There are several reasons humanity is now steadily moving towards more sustainable sources of power. For one thing, we’re now more conscious of how much damage burning fossil fuel can be for our environment. More so, we’re also aware of how finite it is as a resource. More and more businesses are now tapping into an environmentally friendly source of energy. If you live in Queensland, here’s why you should think about hiring experts at Omega solar Gold Coast to help you make the transition.
Solar panels are highly affordable
Contrary to popular belief, solar panels are quite affordable. Due to the increased demand for solar panels over the last decade, the price has subsequently fallen. Plus, government policies encourage using solar panels, so you can still expect some further deduction on the cost of installing solar panels. So, if one of the reasons you’re reluctant to make the change in the price, then you can discard that right now and start looking for the best installation service around you.
Going green looks better for business
Businesses aren’t only switching to solar because of its direct advantages; there are also indirect advantages like improving your public image, helping you make more sales. Don’t forget that individuals are even now environmentally conscious and are taking their business to companies that align with their ideals. Switching to a more sustainable form of energy can help open the door to new and old patrons alike than seeing climate change as a pressing issue.
Solar power is cheaper
The cost of electricity in Australia has significantly increased over the last decade, making it account for more of the average business’s expenditure. Still, some people are discouraged from switching to solar power because they assume it’ll cost more when it can save you money. Apart from the upfront cost of installation, going solar is cheaper in the long run. It’s even an investment, seeing as most standard panels come with a twenty-five-year warranty. With the continued increase in electricity tariffs, it’s no surprise that more people are now searching for Brisbane solar.
Increase the value of your property
Home trends show that more and more people want more sustainable houses. It doesn’t only stop at homes, commercial buildings that run on solar energy are also selling fast, and as more people progress towards solar power, it’s not likely to slow down soon. Even if you plan on upgrading to a bigger building shortly, switching to solar energy can still be an investment. Your realtor will be able to sell your property much quicker and easier than if your property ran on regular electricity.
Deductible Tax credit and bonus depreciation
Individuals and businesses aren’t the only ones aware of climate change. The Australian government is very much in the know of the need for more sustainable power and supports companies making the shift. Did you know that making a transition to solar energy makes you eligible for Investment Tax Credit (ITC)? The ITC is a sort of federal tax credit you earn for using an environmentally friendly power source. You can even make bonus depreciation that significantly reduces the price of installing solar panels.
Increase your expendable income
Between labor, rent, materials, and electricity, you might find that the profit you have left to invest in other undertakings is rather tight. However, solar panels offer you a way out of that tough spot. They are now cheaper than ever to install, and they cost less in the long run, so you can be sure you’ll make some savings. Whatever you save from your electric bill each month can go into other parts of your business-like advertising and expansion. You can even afford to put aside more money for retirement.
Solar power is more reliable
Solar power is more reliable than more traditional sources of electricity for several reasons. Not only does it require less regular maintenance, but professional services provide more efficient monitoring than ever before. Now, new software can receive data in real-time from your panels and send feedback to your installer. In the unlikely event that your panel develops a fault before its warranty, your installer can be out to fix it before you even notice there’s a problem in the system.
It requires low maintenance
Solar power requires minimal maintenance throughout its lifespan. Often the only thing you have to do is wipe down the panels with a rag to get rid of dust that might block the light. A professional installer may also come to perform annual checks, but that’s all there is to it.
Not only is installing solar panels useful for your business, but it’s also great for the local installation companies around you. By contracting skilled workers to come and help you transition to solar power, you enable their own business and yours to grow. You also become part of the market looking for more sustainable energy, and that demand increases the opportunities for people to venture into creating more sustainable sources of generating electricity.
So, as you can see, there are several things solar can do for your business. If you’re convinced and ready to transition over to a cheaper, more reliable source of power, ensure you contact specialists within your locality. Finding the right service is essential to enjoying the full benefits of going solar.