Solar Electricity for Business - Auckland
Switching to solar power is a no-brainer for businesses looking to save money and go green. In this blog, we’ll break down why solar electricity is a smart choice. From cutting down on energy bills to boosting your company’s eco-friendly image, there are plenty of reasons to consider making the switch.
Why Solar Electricity?
Financial Savings
One of the most compelling reasons for businesses to switch to solar power is the potential for substantial cost savings. By generating your own electricity, businesses can significantly reduce their energy bills. The initial investment in solar panels and related infrastructure can be substantial, but green loans from most of our major banks and falling prices for solar technology have made this more affordable. Over time, the savings on electricity bills can offset the initial costs, leading to significant long-term financial benefits.
Environmental Impact
Switching to solar electricity helps reduce a business's carbon footprint. Auckland, like many parts of New Zealand, is committed to sustainability and reducing greenhouse gas emissions. By adopting solar energy, businesses can play a pivotal role in protecting the environment, reducing reliance on fossil fuels, and promoting a greener future.
Corporate Reputation
Sustainability is a growing concern among consumers and stakeholders, especially if you are an international brand. Businesses that adopt solar power can enhance their corporate image by demonstrating a commitment to environmental stewardship. It might seem silly but having the “green” image can give you that competitive advantage you need to win a customer when prices and services are so comparable between your competitors.
Would Solar Suit Your Business?
We’re going to be upfront with you on this one, solar isn’t for everyone.
Solar energy is ideal for businesses that:
Use electricity primarily during the day
Have higher electricity usage in summer
Plan to stay in their current location for the long term, as payback can take several years
And even if you tick all of these boxes, most businesses that use solar still need to buy additional electricity because solar panels have limitations in the total amount of energy they can generate in the space provided.
So, the two categories most businesses fall into are:
Grid-Tied Systems
In New Zealand, many businesses with solar panels operate in a complementary system with the grid. They use solar power during the day and supplement their needs with grid electricity when necessary, such as after dark or continuous bad weather.
Off-Grid Systems
Where businesses are fully reliant on solar, they will use an off-grid system. These stand-alone power systems offer businesses the distinct advantage of battery storage, enabling them to capture and utilise solar energy even after the sun goes down. While the upfront cost is currently higher due to batteries, prices are expected to decrease as technology progresses and adoption increases.
How Much Electricity Can They Generate?
Each solar PV panel is rated based on its peak electrical output. For instance, a 50-watt peak panel produces 50 watts under ideal conditions. Typically, a well-positioned panel operates at full capacity for about 2.5 to 5 hours daily. Therefore, a 1 kW panel can generate between 12 kWh and 1825 kWh annually. If these figures seem complex, don't worry; at Steel Solar & Electrical, we simplify the savings and benefits during our consultations.
Building a Business Case
Now the question most people want to know. What’s the ROI?
Well, it depends.
Solar is not a one size fit all solution so we would need to analyze electricity costs, both per kWh and capacity costs. Compare the cost of solar panel investment with the cost of purchasing electricity from a retailer. Once we have done this we can give you a pretty good indication of what the return on investment will be.
The Steel Solar & Electrical Installation Process
Assessing Feasibility
Before installing solar panels, Steel Solar will conduct a thorough feasibility study. This includes evaluating the building’s roof space, structural integrity, and sun exposure.
Design and Optimization
Following the successful feasibility assessment, our team transitions to the design stage. Here, we leverage sophisticated software and expert knowledge to create a customized solar system layout. This design will account for factors like:
Roof size and layout: We ensure the system maximises usable space while considering potential shading from chimneys or vents.
Number and type of panels: We select the most efficient panels based on your energy needs and budget.
Inverter selection and placement: We determine the optimal inverter size and location for efficient power conversion.
Electrical system integration: We design the system to seamlessly integrate with your existing electrical infrastructure.
Choosing the Right System
Informed by the detailed design, we'll then move on to the system selection stage. Here, we'll discuss the proposed design, highlighting the chosen components and their functionalities. We'll present options for grid-tied, off-grid, or hybrid systems, considering your business's specific energy requirements, budget, and long-term goals. This collaborative approach ensures you make an informed decision about the most suitable system for the business.
Installation and Maintenance
Once the perfect system is chosen, our experienced installers will handle the entire setup process. This includes installing the solar panels, inverters, and any other necessary infrastructure, ensuring everything is configured correctly and adheres to the highest safety standards. The beauty of solar power lies in its minimal maintenance needs. Regular cleaning and occasional checkups are typically sufficient to keep your system running efficiently for years to come. Steel Solar can also provide ongoing maintenance for your peace of mind.
Common Concerns
Initial Costs
While the long-term savings are substantial, the upfront costs of solar installation can be a barrier for some businesses. However, financing options such as green business loans can help mitigate these costs.
Weather Dependence
Solar power generation is dependent on sunlight, which can be inconsistent at times. However, modern solar panels are highly efficient and can generate power even on cloudy days. Additionally, businesses can utilize battery storage systems to store excess power for use during low-sunlight periods.
Getting Started
Research and Planning
Start by researching the different solar options available and identifying potential installers. Look for companies with a proven track record, certifications such as SEANZ or Master Electricians and positive customer reviews. Planning is crucial; consider your energy needs, budget, and long-term sustainability goals.
Consult with Experts
Engage with solar energy experts such as Steel Solar & Electrical to conduct a feasibility study and receive tailored advice. These consultations can provide valuable insights into the most suitable solar solutions for your business.
Implement and Monitor
Once installed, monitor your solar system’s performance regularly. Most systems come with monitoring software that allows you to track energy production and consumption in real time. This data can help you optimize energy use and maximize savings.
Conclusion
So, is solar power right for your business? The answer depends on your specific needs and goals. However, with the falling costs of solar technology, increasing efficiency, and readily available financing options, solar power is becoming a more attractive option for businesses of all sizes.
Ready to take control of your energy costs and contribute to a greener future? Steel Solar & Electrical is here to help. Contact us today for a free consultation and discover how solar power can help your business thrive.