LOWER BILLS, LOWER EMISSIONS
SOLAR ENERGY FOR BUSINESS GROWTH
As a business you will be continuously seeking ways to deliver efficiencies, and a solar PV system is an excellent way to do just that. A Solar PV installation is an excellent way of making use of the dead rooftop space while generating free solar energy to power your business.
A commercial solar panel system can generate 390 watts per 1.6m2 of roof space, so the potential is significant, whilst ensuring a secure energy supply for the future.
In addition, the Accelerated Capital Allowance (ACA) on solar panel investments gives you 12.5% of your investment back as corporation tax savings, which give you all of the tax benefits upfront. Alternatively, the Wear and Tear Allowance provides the same saving, but spread out over 8 years.
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Cost Savings
Solar panels generate free, green electricity during daytime hours that can be used on site, lowering your business demand for energy from the grid and potentially saving thousands of euro’s each year on energy bills.
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Financial Stability
With energy prices rising sharply rising, commercial solar PV panels allow businesses to effectively advance purchase their electricity at a set price, making financial forecasting so much easier.
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Low Risk Investment
Solar PV is a reliable and safe investment vehicle that provides returns exceeding those of traditional low risk financial products.
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Solar Income
Ideally you would use all the solar power onsite, however any surplus power can be sold to the grid, providing you an even greater return on investment.
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Energy Security
With the grid currently struggling to generate significant electricity supply to meet Ireland’s growing energy demands, independent solar PV installations provide businesses with an excellent opportunity to secure their energy supply into the future.
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Reduce Carbon Footprint
Generating your own solar energy will significantly reduce your carbon footprint, increase your company’s sustainable credentials and improve your business reputation.