Electricity bills can be a handful, especially if your shop in Darwin has an extra hardworking HVAC system during summer. Even in colder seasons, your water heater could sweat it and drill a hole in your pocket. Recently, you’ve heard about the benefits of having a solar panel in a home—but how about in a store or commercial centre? Is it really beneficial to buy solar panels Darwin stores sell today?
If you own a commercial building or store in the city, you might want to read the following information before you buy solar panels Darwin has these days:
Renewable Energy Target (RET)
You’ve probably heard of the Renewable Energy Target (RET) and how it plans to use at least 33, 000 Gigawatt-hour (GWh) of renewable energy by 2020. Getting solar panels belongs under the Small-scale Renewable Energy Scheme (SRES) of RET.
Recently in October, it was reported that small-scale solar power use cut billions from energy bills. This was confirmed by a community-formed organisation, Solar Citizens Australia. Consumers, from businesses to homeowners, have reduced their electricity bills since they invested in solar photovoltaic (PV) installations.
Although homeowners make a huge part of those who benefited, there’s a current rise in businesses adapting to solar PV in their establishments too. From the recent years’ 23%, this year saw a 37% of businesses beaming about the perks of getting their energy supply from solar PVs.
Why go solar?
As a Small- and Medium-sized Enterprise (SME) owner, your role in contributing to the Small-scale Renewable Energy Scheme (SRES) will be pivotal. The solar industry, as a whole, is primarily made of SMEs too. See more here AC Guys NT
A published industry report by Solar Businesses Australia stressed the importance of the solar industry being made of SMEs. The industry seemed a response to the Coalition Government’s (COAG) announcement that there will be no macro-scale solar projects in 2020.
In the report, it was argued that the solar industry has been proven to help boost the national economy. A fall-back in supporting major projects will not only affect the solar industry but also the rest of the country’s economic flow.
Although the RET is set to continue, businesses are urged by the solar industry to never tire in pushing their support for renewable energy. Even in small ways such as buying solar PVs or solar water heaters, businesses can already partake in growing the renewable energy industry.
If you are an SME owner, you can surely participate in this when you buy solar panels in Darwin. You don’t even have to change it in one snap, you can mix non-renewable and Darwin buy solar panels and see what works from there.
If you’re planning to buy solar panels Darwin stores sell, you might be interested in rebates. These are the following incentives you’ll get if you upgrade to having a full solar power system:
- More than 20kW of energy
- Tax breaks
- Energy Efficiency Loan – handled by The Commonwealth Bank and the Clean Energy Finance Corporation (CEFC)
- Renewable Energy Certificates (RECs) – Small-scale Technology Certificates (STCs) for SMEs
- Tariff feeds – for unused electricity sent back to the grid
- Industry assistance – for sustainable retrofitting of commercial buildings.
- Low-interest loans – National Australia Bank (NAB)
A few reminders:
If you intend to cheap buy solar panels Darwin has to offer and then progress to a full solar power system, you have to plan ahead and consult your accountant. Discuss rebates and the risks, especially if you are interested in the tax break.