I’ve been amazed by the number of my blog readers that are located around the world. It shows that folks everywhere are interested in saving money on their energy bills. This article was guest written by the team at Perth commercial solar company, Infinite Energy as provided by Tammi Rogers. It is aimed at our Australian readers and shows that using solar power can help us cope with the increasing cost of electricity. Energy Boomer
The price of electricity is currently a major concern across Australia. As electricity prices increase, businesses struggle to settle their bills, which for some enterprises are thousands of dollars more per year. Electricity being an expenditure that neither consumers nor businesses can get around, Australian residents and business owners are alarmed by the present electricity market and are now seeking means to minimize their electricity expenditures and increase their profit margin.
Australian Capital Territory, Queensland, New South Wales, South Australia, Victoria, and Tasmania, follow the NEM or National Electricity Market regulations when purchasing electricity. A wholesale distributor, NEM was established to offer Australians some options when buying electricity, so both consumers and commercial buyers will not be committed to deal with a single vendor.
Being knowledgeable and familiar as to what alternatives are available in this fast changing market can be very beneficial. Australian business owners who aren’t checking the most current policies and solutions being given to them won’t fare as well as the other business owners who do. Competition does not assure affordability in the energy industry. And, the most evident effect of greater operating costs is higher prices for the services and goods the businesses sell to consumers.
Traditional Sources of Electricity
There’s no definite known cause of this problem on electricity, though some believe that the cost of coal is a major reason of skyrocketing prices. Since coal manufacture is the source for the energy production, objections to coal playing a significant role in the energy arrangement in Australia will grow bigger from businesses in the country. A call for more reasonable renewable energy sources such as wind and solar will continue.
Traditional sources of energy are deep-seated in the social and commercial setting of the country. Those business owners hoping to feel some relief from higher costs don't wish to depend on major changes in the energy sector that may not occur quick enough to save their companies from closing down. Apparently, there's a domino effect of the government's establishment of a privatized energy industry. The available information on abrupt fixes to control costs is not identified by many business owners.
With the way the prices of energy have continued to upturn across Australia, it’s no wonder that more and more businesses are beginning to completely consider getting commercial solar power system installed. The advantages are far reaching, not just for the environment but for your bank balance as well.
However, there are several factors that should be taken into consideration if you’re thinking about investing in commercial solar power. One of the most important things to do is to evaluate your power requirements. There are a wide variety of solar system products on the market today, and solar systems are normally tailor-made to fit your energy consumption and needs.
Advantages of Commercial Solar Power
Solar power is an ideal investment for a wide variety of reasons, and this provides great savings all year round. Among the many benefits are reduced power bills and a clean and safe environment for the succeeding generations to enjoy. So businesses looking to yield financially from what’s left of the rebate incentive schemes must be encouraged to invest now.
The bulk of the current incentive schemes in place are active for so many years so investing at present while the great opportunity still exists must be realized as a long term venture for any business which will then pay dividends for so many years to come. Invest in a solar power system for a green and clean future while making the most of the Australian governments remaining commercial rebates while you still can.
Solar Rebate Incentive Schemes
Solar power has been a very profitable industry in recent years in the entire Australia. A series of solar system rebate incentive schemes have been introduced in the country. The incentive schemes still offer some fantastic opportunities not only for residential homes but also as a sustainable and cost-effective commercial scheme for businesses.
Kinds of Solar Rebate Incentive
There are several solar energy rebates in the country and there are incentive schemes for many diverse renewable energy options like off grid solar panels and on grid connections, solar pumping systems or solar hot water. If you meet the requirements for renewable energy rebates, grants, or subsidies then you can save a huge amount of money on your business energy expenditure.
Solar Incentives for Business
This scheme is intended for environmentally mindful Australian business holders. Current business incentive rebates include RECs, huge tax breaks, feed in tariffs, and main returns under the solar credits program.
This credits program provides significant savings for industries on grid connect power systems. Businesses can get a tax deduction on a business or commercial solar power system mounted on their business premises. Companies can also save a large amount of money by installing a heat pump or solar hot water system. This will help not just to slash the electricity consumptions but likewise the commercial greenhouse gas emissions.
These payment arrangements can result in considerable payments to businesses partaking in the system, and the big savings made on the cost of electricity, which appears to be constantly increasing since the industry of electricity was privatized and numerous of the major energy providers have moved offshore.
This piece was written by the team at Perth commercial solar company, Infinite Energy.