The best way to bring down the ongoing cost of your electricity is to generate your own and distribute it around your building. This makes you more independent from utility companies and their ever-increasing energy prices. Generating your own electricity from a renewable source such as Solar PV also gives you the added benefit of reducing your Carbon footprint and increasing your Corporate Social Responsibility.
Environmental credentials are an increasing concern for businesses as more and more companies are considering not just their own environmental impact but also that of the companies within their supply chain. Having Solar PV installed is a definite good news story that should be broadcast on social media channels. With the monitoring now available with Solar PV why not have a screen in your reception detailing how much energy you have generated and how much Carbon you have saved. Currently, there are tax benefits for installing Solar PV and grants may also be available to help towards the cost.
By not using electricity generated from fossil fuel sources, you will be directly helping the planet by lowering the carbon footprint of your business/home. Using renewable energy sources to power our everyday lives means less pollution in the atmosphere and helps move us towards a lower-carbon future.
With many businesses striving to decarbonise or achieve ‘Net Zero Carbon’ status, installing a PV system is a very simple way of working towards this goal, while saving your business money as well.
Here are some advantages and disadvantages of Solar PV.
Advantages:
- Tax benefits.
- Increase CSR.
- An investment giving a return over time.
- Non-intrusive – make use of the unused space on your roof or carpark.
- Low maintenance.
- Increase CSR.
- An investment giving a return over time.
- Non-intrusive – make use of the unused space on your roof or carpark.
- Low maintenance.
Disadvantages:
- Need sufficient space on roof, car park or grounds.
- Need permission from building owner.
- The initial outlay can be high.
- Business rates may increase.