Why Businesses Are Choosing Solar Energy

By Venture Installations

Solar PV is now the cheapest source of electricity in the UK. Businesses across the country are switching to solar to secure their future and make a sustainable choice. Solar panels not only help the environment, but all offer you energy freedom allowing you to choose where your energy comes from. Companies can see savings on their energy bills of up to 40%. Venture Installations assists businesses of all sizes in their switch to solar power. We help you from initial planning and obtaining funding to complete installations.

How Solar Panels Work

Solar Panels known as PV or Photovoltaic Panels generate energy from absorbing sunlight, even when the skies are grey or cloudy the natural light will be absorbed and converted into power. All power absorbed will create DC (Direct Current) Electricity an invertor is installed to turn it into AC (Alternating Current) Electricity, ideal for your business. Any excess energy created is stored using solar storage systems, this excess energy can then be used whenever your business needs it or sold back to the national gird.

How Solar Power Helps Your Business

Reduce Your Energy Bills

Many businesses can see savings on there energy bills of upto 40%. After a 5–6-year period your energy savings will mean that your solar panels would have almost paid for themselves. Switching to solar will help secure your businesses future for the next 30 years.

Become Energy Self Sufficient

Creating your own energy means you will become much less reliant on energy from the national grid. As you will not be solely reliant on it you can pick and choose when you use your energy such as in high tariff periods. Having your own stored energy also means you will have a back-up power option protecting you if power outages occur.

Improve Your Companies Reputation

Consumers are much more vigilant about which companies they choose for their services. With more people in the UK now concerned about climate change many prefer to use sustainable businesses. Solar power is a green energy source allowing you to promote yourself as a climate responsible business doing your part to help the environment. Climate conscious clients will be mor eager to use your business if they know you are making sustainable energy choices.

Make Revenue from Your Excess Energy

Once your solar storage systems are at maximum capacity any excess energy created can be sold back to the national grid. This offers you a new revenue source for your business and help ensure that no energy that you create is going to waste.

Government Backed Incentives for Your Switch

There are now many government backed incentives to add to the benefit of switching to solar power.

Smart Export Guarantee

The Smart Export Guarantee (SEG) is a government backed scheme in which you can sell your excess energy back to the national grid once you are at capacity. While prices may vary depending on need and location you can begin to gain a consistent passive income from your solar energy. – Learn More

Enhanced Capital Allowances

Enhanced Capital Allowances (ECA). The government will allow you to deduct the cost of your energy systems from your annual profits. If you are investing in solar energy storage, then further tax savings are possible. Learn More

Climate Change Agreements

Receive savings on the climate change levy thanks to the Climate Change Agreements (CCA). You can receive discounts on your energy use thanks to your creation of green energy and lowering your carbon emissions. Learn More

Will I Need Planning Permission For my Solar Panels?

More often than not commercial businesses will not require planning permission for a solar installation as it fits within your permitted development rights. However, planning may be required for certain building types or if the shape or size of the roof is being altered.

Are Solar Panels Tax Deductible?

Yes, you will pay less tax if you invest in solar panels for your business in the first year of your investment. You could save up to 50% of your solar panel investment discounted from your corporation tax. We always recommend consulting with your accountant when it comes to tax savings from solar panel investment.

What Do I Save With Solar Panels?

By investing in solar panels many companies will see a large percentage of their energy bills reduced, with some seeing bills reduced by as much as 40%.

An Example of Savings –

Investment for the system – £100,000

Energy bills reduced from – £10,000 to £5,000

After 20 Months the system would of paid for itself through energy savings.

Moving forward the company is now £5000 better off a month.

*Please note these are example figures prices and savings will vary dependent on the company.