| | Solar Asset Investment Returns for Business? - Reduce grid energy Capex with a solar asset and reduce buildings Carbon footprint
- Savings can instead be used to purchase the solar asset.
- Installed solar “future proofs the building”, increases Buildings Nabers & Green Star Rating and the building valuation.
- Efficient solar can save over 30% of energy costs immediately creating positive cash flow early.
- Tenants can liase with their landlord regarding access to cheaper energy .
- Budgeting made easier with majority of business power demand being solar power at a fixed cost for many years.
- Competitive Advantage with decreased costs and roof panels clearly declare green business.
- Roof Owners can offer grid saving energy to their tenants which improves rental marketability as increasingly, businesses want green energy access.
- Return on Investment (ROI) can be very high with paybacks in 3-5 yrs. Extra rent from tenants and payments by the grid for surplus solar plus depreciation allowances further increase annual ROI.
- Maximised Net Present Value (NPV) created with Solar lasting at least for 25 years illustrates Solar project investment Value
- Roof owners may not wish to fund install solar but can lease the roof to third party to create extra recurring income stream.
- For ESG goals, Solar creates impressive and quantifiable environmental benefits for a company.
- Battery Storage could be packaged with Solar. However being costly, its supply may not meet client ROI/IRR objectives.
- Various Federal and State incentives reduce the self investment required with other funding options available and tax incentives all increase investment returns.
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