There has never been a better time to consider Solar Energy

  • Thousands of dollars in Government Rebates are still available, take advantage
  • Potential to dramatically reduce your operating costs
  • Low Return of Investment of approx 3-5 years
  • Performance guarantees of 25 years

Solar Energy for Commercial Properties

The concept of the profit margin is elemental to business. Keep your profits high and your costs low, and watch your business expand. You wouldn’t erode your business’ capital by paying over the odds for stock, or by spending irresponsibly, so why shouldn’t the same principles apply to energy?

Energy prices in Australia are on the rise, and your electricity bill has a 10% goods and services tax levied against it. With this in mind, it is unsurprising that increasing numbers of Australian business owners are turning away from the traditional grid system in favour of solar energy.

What is Solar Energy?

Solar energy simply refers to the production of energy – usually electrical energy – using sunlight.

Photovoltaic – or PV – cells are the most common instruments for converting sunlight into energy. These cells are banked together to form Solar Panels also know as solar collectors. The sunlight excites the electrons in the solar panels and begins the energy process, DC electricity is created. This energy flows through wires and cables to a solar inverter located on an external wall usually adjacent to the meter board. The purpose of the solar inverter is to covert the DC electricity into AC electricity which is safe for domestic use.

Australia’s climate and its position on the globe give it vast potential in terms of solar energy production. While Australia is ranked among top ten producers of solar power in the world, the renewable energy source currently only accounts for a fraction of the country’s total power output, with vast area of prime solar-energy real estate still going untapped.

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Solar Rebates

Now is a great time to consider investing in Solar Energy whilst the Government is still offering thousands of dollars to assist.

The Federal Labor Government introduced in 2009, a Solar Credits Scheme as an incentive to invest in renewable energy as part of a Renewable Energy Target (RET) introduced by the Coalition Government in 2001. The Renewable Energy Target is designed to encourage investment in new large-scale renewable power stations and the installation of new small-scale systems, such as solar photovoltaic (PV) in households, small business and non profit organisations. The Renewable Energy Target aims to ensure that at least 20 per cent of Australia’s electricity supply will come from renewable sources by 2020.

The Renewable Energy Target has two core components: The Large-scale Renewable Energy Target (LRET) and the Small-scale Renewable Energy Scheme (SRES). Together, these schemes create a financial incentive for investment in renewable energy.

If you purchase a Solar System today, you will receive a subsidy via the government scheme, each kW installed is worth approx $750. For example, this would result in approximately $22,500 off a 30kW Solar Energy System, which would be applied at the point of sale to reduce the total capital required to install the solar system. (This is an example only an may differ from the value of your rebate at the time of quotation)

It is important to note:
  • There is a small amount of paperwork on the day of installation to receive the STC discount
  • The rebate is not means tested
  • You can only claim once per property
  • You can claim on multiple properties
  • Small-scale Technology Certificates (STC) apply to small-scale installations below 100kW in size and are used to determine the incentive amount you receive
  • Large-scale generations Certificates (LGC) apply to large-scale installation above 100kW in size and are used to determine the incentive amount you receive

Harvey Norman Commercial Solar will apply your rebate at the point of sale to discount the total cost of the supply and installation of a Solar Energy System for your business. The value of your rebate will be provided to you in your quotation.

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