Top Five Tips for Purchasing Solar PV Systems for Businesses
In the past decade, through the use of photovoltaic (PV) technology, solar PV systems have rapidly become one of the most cost-effective green energy systems in Australia.
By generating power through the conversion of energy absorbed from sunlight, these devices don’t just reduce a property’s carbon footprint but also cut down on electricity costs – a huge incentive for forward-thinking businesses.
Our blog this week looks into some important tips businesses should follow before investing in solar PV systems. Keep scrolling for more on how to make the best decision for your company today!
Understand your company’s energy consumption before choosing solar PV systems
Before jumping into the investment process, businesses first need to take stock of their electricity consumption. By doing so, companies can determine the viability of going solar as well as pick the right-sized panels. To no one’s surprise, the greater the usage, the bigger your panels ought to be if you’re serious about making real energy savings.
In this process, keep in mind any potential expansion your business might undertake in the near future.
Apart from this, it is also pertinent to consider secondary factors that will help you make the right decision in this process. Here, your roof size and budget are also important considerations as well.
Understand your electricity tariffs and how these might change
Another important factor to look into is the effect of electricity tariffs and how these will work once you have a solar PV system in place.
Tariffs represent the sum of money charged for the provision of electricity under your energy contract, which includes both fixed and variable charges. Through the installation of solar panels, you can expect your energy costs to reduce, as most of your electricity will thereafter be generated through a freely available and renewable source of energy. Additionally, there are several rebates and tax incentives that organizations leveraging solar PV systems are eligible for.
Find a reliable solar PV retailer
In your preparation process, this aspect is crucial. While you comb through potential solar companies, check whether the company has signed onto the CEC Solar PV Retailer Code of Conduct and ensure they only use CEC-accredited installers with experience in commercial systems. This is critical to the design and installation of your system.
Remember that ultimately, the key to making the most of your solar PV system is through the purchase of world-class technology and a faultless installation process. Don’t be hasty; choose a service provider that is trusted, reliable, and is experienced in what they do!
Do your research on everything solar PV – products, warranties, and guarantees
There are multiple products in the market today that will seem like a good fit for your business. Before making a decision, however, make sure you’ve done all the necessary research. This includes looking into warranties and guarantees.
Solar PV systems usually come with two warranty schemes – performance and equipment guarantees. The former usually guarantees 90% of production at 10 years and 80% at 25 years. Equipment warranties will generally guarantee a solid 10-12 year performance without any failure. EarthSave warranties, for example, are considered some of the best in the market.
Additional guarantees include those covering workmanship and other related areas. Inquire about each of these before you decide on a final product.
Communicate with your electricity distributor to understand grid connection requirements
Connection to the grid should be discussed with your distributor early on in this process. By making them aware of your solar project, you and your installer can be provided with information on any technical requirements you might have to comply with from the outset.
Opting for a solar PV system is one of the best business decisions you can make. Before you make your purchase, however, several important points need to be kept in mind.
By following our tips set out above, ensure you make the best solar decisions, for a better business and a better tomorrow.