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Given the rising electricity prices nationally, commercial solar power has never been a more attractive solution for businesses. Commercial solar provides a proven, straight-forward and reliable solution to energy costs. With long term warranties and solid state equipment your business can benefit in ongoing savings with minimal ongoing costs and maintenance. At Todae Solar, our aim is to assist your organisation to achieve the greatest benefit from solar which can be re-invested into strategic business initiatives.
Since 2003, we’ve helped hundreds of organisations take advantage of the financial benefits of solar. We make the process simple with our end-to-end approach and will provide you with a detailed and easy to understand business case, which features a year-on-year breakdown of estimated savings. Below are some of the financial benefits of commercial solar:
There are numerous subsidies and rebates available for businesses around the country:
Solar Rebate – STC’s and LGC’s
Under the Federal Governments Renewable Energy Target scheme, businesses can install solar systems that are heavily subsidised. Depending on your location and the system installed, this can potentially cover over 50% of the cost of the system. The scheme is separated into two sectors – Small-Scale (under 100kW installations) and Large-Scale (over 100kW installations).
Small-Scale installations are eligible for Small-scale Technology Certificates (STC’s) which provide an upfront discount on the cost of a system, to significantly improve the ROI. Todae Solar claims STC’s on your behalf – STC’s can cover up to 50% of the system cost to a value of over $70,000.
Large-scale installations are eligible for Large-scale Generation Certificates (LGC’s) which are provided to businesses on an ongoing basis until 2030. Each year, Todae Solar will create, register and sell LGC’s on your behalf – to provide your business with an ongoing revenue stream from solar. The Net Present Value of these LGC’s over the lifetime of the system may cover up to 60% of the upfront cost.
Your organisation may be eligible for a grant for the installation of commercial solar on your premises. Grants are potentially available from some Government bodies (State or Local Councils) depending on your location and industry. Get in contact with us to find out if your organisation is eligible for an additional grant.
Some councils provide Environmental Upgrade Agreements, which allow tenants to take advantage of solar. These tri-party agreements offer an easy solution for both renters and landlords. Todae Solar can advise if your business is eligible for an EUA.