Solar panels are becoming an increasingly common sight on the rooftops of businesses across the UK, and for good reason. If your business is interested in generating its own electricity, solar PV panels can offer many benefits. So, ask yourself – why is solar power developing near me?
If your business is working towards a net-zero goal, or simply to reduce its carbon footprint, installing solar is an excellent way to begin. And at Climateshield Solar we are here to help.
Wholesale energy prices recently reached record highs. So why not switch to on-site solar energy to cut your electricity bills.
Did you know you could even make money by exporting electricity generated by your solar panels back to the grid. But before you install solar panels and begin to enjoy the benefits, there are five key questions that you must consider.
How many solar PV panels?
Determining the size of your solar PV installation can be complex. There are several factors to consider. Firstly, you will need to review your organisation’s consumption data. This will determine how much energy you typically use and how much of that energy you would like your solar PV panels to provide. If you’re looking to source your energy from your solar panels, it’s advisable to look at your maximum demand levels over the past few years. And look at solar developing near you for inspiration.
You can then ensure that you install enough panels to meet this level of demand. These calculations can be tricky, because the output you can expect to receive from your solar panels will vary depending on three things. The type of solar panels you choose, where you are located and the weather. You need to remember that solar energy generation can be intermittent – your panels will generate less energy on cloudy days, and in the winter when daylight hours are fewer. The Climateshield Solar team will assist you every step of the way with your initial calculations.
Where will you get maximum exposure for your panels?
Although many businesses choose to mount their solar panels on their roofs, they can also be installed on the ground. When choosing where to locate your solar panels, it’s important to assess where they’re likely to receive the most direct sunlight.
South-facing roofs are typically best for this reason. If you’re opting for a ground-mounted system then you will need to ensure that shade won’t be cast on your shadows by nearby buildings or trees. You will also need to calculate the space your installation will require. Get a clear idea of how many panels you will need to install. Then you will be able to assess your site for suitable space.
Will it suit your energy profile?
Solar energy generation can be intermittent. Your panels will generate less energy on cloudy days, for example, and in the winter when daylight hours are fewer. If your business operates overnight, or your energy usage increases substantially in the winter months, then you need to consider how you will ensure that you always have a supply of energy when you need it. You will therefore need to get a clear picture of how and when your business uses energy. You may use more in the morning than in the afternoon. Or your energy use may stay constant throughout the day.
The red tape
Wherever you install your solar panels, a range of surveys will need to be conducted. These ensure that your chosen location is suitable to accommodate solar panels, such as a structural survey of your building’s roof. Larger rooftop installations and ground-mounted installations will require planning permission. They may also require an Environmental Impact Assessment (EIA), which evaluates the potential environmental impacts of the installation. It goes without saying that if your business rents its premises, you will also need to secure your landlord’s approval.
Last year, the Government announced a new form of tax relief – a 50% First-Year Allowance – for special rate assets, including solar PV panels. If you invest in solar panels before 31st March 2023, you will be able to claim the 50% First-Year Allowance. This means you will only pay corporation tax on your profits minus 50% of the value of your solar investment. To find out more about solar, our team are here to help every step of the way.
If your business is keen to find out more about solar and funding assistance on our projects, our team are here to help every step of the way. You can also look at our financing section on the website for further information.
Get in touch with our team today on 0333 444 2501 or email us at firstname.lastname@example.org
You can also visit our Climateshield Solar website.
When considering funding assistance, you are recommended to obtain specific professional advice from an accountant on any tax-related matters.