How Solar Power can Help Solve one of Business’ Biggest Challenges

A recent report from nPower Business Solutions (nBS) found that energy prices are now the single biggest source of concern for businesses. In a survey of 200 large companies, published as part of the Business Energy Tracker report, 77% ranked energy costs as their single biggest concern, and 90% of firms predicted their energy costs will increase over the next 12 months. Additionally, 8 out of 10 firms reported that energy has been elevated to a board-level issue for them.

Many businesses are taking a proactive approach to the situation, with more than half responding that sustainability measures such as energy management and efficiency are their single most important investment priority over the coming year. But how can businesses use their investments to shield themselves from the present surge in energy prices?

Solar Photovoltaic (PV) technology has emerged as one of the leading investment opportunities for firms seeking to tackle high energy prices, for three key reasons:

  • Affordability – solar panel costs have fallen by 60% since 2010, and payback times on commercial projects can be as low as 5 years.
  • Reliability – solar generates electricity all year round, and with excellent historical data on light levels across the UK, it is possible to produce extremely accurate forecasts of annual power generation.
  • Speed of deployment – systems can be delivered in less than 12 months from conception to commission, giving businesses a quick way to reduce their energy bills and carbon emissions.

 

Plus, there are naturally the proven environmental benefits – as solar power is zero-carbon at the point of use, firms have an opportunity to directly reduce their carbon emissions while also saving on their energy bills.

Firms considering making the move to solar PV should ensure they have clarity on some important considerations prior to progressing with an installation:

  • Solar PV systems can be optimized to deliver the highest financial return possible, the highest unit price for electricity and the greatest environmental impact – firms should be clear on their priorities for any installation before progressing.
  • Location – where will the panels be sited, and will this affect any planned future capital works?
  • Timing of energy availability – if power resources are needed outside daylight hours, the system will require an energy storage component, and potentially a larger overall solar array to maximise on-site generation.
  • An understanding of the future energy requirements of the business – progress towards net zero is placing an additional emphasis on the electrification of heating and transport, and firms should decide to what extent they need their installation to meet future needs.
 

The first step for any business seeking to undertake a commercial scale solar project is to contact a Solar Energy UK-registered installer, such as Herefordshire-based Caplor Energy. They will work to understand the needs of the business, assess the proposed site, produce a scope of works and manage the installation through to completion – this can often to carried out without disruption to normal operations. When looking to contact a commercial installer, look for membership of Solar Energy UK, the UK trade association and look for solar manufacturer approvals and certification, and MCS, the UK’s certifying body for low-carbon energy technologies and contractors.

Contact Us

We’d love to hear from you, please use the form below to get in touch: