Smart businesses are looking for ways to reduce their carbon footprint, demonstrate their commitment to sustainability, and save money. One solution that is gaining popularity is the installation of a solar carpark. In this blog, we will explore the benefits of a solar
carpark installation.

Cost Savings and Return on Investment

One of the biggest benefits of a solar carpark system is cost savings. By generating their own electricity, businesses can obviously significantly reduce their energy bills.
The amount of savings will depend on various factors such as the size of the system and the energy usage of the business. However, a 99.9kW solar carpark system can typically generate enough energy to power the needs of a medium-sized business, leading to significant instant savings as well as in the long run. While the initial cost of a 100kW solar carpark system can be significant, businesses can recoup their investment
over time through cost savings on energy bills. In addition, many governments and local authorities offer incentives for businesses to install solar carpark systems, such as tax credits and rebates. These incentives can further reduce the cost of installation and improve the
return on investment.

A bonus is that systems up to 99.9kW are eligible for the STC government financial incentive as well as an instant asset tax write-off.

These systems can be connected to EV Chargers as an additional service revenue stream.

Environmental Sustainability

Businesses that install solar carpark systems are also making asignificant contribution to environmental sustainability. By using solar power, businesses reduce their reliance on non-renewable sources of energy,
such as fossil fuels. This, in turn, reduces their carbon footprint and helps to combat climate change. In addition, a 99.9kW solar carpark system can generate enough clean energy to
offset the emissions of multiple vehicles on a daily basis.

Improved Brand Image

Installing a solar carpark system can also help businesses improve their brand image. Customers are becoming increasingly conscious of environmental issues and are more likely to support businesses that demonstrate their commitment to sustainability.

Increased Property Value

For businesses that offer longer Businesses that install solar carpark systems can also increase the value of their property. Properties with solar carpark systems are more attractive to potential buyers or tenants, as they offer cost savings on energy bills and a commitment to sustainability. This canlead to higher property values and a better return on investment in
the long run.