Over 15,000 Australian businesses have now installed solar power to reduce their energy bills, and there is the potential for tens of thousands more to follow suit if the Renewable Energy Target (RET) is left as legislated according to the Clean Energy Council.
Clean Energy Council acting chief executive Kane Thornton said an increasing number of Australian businesses were turning to solar power to slash power bills. Almost $460 million has been invested in solar systems, helping to collectively save businesses around $64 million on annual bills.
For July 2014, a record number of commercial solar systems (10kW plus) were installed, hitting 19 per cent of all system installs and 16 per cent for the year to date.
“These [15,000] businesses cover a broad range of sectors, from dairy and chicken farmers through to wineries, offices, supermarkets and retail outlets,” Mr Thornton said.
“There is an increasing recognition that the current modest support provided by the RET means the business case for solar power makes sense.”
Mr Thornton said if the federal government decided to cut the RET following its current review of the policy, it would slow commercial PV uptake.
“Some of the recommendations outlined in the recently released review would either shut down these opportunities, or make it so administratively complex for businesses to go solar that they wouldn’t bother,” he said, adding it was a “very effective policy which is working well and will begin to phase out naturally from 2017”.
Mr Thornton continued to say “The rest of the world is going full-speed ahead on solar and there is a huge opportunity here for Australian businesses if we leave the RET alone”.
Tropic Spirit Catering, a local business in Cairns has recently installed a commercial solar system. Business owner Craig Squire states “We have chosen solar to save money in the long term. The idea of generating our own electricity from an environmental perspective sits well with our business philosophy”.
The message to businesses is that it is not too late to install solar and it will save energy costs to your business. “The increases in electricity tariffs in the last few years have been dramatic and this will continue to be an increasing cost, by including solar into our supply we can offset this increase cost in the coming years” said Mr Squire.
Think strategically, improve your energy efficiency and prepare for the long term viability of your business. Contact NQ Solar today on 4041 1911 for a no obligation free quote, an accredited quality solar installer. Our local business, supporting your local business.