Many of our clients simply purchase a commercial solar electricity system that we design and install.
Over the last few years we have installed a number of large commercial solar PV systems in New Zealand including Sylvia Park Mall, Palmerston North City Council, and Tarewa Mall. For all of these clients the decision to purchase a commercial solar electricity system in the end came down to one thing. Does it add up financially?
In all of these businesses it had to add up financially or otherwise the projects would have never gone ahead and in the case of Sylvia Park the analysis was extremely thourough.
We recognise that commercial solar electricity systems don't add up for every business but for alot of businesses the return on investment over the life of the system is very significant. The great thing with installing a commercial solar electricity system for your business or building is that you essentially lock in todays electricity prices for the life of the system. For some businesses a solar power system can be paid off within 7 years and with systems lasting up to 20 years that is a lot of free power.
Any business that pays over 15c/kW for their power and has consistent daytime electricity loads should absolutely consider solar power. For other businesses who pay less but have sustainability goals should also seriously consider solar power.
At PowerSmart we have installed systems on wineries, factories, shopping malls, schools and farms. In all cases the savings have been significant because they were paying relatively high per kW rates for their electricity and they all had high daytime electricity requirements.
For some businesses like Sylvia Park it is also part of their push to be a more sustainable business.
Building owners and commercial solar.
Increasingly we are seeing building owners installing solar electricity systems as another revenue stream. By investing in the solar power the building owner is able to onsell the electricity to their tenants. In many cases they are able to make a return on their investment from day one.