“I think it’s possible for ordinary people to choose to be extraordinary. One way to do that is through the adoption of sustainable energy solutions like solar power.”
If we closely examine this statement from one of his own kind of intelligence, Elon Musk, we can conclude that how one single bold decision makes an ordinary business into a market giant.
This is the case with Solar power, which has increasingly been adopted by every size of business, seeing the benefits and values this energy puts to your business.
Installing solar panels on commercial property brings several benefits for business in the UK, from reducing electricity price to brands value and environmental benefits.
Keeping in mind the business energy demand and ample solar power for energy production in UK, solar energy for commercial business can bring more than just cost reduction. The following writing will highlight the benefits your business can have.
| Note: Did you know that businesses can save up to 70% on their energy bills with professional solar panel installations? |
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Benefits of Solar Energy for Business in UK
Recent Studies have shown that 50 percent of UK based businesses are planning to switch to solar energy to keep their business operational at a lower cost. It’s no surprise when we consider the benefits this source of energy brings for commercial entities.
So, what are those benefits that make the solar energy an essential part of ever business and what it entails with it? lets try to find out together.
Significant Cost Savings
One of the most important advantages of having solar panels for your business operation is, it can reduce your electricity cost by up to 70%. And you must be thinking how is it possible. Think when your business runs during the daytime when the sun is out to produce the ample electricity for your to meet your requirements.
And everyone knowns, for business Electricity cost is the real headache, particualry for business in manufacturing and production houses related business.
Contrary to the traditional electricity, solar panels roughly cost you the third of the grid tied electricity.
For instance, let’s understand the case study that has revealed that a solar system with an initial cost of £15,281 had a lifetime output valued at £50,937 which resulted in a profit of £35,656 and an ROI of approximately 233.09% Such savings shows that you can free up capital for other investments and business growth initiatives.
Predictable Energy Costs
Another benefit of solar energy is that you will never see fluctuation in the prices these panels will cost you for producing electricity to keep your operational running. Because Solar energy will always cost you a stable and predictable cost.
But when se look onto the other hand, Traditional energy sources are subject to market fluctuations and price volatility that make it challenging for businesses to budget for energy expenses.
And what is more interesting fact is that the panels last more than 25 years, mean you will have atleast 70% off your energy cost for next more than 2 decades. businesses can also achieve financial stability and reduce the risk associated with fluctuating energy prices. This predictability can be particularly beneficial for businesses with energy-intensive operations.
Environmental Benefits
Seeing the damage climate change making to every sector across the world, UK Government has committed to achieve zero carbon till 2030 to play their part in protecting the environment. And businesses contribution to such agenda means too much.
For business to contribute to this goal is to generate energy through renewable energy source, and for business, Solar PV system is most easily accessible as well as affordable.
Above all Because adopting solar energy helps businesses significantly reduce their carbon footprint and environmental impact.
Business often emit more carbon emission due to higher energy consumption, so businesses can play a crucial role in combating climate change and promoting environmental sustainability.
For instance, think about a solar energy system for business that can offset several tons of CO2 emissions each year, contributing to a cleaner and healthier environment.
Enhanced Corporate Image and Social Responsibility
Another valuable benefit of solar energy for business is that solar energy for business enhances a company’s reputation and demonstrates a commitment to corporate social responsibility (CSR).
It has been observed that consumers, investors, and partners get more attracted toward brands that generate electricity through renewable sources.
A strong commitment to CSR can differentiate a business from its competitors and enhance its brand image. For example, companies that invest in renewable energy often see an improvement in customer loyalty and brand perception, as they are perceived as doing their part to protect the environment.
Increased Property Value
What if you see that, with a little investment, you have increased your property value? This happens when you switch your business to solar power because it can also increase the value of commercial properties.
In case you plan to sell them in the future, studies show that properties with solar energy systems get up to 4% more money than other properties. This increase in property value can be particularly advantageous for businesses that own their facilities.
