Commercial Solar Benefits and Updates for WA Businesses
Are you a business owner in Perth or Western Australia looking to save on operating costs and reduce your carbon footprint? You’re not alone. As electricity prices continue to rise in Western Australia, more businesses are turning to renewable energy to enhance their savings and improve their sustainability targets. In this article, we’ll explore some of the benefits of solar power for WA businesses and how Amanda Energy, a leading electricity provider in Perth, can help you harness solar energy to your advantage.
Advantages of Solar Energy for Business
- Significantly reduce electricity costs
- Decrease greenhouse gas emissions
- Improves sustainability practices
- Improves NABERS rating for businesses that own their premises
- Generate long-term savings
Save Money on Power Bills for Your Business
One of the main advantages of solar power is saving money on power bills for your business. Electricity prices have risen dramatically recently, making solar an enticing option for businesses looking to reduce operating costs. By generating your own electricity with a solar PV system, you can reduce the reliance on electricity suppliers in Perth and save money on your power bills for your business.
Solar Subsidies & Assistance for Business
The Australian Government offers schemes and assistance programs to facilitate the transition to solar energy. The Small-scale Renewable Energy Scheme benefits small businesses that install solar PV systems under 100 kVA. For larger businesses, Large-Scale Generation Certificates (LGCs) are available for businesses wanting to install systems over 100kVA.
Amanda Energy actively assists WA businesses to buy and sell LGCs on their behalf to maximise their return on their solar PV investment and absorb the risk of fluctuating certificate prices. For even larger commercial and community projects, funding is available via ARENA. In 2023, ARENA supported 13 projects and committed to providing $41.5 million in funding in WA.
Quick Payback & Long-Term Savings
In most cases, an investment in solar energy can generate a quick payback and long-term savings. Most small businesses will recoup the cost of their solar investment in just a few short years. Your business can realise long-term savings on electricity power bills by reducing the reliance on the grid and generating your own electricity with a solar PV system. At Amanda Energy, our business energy experts can help you get set up with a commercial solar solution by performing a feasibility analysis. Contact us to get started today.
Reduce Your Carbon Footprint
By switching to solar energy, you can reduce your business’s carbon footprint, also known as a Corporate Carbon Footprint. A company’s carbon footprint is the total greenhouse gas emissions directly or indirectly caused by your organisation’s activities. While your investment may be purely for financial reasons, many customers care deeply about creating a greener and cleaner world for future generations. Therefore, demonstrating a commitment to sustainability can help you satisfy stakeholders, attract new customers and referrals, and generate future business opportunities. Also, business owners who own their premises will improve their NABERS ratings and increase the value of their commercial property by installing solar PV at their commercial property.
Maximise Electricity Savings with Solar Batteries
A business that consumes over 40% of its total energy use during off-peak hours could realise a significant reduction in electricity costs by installing a Battery Energy Storage System (BESS). The solar energy stored via BESS can be used to reduce capacity charges and off-peak consumption. This also helps reduce the reliance on the grid and could save your business even more money on power bills. As battery prices come down, all types of businesses are considering battery solutions. Contact Amanda Energy for a free analysis and see how much your business could save.
Important Updates on Commercial Solar for Your WA Business
Each year, the solar subsidy decreases until finally being phased out in 2030. Therefore, WA businesses have a limited window to install a commercial solar PV system and access STCs or LGCs to help offset the system cost. An important update for WA business owners looking to install solar is the export limit of 1.5kW for systems with an inverter capacity of more than 5kW.
This avoids excess solar electricity feeding back onto the grid and prevents grid instability. However, it also means business owners won’t benefit from the Distributed Energy Buyback Scheme due to the limited export of electricity. The good news is, BESS can store and utilise this excess electricity to help business owners save much more than the buyback scheme.
Amanda Energy offers commercial solar systems and BESS to help WA businesses take advantage of the many fantastic benefits of solar power. Our team of experts can help you design and install a commercial solar power system that meets your business’s energy needs and enables you to achieve your goals. Whether these goals are to save money or reduce your carbon footprint, we offer customised commercial solar solutions to meet and exceed them.
Choose from our range of commercial solar options, including solar power purchase agreements that offer no upfront costs for business. Or, if you own your business premises, turn your unused roof space into an income stream with a solar roof lease agreement. Take advantage of all the benefits of solar energy in Perth — contact our energy experts today to learn more about how we can help your business.