The business case for commercial solar batteries
Installing solar battery storage offers several key benefits that make a strong business case for commercial enterprises:
1. Cost savings and energy efficiency
By storing excess solar energy for later use, businesses can reduce their need to draw from the grid at times when tariffs are high and fully utilise on-site solar generation no matter the time of day or night.
Careful planning of your system will ensure that the balance of solar generation, battery storage capacity and on-site energy consumption delivers a healthy return on your investment
2. Energy independence and reliability
Pairing your solar PV investment with battery storage provides businesses with greater energy security and can provide a back-up during power outages. These combined systems have long lifespans and very little requirement for ongoing maintenance; and once you switch your system on you start to see a return straight away through reduced energy bills.
Most systems pay for themselves within 5-7 years and after this point you continue to generate a substantial amount of your businesses energy at the fixed price of your installation. Having on-site generation and storage reduces your vulnerability to utility rate hikes and market volatility.
3. Environmental responsibility and sustainability
Investing in solar energy helps businesses meet sustainability goals by lowering their reliance on electricity from the grid and switching to clean, green energy. Storing excess electricity generated by your solar panels further displaces energy that’s generated using fossil fuel, reducing a company’s carbon footprint even more.
Investing in commercial battery storage enables businesses to take full advantage of their solar PV systems while future-proofing their energy management as their needs evolve. The combination of reliable technology, favourable financial benefits and environmental stewardship makes solar energy storage an attractive investment.
