The ultimate and on-going financial benefit from commercial solar power is a reduced electricity bill. Some of our clients have seen up to a 75% reduction in their monthly electricity costs thanks to solar. A solar system will offset any of the variable charges on your bill, whether they are Energy, Network, Environmental or Market/Ancillary charges. On top of this, solar can impact and potentially reduce Demand and Capacity charges under your Network costs – this is however dependent on your tariff structure from your DNSP. Solar will deliver month-on-month and year-on-year savings on your bill thanks to the long term warranties that accompany the components.
Under the Federal Governments Renewable Energy Target scheme, businesses can install solar systems that are heavily subsidised. Depending on your location and the system installed, this can potentially cover over 50% of the cost of the system. The scheme is separated into two sectors – Small-Scale (under 100kW installations) and Large-Scale (over 100kW installations).
Small-Scale installations are eligible for Small-scale Technology Certificates (STC’s) which provide an upfront discount on the cost of a system, to significantly improve the ROI. Todae Solar claims STC’s on your behalf – STC’s can cover up to 50% of the system cost to a value of over $70,000.
Large-scale installations are eligible for Large-scale Generation Certificates (LGC’s) which are provided to businesses on an ongoing basis until 2030. Each year, Todae Solar will create, register and sell LGC’s on your behalf – to provide your business with an ongoing revenue stream from solar. The Net Present Value of these LGC’s over the lifetime of the system may cover up to 60% of the upfront cost.
Todae Solar has finance solutions that provide immediate cash flow positive returns. These can be utilised for reducing your energy costs without any upfront capital. Todae Solar has access to market competitive finance from leading finance institutions. Find out more information here.
Contact us to find out the benefits of solar power for your organisation
We have offices in Sydney, Melbourne, Brisbane, Adelaide, Perth and Canberra and a national network of fully accredited solar installers. Sustainability is at our core. Since 2003, the foundation of Todae Solar has focused on sustainable business development.