15,000 Australian Businesses are now Saving with Solar
“More than 15,000 Australian businesses have now installed solar power to reduce their energy bills,” claims the Clean Energy Council, “and there is the potential for tens of thousands more to follow suit if the Renewable Energy Target (RET) is left as legislated.”
With perfect conditions for solar power production, Australian businesses are embracing solar power as a short term investment that pays long term dividends. And the returns are nothing to sneeze at, with an annual tax-free saving of $64 million remaining with business owners.
Almost $460 million has been invested by Australian companies, and it seems that financial benefits of solar power knows no limits.
View the CEC solar business infographic.
“These businesses cover a broad range of sectors, from dairy and chicken farmers through to wineries, offices, supermarkets and retail outlets,” said Clean Energy Council Acting Chief Executive Kane Thornton.
Melbourne solar panel experts Solar Sunwerx have designed tailored solutions for a variety of companies, including timber mills, Bowls clubs, fire stations, aged-care facilities and dozens of schools across Victoria.
In tough economic times, alleviating the pressures of overheads keeps Australian industry on track, and government subsidies on solar power systems over 10kW make solar a compelling business case.
The recent recommendations of Dick Warburton’s review into the renewable energy target could hurt Australian companies, costing jobs in the renewable industry but also the prosperity of businesses in Australia.
“Some of the recommendations outlined in the recently released review would either shut down these opportunities, or make it so administratively complex for businesses to go solar that they wouldn’t bother,” Thornton said.
Currently the RET is working well, as proven by the government’s own modelling, and a predetermined “sunsetting” phase is scheduled to begin in 2017.
Retaining the renewable energy target in its current form will secure $15 billion in projected large-scale investment, not to mention the billions spent in the residential sector.
