What is the initial cost of installing solar panels for businesses?

The cost varies dependent on the size and nature of the system. Financial options with no upfront cost are available.
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Last updated
June 25, 2024
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The cost of a commercial solar panel system depends on the size of the installation, the type of panels, and the complexity of the setup. While the initial investment may be significant, government incentives, tax benefits, and substantial savings on electricity bills can make it a cost-effective solution over time.

Not to mention the other financial routes that are available to commercial customers. Such as Hire Purchase and PPA (Power Purchase Agreements).

With these financial models, you can save from the first month with no upfront payment. Either paying off your system over time or having a third party fund your system and purchasing the electricity generated by the system at a significantly cheaper rate.

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Can a business go off-grid with solar and battery storage?
Yes, but this is an atypical arrangement and would require a large battery system and relatively small energy needs.
FAQ
Battery storage
How long do commercial solar batteries last?
Solar batteries typically last 10-15 years.
FAQ
Battery storage
What is a commercial solar battery?
A solar battery stores excess energy generated by commercial solar panels.
FAQ
Battery storage
Will solar panels increase the value of commercial property?
Yes, solar panels can increase property value given that they are installed with a forward thinking outlook.
FAQ
Can a business expand its existing solar panel system?
Yes, a commercial solar system can be expanded.
FAQ
Solar
Do commercial solar panels require maintenance?
Minimal maintenance is required but periodic checks and testing is highly recommended, if not mandatory to uphold some warranties.
FAQ
Solar
How much space is needed for commercial solar panels?
It depends on the energy needs and nature of the space, whether there is shading and other factors.
FAQ
Solar
Can commercial solar panels work on cloudy days?
Yes, but their efficiency is reduced.
FAQ
Solar
What is the initial cost of installing solar panels for businesses?
The cost varies dependent on the size and nature of the system. Financial options with no upfront cost are available.
FAQ
Solar
How long do commercial solar panels last?
Commercial solar panels typically last 25-30 years.
FAQ
Solar
How do solar panels work for commercial applications?
Solar panels convert sunlight into electricity using photovoltaic cells, suitable for commercial energy needs.
FAQ
Solar
What are the benefits of solar energy for businesses?
Solar energy reduces operational costs, enhances sustainability, and offers long-term financial savings.
FAQ
Solar
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We can give you extensive projections on various commercial solar options with some basic usage data and a video call.

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We have made enormous savings on our costs. We now make a 6 figure income on the energy generated by our system.

Robert Moss

Managing Director

Moss Electrical

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Sustain's ongoing support has been amazing. They've delivered on all projects in a timely manner and caused minimal disruption to our tenants.

Javed Sattar

Portfolio Manager

Custodian Capital

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