Expansive roof space, intensive machinery & enormous energy bills – just a few reasons as to why commercial solar PV panels are the perfect match for UK manufacturing, engineering and waste management companies. Let us review the Solar Panel Factory Cost and answer the question… how much does it cost to build a solar panel factory?
Solarsense provide a turnkey supply, installation and maintenance service for industrial solar panels and offer a range of finance options, including 100% asset finance and a competitive power purchase agreement (PPA).
From small, family-owned factories to large multinational organisations such as Brabantia and Renishaw, Solarsense has helped a large range of companies to reduce their energy bills and improve their sustainability.
how much does it cost to build a solar panel factory
Rising energy costs, energy security & profitability
Increasingly weighty business overheads are making energy consumption a growing source of concern, particularly with utility prices rising year on year. As a result forward thinking manufacturers are looking closely at both what they pay for their energy and how they use it.
Through installing solar PV panels manufacturing and engineering businesses are able to considerably cut their overheads, improve business operations and increase their bottom line with up to 100% savings on their daytime electricity costs.
Generally speaking, the higher the user of energy – the higher the savings and therefore the larger the benefits sought – making the manufacturing sector the perfect case for solar panels and renewable energy technologies.
Corporate Social Responsibility (CSR)
Sustainability is becoming increasingly important within the supply chain – The UK government is putting pressure on companies to turn to sustainable solutions and therefore wholesalers & retailers are now considering green credentials when choosing their suppliers. Installing solar panels not only reduces business overheads but improves your ‘green credentials’, in turn creating an effective PR tool.
Law and Legislation (ESOS)
If your organisation qualifies for ESOS, Solarsense can help to assess your current energy use and provide a solar PV desktop survey for your company to submit with your next energy audit. For more information on ESOS please visit the Government services website by clicking here.
Finance for commercial solar panels
Whilst self-financing is the most popular option for purchasing commercial solar panels and offers the best returns over the lifetime of a system, many companies have restricted budgets or would prefer to spend their capital elsewhere.
Solarsense has partnered with some of the UK’s leading financial institutions. From asset finance and hire purchase to a power purchase agreement (PPA) we will ensure you receive the best advice available and a bespoke finance package to suit your specific business.
For more information, including the latest grants available, please visit our commercial finance and incentives page.
Solar Panel Factory Cost
A power purchase agreement (PPA) has quickly become one of the most popular ways for large organisations to finance solar panels. If your energy usage and roof space meet specific criteria, this solution will allow you to benefit from a free solar PV installation, financed by a PPA provider.
Electricity generated by the system is then sold back to you at a rate much cheaper than your current energy prices; saving you thousands of pounds on your bills and providing your business with all the benefits of solar PV with no upfront cost.
You rent your roof and buy the discounted solar electricity rather than investing in a solar PV system of your own.
Powering the UK towards a smart, clean energy future
Solarsense has unrivalled expertise when it comes to installing on commercial rooftops – we have installed solar PV on every type of roof and work in a way that doesn’t disturb your business activity.
Since being founded we have completed more than 14,000 renewable energy installations and are responsible for powering some of the UK’s leading organisations. From the National Composites Centre and Renishaw to the Brabantia and the Tracklements, Solarsense has earned a reputation for trusted advice and high-quality workmanship.
For more information on commercial solar panels, the benefits sought and a list of FAQs , visit commercial solar PV.
Monitoring, operations and maintenance for industrial-scale solar panels
Our relationship with you doesn’t end after installation, we offer a comprehensive monitoring, operation and maintenance service to ensure your solar panels continue to perform for the duration of their lifetime.
We offer a range of O&M services and can tailor a package to your specific needs.
From a simple panel clean to proactive meter-based monitoring, we will help you to safeguard your equipment against possible faults and ultimately protect your investment.
How is solar profitable for factories?
If you’re still wondering whether or not you should install solar panels on your industrial factory, you probably haven’t yet considered all the profits associated with it.
Offset your electricity costs with solar
Generally speaking, factories and production facilities have high power requirements. With solar electric power, you can easily offset these costs. This will improve your bottom line and help you stay ahead of the competition.
Much like buying property versus renting it, buying solar and generating your own electricity eliminates the wastage of money, month after month.
Protect against power cost increases
Installing solar power system on your factory makes you a self-sufficient, energy-producing organization. This will shield you from any increases in the cost of power.
Consume free power and sell the excess
Once your solar energy system’s payback period is over, your business will start generating electricity for free. Moreover, if you have enough rooftop solar panels or ground-mounted panels, you can make money from the excess electricity generated from your solar farm. You can sell the surplus electricity back to the grid.
For businesses operating at a thin profit margin in those first critical years, initiatives like these make all the difference.