The logistics of running a business can be boiled down to salaries, rent, and energy costs. Running a business is no easy task, especially when dealing with production and operation costs. With the newfound interest in saving the environment and preserving a green and sustainable society, alternatives to energy use and supply have brought solar power back to the forefront of alternative energy usage.
The competitive energy race
Energy suppliers are at each other’s throats now with the introduction of Ofgem as a regulator for energy price caps. New contractors should expect higher rates of business tariffs from their suppliers if they’re not too keen on subscribing to high energy costs from mainstays such as British Gas.
Going for solar power is not a new concept, but it seems to be gaining more traction now than ever before. If you want your business to last longer by cutting your energy expenses, then you should consider making the shift.
The green advantage
With London attempting to lessen the levels of carbon emissions in the atmosphere to adhere to the London Plan, different industries are taking note of the regulations so that they won’t be unnecessarily fined for using old modes of energy consumption. From electric-powered taxis to smart boilers, industries are adapting to the green revolution and taking initiatives to make it their ally instead of their demise.
Having solar photovoltaic (PV) cells as an alternative source of energy allows business owners to minimise energy costs while at the same time doing their part in maintaining a greener environment. Solar experts like Solar Manchester and those in other cities help in reducing energy bills and halving carbon emissions in the atmosphere. With solar PV cells, you won’t just be supplying yourself with green electricity, but you’ll also be helping the greater good by being a supplier of electrical energy.
The feed-in tariff allows you to get some of your money back. The way it works is through the generation of excess energy that you haven’t used. Instead of storing the energy to go to waste, you get paid instead by directly generating power! The standard rate is 5p/kWh with the average projected savings of up to £300 per year. Since PV cells are highly sustainable, with a working lifespan of at least two decades with proper maintenance, you’ll see at least £60,000 in savings for two decades.
Are they worth the investment?
Before you consider outfitting your home for PV cells, you should think about how many you can afford to buy. True enough, the installation of solar panels in your home might be a little pricey. But with energy prices soaring from both electric and gas providers, a quick computation of how much you’ll be saving for the next few years can save you the worry of dealing with the continually fluctuating energy prices in the wholesale market. The good news is that PV cells are compatible with almost every type of roofing and can easily be installed by the right service providers.
To read more on topics like this, check out the technology category.