Don’t Overthink Solar Energy

Contrary to popular belief, you don’t need to over complicate the process of installing solar at your supermarket. Many supermarket owners find themselves intimidated by the thought of using solar energy, even though the concept isn’t new.

What is new is its recent increase in popularity with electricity prices increasing. Australia leads the world with the use of solar energy, therefore this concept has seen a transformation in quality, lifespan, and efficiency over the past few years. These recent developments have some supermarket owners feeling overwhelmed.

Not Convinced?

Within our country, there is staggering support for the use of solar energy because it’s not only environmentally friendly, it’s economical as well. Still, even with the support, some business owners aren’t convinced of the financial validity of the model.

Here’s a calculation to help sway those people on the fence: add up the cost of power that your supermarket uses in a year, multiply it by 5, and allow for a CPI increase of about 5% (even though that is a conservative percentage during the energy crisis we’re having).

For example, if your supermarket spends $10,000 on energy in a year, multiply that by 5 with a 5% CPI increase for the year. According to that calculation, $55,526 is the cost of power for your business for the next 5 years.

If a solar footprint is available, your business could trim about 80% off the bill and expect to receive a 25-30% ROI every year for 20+ years. The proof is in the numbers!

Installing Solar at Your Supermarket

Before you decide on a company to provide your solar power, it’s important to ask yourself the following questions:

  • How much does it cost?
  • How long will it last?
  • Are their warranties easily accessible in Australia under ACCC?
  • Is the solar energy company credible?
  • What sorts of projects do they have experience with?
  • What is their reasoning behind recommending their products?
  • What type of quality assurance do they have surrounding installation?
  • How much money will it shave off of your energy bill?
  • Is it likely that they’ll still be in business in 10 years?

There’s no doubt that you get what you pay for in terms of energy in this industry. You always want to make sure that the energy company you do choose will still be in business in 10 years.

Going Solar

Transitioning to solar power is good for the earth and good for your budget. To learn more about the benefits of solar power contact Matt Ritson at IndiHub on 0404 335 559 or [email protected]

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