It doesn’t matter what industry or sector you’re in, if you have between five and 19 employees, then you’re a small business and you could be eligible for a commercial solar power installation. Even if you’re a sole trader with an ABN you may still qualify – it’s always worth asking an adviser.
It’s important to go solar as soon as you can because it’s a great and affordable way to lower your energy spending and even to turn a small profit if you hit on a decent feed-in tariff. There are also the added benefits of upping your green cred with the public and making your premises and enterprise more attractive to investors.
The long-term benefits to your business
You can start saving money on your electricity bills as soon as your panels go live. Here at Accord we can devise a customised solar panel system to suit your needs and building perfectly, including battery storage if you’re interested. We source only top-quality products with long and comprehensive warranties.
You could use one of the government incentive schemes
There are several upfront rebates available, based on the Small-scale Technology Certificates (STCs) or on the revenue from Large-scale Generation Certificates (LGCs). These rebates can help you with the initial expense of your installation and you may also be eligible for tax incentives.
You’ll be telling everyone how much you care about the environment
There are few more visible signs that you’re committed to helping the environment than a bank of solar panels on the roof of your business premises. Customers like to see this and may choose you over a non-solar rival!
The sooner you start, the sooner you save
You can claim an immediate tax deduction of up to $20,000 on your installation. Usually you’ll save around a third of the total cost, so for a $13,000 12.5kW system, plus an extra 10% GST deduction on your next BAS, you’ll pay just $8,200 for the system.
A system of this size should save your business around $4,000 each year, so you’ll start to recoup your investment after just two years!