Commercial Blog

Times are tough on businesses right now, with a triple whammy of economic uncertainty due to Brexit, Covid and soaring energy prices. But amid the chaos are some silver linings that could mean now is the perfect time to invest in solar for your company and cut down on energy costs. Low interest rates and the government’s super-deduction can save you a lot of money on solar PV purchases, which normally pay back in 6-10 years and can also help your company reach net zero targets.

We’ll run you through the benefits of buying solar panels in the present climate, as well as highlighting the potential issues you should be aware of from the beginning, such as solar panel business rates and planning permission.

The return of holidays and foreign travel is on the horizon.

One way for hotels to cut energy costs is to invest in solar panels. Whitbread, the UK’s largest hospitality company, has rolled out solar PV across 20% of its Premier Inn hotels so far (much of it installed by Spirit!).

Demand for warehouse space in the UK is booming this year, as more of us turn to online shopping while the virus keeps us away from the high streets. The proportion of retail done online (which was already on the rise) has skyrocketed:

We’re very excited to share our recent solar installation at West Reservoir Centre, an outdoor swimming facility in Hackney. It is the first installation in a new solar power scheme launched by Hackney Light and Power, as part of its mission to make the borough net zero carbon by 2040.

For most people, a trip to the shops is about picking up the weekly groceries, with rarely a concern for the huge amount of power needed to keep the building running and the food fresh.

As electricity bills rise, shop owners are keen to cut costs where they can. Here’s why we’d recommend solar panels for supermarkets to save money on energy and provide some energy independence.

Offices, shops, schools and other premises across the country have been shuttered or only partially open since the lockdown. In an undoubtedly difficult time, many organisations are looking to save money. This could be the perfect opportunity to look at improvements to your company’s energy use, investing in efficient technology to reduce your energy costs in the long term.

Here are a few things we can help with to improve energy efficiency:

We’ve recently done some modelling of the performance of solar tracking systems, but this can only tell you so much. What about how one would perform in the real world? Luckily we can answer that by looking at a solar tracker that we installed a few years ago...

Is it possible to get free solar panels for businesses? A lot has changed since solar first started gaining popularity, with prices falling around 50% in the last decade and many of the initial subsidies like the Feed-in Tariff closed to new applicants. But there are still opportunities for companies to benefit from financed solar systems, the most promising of which are Solar PPAs.

We hear more and more about Blockchain technology.  The technology creates a transparent public ledger that records series of transactions, facilitating a fast, low-cost, trusted transfer of value without the involvement of traditional intermediaries.  

Already used in the financial sector, it’s only a matter of time before Blockchain hits the energy sector in a major way, particularly with the explosion of micro-generation of electricity, the ending of solar subsidies, and the advent of smart meters.

With Octopus Energy claiming to have paid customers to use excess electricity at night on four occasions in the last 12 months, real time peer-to-peer trading of electricity is surely just around the corner. Other potential applications include authentication of renewable generation and trading of emissions permits.

On 9^th July, the government launched its “Road to Zero Strategy” to lead the world in zero emission vehicle technology.

Not to be confused with any other ‘Road to Zero’ or ‘Round in Circle’ government strategies, this one is all about ensuring at least 50% of cars are ultra-low emission by 2030, and ensuring that the infrastructure is in place to support this.

If you’re in charge of a ‘workplace’, the good news is that on the back of Road to Zero, the Workplace Charging Scheme will now contribute 75% of purchase and installation costs (up to a maximum of £500) towards the cost of each charging socket installed. 

The grant is available for to 20 chargepoints per applicant, across all sites.

In other words, up to £10,000 per business.