Commercial Solar and Industrial Solar Power Solutions
Electricity is a vital necessity for a variety of commercial and industrial applications. Each of these applications demands electric power that is compatible with the system and is available on-demand at a reasonable cost. One popular way of providing electricity is to use the energy drawn from solar power to setup commercial solar power plants.
Commercial solar panels are sources of clean and renewable energy that require very little maintenance and have no carbon emission which has become a global concern.
Solar for Business
We are providing rebates to small businesses that will cover up to 50 per cent of the cost of a rooftop solar system with small businesses eligible for a maximum rebate of $3,500.
Commercial Solar Analysis
Step : 1
Analyze Energy Consumption
TGR's solar experts will monitor and analyze the power usage of your business and suggest solar system accordingly to get maximum output. This analysis helps us tailoring a solar system that meets your business energy needs.
Step : 2
Solar energy system modelling
Think and Grow Renewable will carry out a comprehensive solar generation model to identify the right solar energy system for your business. Also, consider other unique aspects including your business property size, seasonal solar energy generation capacity and local grid requirements.
Step : 3
Achieve commercial solvency
Studies stated that commercial projects having solar energy system achieve 15-20% returns annually. Our system modelling ensures you the possible shortest payback period from your solar investment and keeps up for the long term.
Why invest in Solar?
High Return for Long Term
Studies stated that commercial projects having solar energy system achieve 15%-20% returns annually. Business can re-invest the returns earned from the solar system.
Positive cash flow in the short term
The development of green loans that provide competitive interest rates means that commercial solar photovoltaic systems can be fully funded within 3-5 years, and a positive cash flow can be achieved in the first year.
Guide to Installing Solar PV for Business and Industry
Discover how Investing in Solar can Help Your Business
Key Benefits of a Solar Lease
Low Upfront Capital Investment
With little or no upfront costs, a solar lease will spread the cost of the system over the lifetime of the payment plan – helping to assist with potentially positive cash flow. Often, the lease costs on the system are less than the financial savings that the system generates, resulting in a cash flow positive investment potentially from day one. As energy prices increase, so do the financial benefits that the systems generates.
Reduced Dependence on Grid Electricity
As capital is no required, you are able to reduce your organisations dependence on grid electricity with a solar lease. This will help to prevent rising costs in the future and provide your business with the foundation for storage at a later date. There is no additional cost for the energy generated outside of the monthly repayment so this provides easy budgeting and forecasting.
Opex Savings and Tax Benefits
A solar lease can provide the best tax benefits of all available finance solutions for solar. Your organisation may be eligible to claim up to 100% of the annual repayments against your tax. This can further improve your annual cash flows and provide an improved
PPA
All About Power Purchase Agreement (PPA)
A Power Purchase Agreement (PPA) is an arrangement in which a solar service provider designs, builds, owns, operates, monitors, and maintains a photovoltaic (PV) system, and a customer agrees to site the system on its roof or elsewhere on its property and purchase the system’s electric output from the solar services provider for a predetermined period and price.
The purchase price of the generated electricity is typically below the retail electricity rate that the host customer would otherwise pay to their retailer. The PPA rates can be fixed or they can contain an annual price escalator in the range of 2% to 3% as per the CPI.
The term length of most PPAs can range from 10 years to as long as 30 years. PPA arrangements enable the customer to avoid many of the traditional barriers to the installation of solar systems.
Solar PPAs bring the following benefits:
- No upfront capital cost
- Predictable energy pricing
- No system performance or operating risk
- Projects can be cash flow positive from day one
- Visible resource efficiency leadership commitment
- Reduces carbon emissions.
Roles and responsibilities of the PPA Provider PPAs are commonly provided by companies specialised in solar systems design, development and installation. Energy retailers (e.g. AGL, Origin, ERM Power) recognise this and are increasingly working with these companies to also including PPAs in their product offering.
As the PPA provider designs, builds, operates, maintains and monitors the system, they will install a meter to measure the output of the system. The PPA provider may obtain construction financing for the system from a financing party.
Take the next step See how solar PPAs may be utilised at your site to reduce energy costs and lead the charge on carbon emission reductions. For considering where to start or for more information about Solar PPAs, email us: info@tgr.org.au
COMPANY A currently uses an average of 200kWh per day and uses most of its power during daytime.
COMPANY A is billed $0.30 per kWh or otherwise known as 30c/kWh. Therefore, they would be invoiced $60 for the energy they have used on this day ($0.30 x 200kWh).
GEM Energy has installed a 25kWP solar system at COMPANY A’s property which will supply and offset 100kWh of electricity usage per day.
This 100kWh will be billed to the customer by GEM Energy at a negotiated rate of $0.20 per kWh, and the remaining 100kWh will be supplied as normal by the power company at 30c/kWh.
COMPANY A will receive an invoice from the power company for $30 for the energy they have used from the grid. They will also receive an invoice from GEM Energy for $20 for the solar energy they have used for a total invoice of $50.
This represents a saving for COMPANY A of $15 for this one day.
See how it would look over a whole month. There are absolutely no upfront costs and COMPANY A is now more than $3,000 a year better off.
COMPANY A currently uses an average of 200kWh per day and uses most of its power during daytime.
Commercial Finance Options
Commercial Finance Options
Energy Ease is a trusted Australian payment plan provider, with more than 3,500 projects funded to date.
He help everyday businesses access energy saving equipment with minimal fuss.
They are also the go-to payment plan partner for some of the country’s biggest names in energy efficient equipment. Thanks to their unique online system, equipment sellers have the tools they need to help clients get ahead – faster.
With $0 upfront investment and instant pre-approval, their payment plans make the business case stack up time and again.
Our Commercial Solar Projects
LGC Explain For My Business
If you are planning to switch to commercial solar >100KW, it is good to know about LGS. It is worth knowing how they can benefit your business and who can qualify. It will play a major role in maximising your return on investment.
What is LGC - large-scale generation certificate?
LGC- Large-scale Generation Certificates is a kind of currency to buy and sell renewable energy.
It is a certificate scheme developed under the federal government's RET- renewable energy target. LGC aimed to encourage the reduction of carbon emissions in electricity generation and endorse energy generation from renewable resources.
LGC regulates the trading of electricity from solar systems size above 100 kilowatts. Certificates are created based on each megawatt-hour (MWh) of qualified electricity produced by a given system or power station.
Every month the electricity amount is calculated using the formula specified by the Australian Government’s Clean Energy Regulator. This number is used to apply for LGC applications, usually monthly, quarterly or yearly. If it is deemed eligible, an LGC will be created and added to the REC (Renewable Energy Certificate) registry. LGCs can be transferred to other parties once it is registered.
LGCs can be an ongoing revenue generation source for businesses having large scale solar systems that will speed up the return on solar investment