Why Should Your Shopping Centre Go Solar?

All around Australia and the world, businesses are choosing to invest in solar power systems and renewable energy. But what are the benefits for the retail sector and why should your shopping centre consider solar panel services? Here is some insight from commercial solar and energy audit specialists.

1. Significant utility savings – The retail sector is one of the biggest energy users in Australia and it’s easy to see why – shops need constant lighting, air conditioning and heating, grocery stores need constant refrigeration and electronic security needs to run 24/7. While you have to pay for energy from the grid, energy from the sun is essentially free once your solar power systems are paid for – and this means significant long-term savings for your site, even if you still rely on the grid at night. 
2. Earn off your system – The Australian government has a range of programs and low-interest loans that not only make financing commercial solar power systems easier and more affordable, they also allow commercial sites to sell any excess solar energy back into the grid in the form of small-scale technology certificates (STCs) and large-scale generation certificates (LGCs). This makes solar panel services even more affordable especially when you utilise your full roof and parking structure space. 
3. Earn customer loyalty – The fight against climate change is one that the public are passionate about and actively support, so going green is a great move for your centre. Brands want to be associated with sustainability for the same reason, making it an attractive location for tenants. Showing your dedication to the planet increases loyalty amongst tenants and customers. 
4. It’s more affordable than you think – The biggest barrier to committing to commercial solar power systems is the upfront cost. However, it is important to have a long-term view of the savings, which can be analysed in an energy audit of your shopping centre. In addition, the state and federal incentives have just been increased to make these costs even more affordable. The Economic Response to the Coronavirus has increased the instant asset write off from $30,000 to $150,000 to businesses with an annual turnover of less than $500 million. There is also a 15-month investment incentive with no asset value threshold, which allows these businesses to accelerate depreciation deductions. 

Want to Reap the Rewards of Solar Power? Get an Assessment and Energy Audit from National Solar Panel Services Providers 

Quality Energy has been in the commercial and industrial energy solutions sector for over 30 years, helping clients find innovative and cost-effective ways of improving power quality and reaching their energy saving goals. As national solar panel services providers, we can assist you with every step of developing, implementing and servicing your shopping centre’s solar power system. Contact us today for more information on our solar power systems or to schedule an energy audit.