Installing a solar photovoltaic (PV) system is an attractive solution that enables many organisations to save on their energy costs, but how do you know if it’s right for you? Here are some factors to consider.
Organisations across the country are looking for ways to reduce business-as-usual operating costs and achieve efficiencies to improve financial performance – and they are accomplishing this by taking control of their energy usage and associated costs. Energy is a good place to unlock financial advantage and create a differentiating strategy, as energy spend can comprise a large proportion of overhead.
One way that organisations are reducing their energy costs is by generating renewable energy on-site instead of consuming energy from the grid. Leveraging technologies that harness renewable energy not only helps with energy cost control, but sustainability efforts as well. Continued growth in adoption of renewable energy generation technologies like solar photovoltaic (PV) panels demonstrates the growing demand for clean, affordable electricity.
Over the past year (March 2020 to March 2021), 660 MW of new solar capacity were installed in the UK, with 175 MW installed in the first quarter of 2021 alone. This significant growth brings the country’s installed total solar capacity to more than 14 GW, and according to Solar Energy UK, the country could be on track to deliver a GW of new solar capacity by the end of 2021.
Solar solutions deliver supply, price and carbon certainty. Installing solar PV panels delivers energy cost savings by offsetting a percentage of energy consumption from the grid with lower-cost, on-site generated solar energy instead. Energy is no longer a variable cost – it is a predictable asset that can be leveraged for growth. Organisations are able to lock in a predictable energy rate for the lifetime of the solar PV system, enabling them to better forecast energy spend and operating expenses.
By generating clean solar energy on-site, organisations can reduce their grid consumption during the day, generating cost savings. This is especially useful when managing electricity loads of high-energy-consuming assets that peak in the middle of the day, like HVAC systems during the summer.
Powering operational processes with solar power can also enable organisations to use energy more efficiently and sustainably throughout their estate. By installing a clean source of power generation, organisations can make a positive contribution to the climate crisis and boost their sustainability credentials, as solar PV technology doesn’t emit CO2 or other harmful greenhouse gases.
Installing solar PV is an attractive energy solution, but can it add value to your organisation? Our checklist can help you determine if you have the perfect site for installing this technology – and if it can help you achieve your goals.
Installing solar PV panels can monetise a large, already-existing part of an organisation’s estate that is generally unused – like a rooftop, large space of land, or even a car park. Many organisations operate in large buildings with ample roof space and can benefit by transforming that space into an asset for on-site energy generation by installing solar PV panels.
The attractiveness of solar PV, combined with low costs of solar components – plus the UK solar industry’s goal to achieve 40 GW of installed PV capacity by 2030 – mean that this is a particularly relevant time for investing in clean energy generation technologies. Focusing on these types of investments will not only help drive adoption of cleaner, more efficient technology – organisations can also unlock financial advantage by becoming more efficient and sustainable throughout their energy estate.
But what makes a good site? Here are some factors to consider:
Downloading our full checklist helps you further define specifics associated with installing solar PV, so you can see if your site and current energy footprint can be improved with the installation of this technology.
When managed well, energy can help drive business efficiency and power new levels of operational performance. Selecting a commercial solar installer that has decades of experience and designs and installs high-quality solar PV systems is critical to ensuring maximum performance from the installation.
At Centrica Business Solutions, we help organisations manage the daily cost of their operational processes by transforming their already-existing assets – rooftops, ground, or car parks – into sources of on-site renewable energy generation. We support you on every step of your journey, from understanding your energy goals to optimising your solution for your available space. Every system is customised to your specific business needs in order to maximise energy production and deliver energy savings.
Our team uses the highest quality equipment, including Tier 1 bankable solar components that are backed by manufacturer warranties and are rigorously tested. The quality of our technology, our experienced project management, and our professional engineering and design ensure a worry-free investment.
When you contact us for an evaluation, our team will assess your site, walk you through available options and help you navigate this opportunity for your business.
Graham Phillips
Graham Phillips is Centrica Business Solutions' Head of Solar Sales. He has over 14 years of experience in the solar market and has been working in the energy industry for over 35 years. Graham and his team support all sectors including Public Sector, industrial, commercial and manufacturing. Graham has delivered large scale solar projects including roof, ground and car canopies through both customer and funded routes.
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