What is the initial cost of installing solar panels for businesses?
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The cost of a commercial solar panel system depends on the size of the installation, the type of panels, and the complexity of the setup. While the initial investment may be significant, government incentives, tax benefits, and substantial savings on electricity bills can make it a cost-effective solution over time.
Not to mention the other financial routes that are available to commercial customers. Such as Hire Purchase and PPA (Power Purchase Agreements).
With these financial models, you can save from the first month with no upfront payment. Either paying off your system over time or having a third party fund your system and purchasing the electricity generated by the system at a significantly cheaper rate.
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Robert Moss
Managing Director
Moss Electrical
Javed Sattar
Portfolio Manager
Custodian Capital