Earn 20 % + Return From Solar Investment
Earn 20 % + Return From Solar Investment
Why Invest in Commercial Solar?
Wanna 24 % + Return on investment
The majority of Indian businesses consume a big chunk of their power during the day, between 9 am and 5 pm, when it's sunlit all around. Businesses that install solar PV end up saving a massive amount of resources due to this. Moreover, if a company is capable of paying electricity bills, using commercial solar power would be a definite win-win for them. Not only would they save money on power consumption but also would choose an ecologically viable option in the form of solar power.
Commercial Solar Systems:
Size Guide
The size of an average commercial solar power installation is more than 6.6kW and rate of tariff is 8 Rs per unit
1. Load 30kW- Roughly 100 panels
These small commercial solar installations use similar hardware as used in residential systems. Consequently, they fall under the same grid connection rules as residential systems. Thus, installers who work with residential-sized installations can handle business-sized installs up to this level. There is hardly any need for 'specialist' commercial solar power knowledge. Such systems can generate about 120 kWh of electricity every day over the year. Businesses can save approximately Rs 3.5 lacs per on an average ,considering 360 day of solar days.
4. Over 100 kW
These gigantic solar systems require the expertise of a specialist installer who has the engineering expertise to understand the unique requirements of such big commercial solar installations. Such systems are well equipped to hand solar energy generation for big spaces like malls and stadiums.
How to Choose a Commercial Solar Power System for Your Business?
Tips for Installing Commercial Solar Power System
1. Commercial Solar Costs and Paybacks
2. Commercial Solar Designs and Layouts
3. IRR and Discounted Cash Flow Analysis in the Quote.
How to Finance a Commercial Solar Power System for Your Business?
1) Cash/CapEx
Cash remains a popular way to purchase a commercial-sized solar power installation among businesses. Since the cash price for a commercial solar system remains the lowest sans any additional fees and charges involved with financing and leasing it, it gives the optimum payback over a shorter duration. However, it's important to note that larger commercial solar systems incur significant expenditure, which could weigh heavily on the business capital in the short run.
2) Power Purchasing Agreement (PPA)
Solar leasing arrangements or more popularly known as power purchasing agreements are another popular choice among businesses. It involves a third party retailer who installs a commercial system on the property. The system is legally owned by the retailer, and they also bear the maintenance cost. Such an agreement allows businesses to purchase a set amount of electricity over a long term agreement from third party vendors Such arrangements reduce the overall business electricity costs because the price for electricity under a PPA is usually lower than what grid power costs. Also, there is no upfront cost involved in installing the system. However, in such arrangements a business is obligated to buy all the electricity generated by the system, irrespective of the fact whether it is self-consumed by the business or sent to the grid. Businesses opting for the PPA route must have it optimally sized for maximum self-consumption. Start with a low price for year one and scrutinize the fine print on how the fees range over the time of the PPA. Ideally, the prices should increase over its term at a low rate or not at all.
3) Loan
Green loans are perfect instruments for negotiating pricing with a commercial solar installer. If the residual savings from a new commercial solar system are more than what is paid by the business on interest for the loan, it's ideal for the business. It saves the company from a cash flow crunch too.
About SAS-CE:
Save money, protect your business against rising energy costs. Whether your business is a school or a factory, a shop, or a warehouse, energy independence is the future. Become an industry pioneer by being strategic about your business energy needs. At SAS-CE, we know that your business requires a system that you can rely on, year-in, year-out. We use only the highest quality trades and components, offering comprehensive performance guarantee for every installation.
Stand out from the crowd
Over the last ten years, sustainability has taken the stage and consumers are looking for companies that are committed to sustainable energy practices. Installing Solar power will ensure your green footprint is noticed and generate a positive response from customers.
Reinvent your approach toward energy saving and start living smart.
SAS Consulting Enterprise makes investing in Solar, easy, affordable, and accessible. We have experts to help you every step of the way.
Why cut corners on quality? Choose a product that achieves results from a service provider you can believe in.
Now is the time to make the switch to solar power, contact us today to learn more about how solar power works.
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