Affordable, shorter payback periods and no capex required.
Solar for businesses has become much more affordable. New financing models – namely Solar Power Purchasing Agreements (PPAs) – have matured and are now viable for sites in areas affected by higher energy and network costs. Solar PPAs also make it possible for businesses to install a solar system without having to spend significant upfront costs.
Increased predictability, lower costs and financial benefits.
Australian businesses have been badly hit by a volatile energy market. The good news is that we predict that the market is about to stabilise, improving the predictability of energy costs. The bad news is that the market will stabilise at a high price point.
Businesses are turning to solar as the solution to both pain points. Living in a country where we know the sun will be shining on most days means that solar is a predictable and cheap source of energy.
Depending on the size of your solar array, your business could also generate Large Scale Generation Certificates (LGC) or Small scale Technology Certificates (STC), which can be traded for financial benefits.