Solar Photovoltaic Installations; The advantages and disadvantages thereof
When it comes to making your business money, saving money can sometimes be the best route to larger profits. The cost of production can often be a business’s main outgoing (beyond its wage bills) and as such getting a handle on just what your business is spending; specifically on its power and electricity can yield great rewards on the balance sheet…
As renewable energy and having a green company image can increase profits and the quest also forms part of many business and commercial companies Corporate and Social Responsibility policies and more so that ever before companies are turning to renewable energy sources and installing renewable energy systems, even managing their current commercial output as a means of quickly and easily save money in the long run. Installing solar, wind, biomass or hydro has benefits for every Eco-friendly business and can help reduce carbon footprints and maintain record lows. Although the initial expense has previously been offset with the Governments Feed In Tariff; as times change and the current tariff closes companies must look for new ways to offset the finance of such an installation where at present large energy consumers are by far the ones best placed to take advantage through cost savings and as a way of securing further reliable power sources.
What makes solar so appealing to businesses?
Solar power has been to date one of the most adopted forms of renewable energy by businesses and what with the future of energy prices here in the UK being debated at an EU level and in parliament it is clear to see that sustainable electricity and power are on everyone’s minds.