COMMERCIAL SOLAR REBATES, GRANTS & INCENTIVES
Switching your company on to solar power can be even more cost effective if you’re able to access any of the grants, rebates and other finance options available.
This page briefly describes some of the support available to help finance or accelerate payback time of a commercial solar power system.
Energy Matters can assist your organisation in accessing a variety of incentives and financing. For further information on any of the below, contact our friendly commercial experts.
RECs, STC’s And LTC’s
Renewable Energy Certificates (RECs) are a tradeable commodity attached to eligible installations of solar power systems. It’s an umbrella term referring to Small-scale Technology Certificates (STCs) and Large-scale Generation Certificates (LGCs).
In a commercial scale array, their value can be many thousands of dollars. Energy Matters provides a point of sale discount if you elect to sign over the RECs to us. This saves you valuable time and hassle in attempting to trade the certificates yourself.
On Budget Night, May 12, 2015, Treasurer Joe Hockey announced businesses with an annual turnover of under $2 million are able to claim immediate tax deductions on sub-$20,000 purchases up until June 30, 2020, rather than having to claim those purchases as deductions spread over several years.
Those interested in using this option to acquire a solar power system should first consult their accountant.
Feed In Tariffs
While the goal of a commercial solar power system these days is to supply for self consumption, there will be times when production may be surplus to requirements – such as on weekends and public holidays.
Feed in tariffs pay system owners for surplus electricity exported to the mains grid.
Environmental Upgrade Funding (NSW & Victoria)
Environmental Upgrade Funding is a method of financing that provides funding from $250,000 to $10 million and beyond for the sustainable retrofitting of commercial buildings.
The interest rate is competitive compared with traditional financing.
Power Partnership Agreement
I have several options for your company to help lower electricity bills whilst help building a healthier Planet Earth:
1. No financial outlay for a new power plant Solar PV and replacement lighting.
2. Electricity supplied 20-50% cheaper than present payments (at today's prices for up to 20 years).
3. We Contribute to rent by way of an agreement for Roof Space
4. Reduce reliance on the Grid.
If you wish to peruse further you will receive only the most sustainable cost-effective & energy efficient results.
The best first step is to contact us for a no-obligation discussion of how solar can improve your bottom line and to learn more about the incentives and/or financing options that may be available to you.
Phone Ian on 0401-226265