Solar panel subsidy significantly reduces the cost of installing commercial solar systems making it a no-brainer to become energy independent.
Subsidies make it a no-brainer to become energy independent now.
We make it easy to present the business case. We provide a comparison of the available subsidy and finance options, upfront costs, estimated feed-in tariff earnings, ongoing savings and opportunities to make the investment cashflow positive.
RETAILER ENERGY EFFICIENCY SCHEME (REES)
This South Australian Government scheme significantly reduces the cost of installing energy efficient lighting. Available until 31 December 2020.
RETAILER FEED-IN TARIFF
For small businesses using < 160MWh a year Surplus energy that is exported back to the grid can earn businesses a credit with their electricity retailer. The amount of the tariff varies between retailers, and eligible solar systems with or without batteries can receive the tariff.
SMALL-SCALE TECHNOLOGY CERTIFICATES (STCS)
For solar systems < 100kW STCs are calculated and applied upfront, immediately bringing down the price of the system. The number of STCs the purchaser is entitled to is based on the expected power generation of the system until 2030. This is calculated based on system location, size and deeming period (years until 2030).
BUILDING UPGRADE FINANCE (BUF)
For commercial buildings in the Adelaide, Onkaparinga and Salisbury councils Building upgrade finance assists building owners to access loans to improve the energy, water and environmental efficiency of existing commercial buildings. Loans are tied to the building, rather than the owner, and repayments are collected via the local council. BUF is ideal if you want to improve the NABERS rating and rental income of your building. With many commercial leases requiring tenants to pay local government charges, BUF enables owners and tenants to share the costs and benefits of solar.
LARGE-SCALE GENERATION CERTIFICATES (LGCS)
For solar systems > 100kW Once a system is over 100kW, it’s considered to be a power station. Instead of being applied upfront like STCs, LGCs are paid annually based on the system’s meter readings. These readings need to be accurately tracked, recorded and reported to the Clean Energy Regulator.
Contact Commercial Energy Solutions.