Is solar energy suitable for my business? Businesses, both large and small, are exploring the feasibility of incorporating solar energy into their operations. Continual load shedding throughout 2023, has forced many businesses to seek alternative energy sources in order to keep operations stable. With the warmer months on our doorstep in the Southern Hemisphere, now would be a good time to explore and answer the question, ‘Is solar energy suitable for my business?’
InPower experts have taken the guesswork out of any questions that may arise when thinking about solar energy for your business, including;
- Is my business in a good location with ample sunlight for solar energy production?
- Does my business have a well-suited rooftop/space, that can accommodate solar panels?
- Is the majority of my business’s energy consumption concentrated during daylight hours, aligning with the optimal generation period of solar energy?
- Do I rely on other sources of energy to sustain operations during load shedding due to a lack of consistent access to the grid?
CHECK YOUR POWER CONSUMPTION
Top of mind when considering ‘Is solar energy suitable for my business?’ is power consumption. The nature of the business will determine the viability of solar energy integration. It is important to understand the energy demands of the business. For example, manufacturing or data centres, will have a higher energy demand, which will make solar energy a potentially lucrative investment. Businesses with fluctuating energy needs, such as retail stores, may benefit from the flexibility and cost savings that come as an added benefit of solar power.
BUILDING ORIENTATION AND ROOFTOP QUALITY
The businesses building orientation is one of the most important considerations when asking, ‘Is solar energy suitable for my business?’. Solar panels require ample space. For commercial and industrial businesses, rooftop solar is often the most cost-effective solution. The quality of the building’s roof will also determine the amount of solar panels able to be fitted to the structure.
In the Southern Hemisphere, north-facing structures will capture the maximum sunlight available, even on overcast days. This will maximise the efficiency of the solar panels.
POWER REQUIREMENTS OF SOLAR FOR YOUR BUSINESS
Taking a thorough audit of the energy needs of the business is crucial. Consumption patterns and power requirements will help in the transition to solar energy. In knowing this information, you will be able to take control of your energy usage, potentially even reducing the amount of energy consumed by the business. This analysis will also guide you in selecting the appropriate solar panel capacity to meet the needs of your business. If an existing alternative power source already exists, you may opt for a partial solar system installation. This can provide a more balanced and sustainable energy combination.
In the Southern Hemisphere, north-facing structures will capture the maximum sunlight available, even on overcast days. This will maximise the efficiency of the solar panels.
THE INCREASING AFFORDABILITY OF SOLAR ENERGY
For any business, the affordability of an additional energy source needs to be investigated. The increase in the demand for solar energy and the resulting financial and environmental benefits cannot be overlooked. Advances in solar technology and decreasing equipment costs have made solar energy more affordable for businesses. Although this is a pro of a solar energy installation for your business, installation costs, government incentives, and ongoing maintenance expenses should all be considered and might be barries for smaller businesses.
Fortunately, various financial incentives, such as InPower’s Commercial Solar Finance solution and tax breaks are available, making the transition to solar an economically sound decision in the long run.
In the Southern Hemisphere, north-facing structures will capture the maximum sunlight available, even on overcast days. This will maximise the efficiency of the solar panels.
ROI AND SOLAR ENERGY
‘What about the Return on Investment?’ This is the question many businesses ponder over when considering a solar energy system. Embracing solar power showcases the business as forward-thinking and technologically advanced. This can appeal to investors, employees and customers. Additionally, the business will become energy independent, reducing the reliance on the grid and other external sources, resulting in energy security and electricity cost savings.
There can be no doubt that solar panels are a good investment for any business. Embracing solar energy is more than a technological shift; it’s a strategic move towards a greener and more sustainable future for your business. The long-term reliability of solar panels, with a lifespan of 25 – 30 years, low maintenance and financial benefits translates into an energy source that may never expire. Contact an InPower Solar Energy specialist to answer the question, ‘Is solar energy suitable for my business?’
