improvements have meant lower overall costs of installing permanent solar panels, which has made this a viable investment opportunity for many commercial businesses. Providers offer custom designs and engineering, installing solar panels on commercial premises’ and ensuring consistent, long-term energy savings. In some cases, there is no upfront cost or capital required. If you’re seriously considering such an investment, remember to consider the following:
1. The more quotes, the better
This is true of just about every trades service, but given that this is a relatively new industry with many service providers that are still finding their place in the market, there is quite a spread of prices. It pays to shop around when looking at commercial solar systems; just make sure you’re comparing apples with apples, as they differ greatly in terms of quality and after-sales service (i.e. maintenance).
2. The solar rebate is your friend
The government’s solar rebates are aimed at rewarding those that invest in solar energy alternatives, providing a great incentive to do so and ultimately reducing the end-cost. The federal government’s solar credits rebate is open to individuals, businesses and community groups, and is based on the idea of small-scale technology certificates, which are issued for every 1 MWh of electricity saved.
Read up on the details of the rebate program as it can be quite complicated. If you have difficulty understanding it, your chosen provider should be able to clear up any confusion.
3. Your provider needs to hold up their end of the bargain
There are certain requirements on the part of solar service providers to ensure your system is kept in relatively good working order and is under warranty. Generally, having a professional check out the system every 5 years is sufficient – so don’t agree to paying extra for annual checkups when you sign the contract. You should make sure all parts, service and workmanship is under warranty and guaranteed for a considerable amount of time, usually 15-20 years.
4. The type of roof of the premises can impact the cost
There is a misconception that if the building is shaded or not facing in the right direction, solar panels don’t work, but this doesn’t make a huge difference. However, the roof type will have a factor on the cost of installation. Placing panels on tiled roofs for instance can be 10-20% more expensive than plain asphalt roofs for instance, because of the care and time that is needed to properly attach them. So keep this in mind when you are being quoted.
5. Covering your investment is a smart move
Once your solar system is installed, contacting your insurance company and increasing your policy is well worthwhile. This ensures you solar panels will be covered by the insurance should there by a fire or some other damage caused to them.
With the many advantages in terms of cost-savings and the impact on the environment, there has never been a better time to invest in commercial solar power. Contact Cherry Energy Solutions today for more information.