Going Solar: The Benefits of Solar Power for UK Businesses
The push for renewable energy is at an all-time high, with increasing numbers of UK businesses looking for ways to reduce energy costs and decrease their carbon footprint. One popular method of transition is to switch to solar power. In this blog post, we explore the benefits of going solar for UK businesses and provide guidance on how to make the switch.
How Solar Power Works
Solar power involves utilising solar panels to convert sunlight into electricity, which can then be used by buildings and equipment. There are two primary types of solar panels: photovoltaic (PV) solar panels and thermal solar panels. PV panels are the most commonly used and are placed on roofs or walls and convert sunlight into electricity. Thermal solar panels, on the other hand, use the sun's heat to create hot water, which can be used for space heating and/or hot water.
Cost Savings
Implementing solar power can be a significant investment, but in the long run, the potential cost savings are substantial. Solar panels produce electricity, meaning that they can offset a considerable amount of energy costs for businesses. Additionally, government subsidies and incentives are available, such as the Smart Export Guarantee (SEG) and Feed-In Tariff (FIT), which can help offset installation costs. Moreover, by generating power on-site, businesses can reduce their dependence on the grid, which can be vulnerable to rising electricity prices.
Environmental Benefits
By implementing solar power, businesses can help reduce their carbon footprint and environmental impact. Solar power does not produce carbon dioxide (CO2) emissions, reducing a company's overall contribution to greenhouse gases. Additionally, using renewable energy showcases a commitment to sustainability, which may appeal to customers, investors, and other stakeholders.
Real-Life Examples
Several UK businesses have already made the switch to solar power, providing tangible examples of its benefits. Sports Direct installed a 3.2 MW solar panel array on its distribution centre in Shirebrook, which saves the company approximately £300,000 annually. Selwyn's Law, an independent firm of solicitors, also installed solar panels, which helped bring the company's carbon footprint to almost zero.
Considerations
While implementing solar power brings many benefits, businesses should consider several factors before making the switch. For example, not every business may have a suitable location for solar panels or enough space to accommodate them. They should also ensure pertinent government regulations have been met and be realistic about their expectations.
Overall, solar power presents an opportunity for UK businesses to generate their electricity, save on energy costs, and reduce their carbon footprint. Beyond the significant financial incentive, it aligns well with the push towards environmental sustainability. By taking the time to evaluate installation costs, space, and other considerations, businesses can quickly identify whether solar power is a feasible option. Are you thinking of going solar? Reach out to a vendor today to learn more.
