Australia’s electricity prices are set to soar by at least 35% in 2023. Meaning that businesses will be paying significantly more for their energy.
The answer may seem simple. Small to medium businesses should look to start saving with renewable energy to cut costs while also reducing their carbon footprint.
But while the benefits of investing in renewable energy are numerous, there are also a number of challenges that these businesses must overcome.
Challenges of Investing in Renewable Energy for SMEs
In this article, we’ll explore some of the challenges businesses face when trying to save with renewables and discuss what small to medium businesses can do to overcome them.
Cost:
One of the biggest challenges for small to medium businesses is the cost of investing in renewable energy. Purchasing outright and installing solar panels can be expensive, especially for businesses with limited budgets.
Not to mention that these are long-term solutions suited for businesses that have purchased property or have a lengthy lease. Many small businesses are on relatively short-term leases of 3-5 years making a long-term renewable energy solution unviable for them.
Complexity & Lack of Control:
Another challenge is the complexity of choosing what solar operator to engage in a market that is saturated with agents.
And many customers are daunted by the long term nature of traditional fixed solar, committing to an asset on your business’s roof for the next 25-years.
Technological limitations:
Another challenge is the limitations of current renewable energy technology.
Many small businesses don’t have the time or security in their premises to see a return on investment for a fixed asset like traditional solar panels.
Enter Solpod. No fuss, risk-free relocatable solar for businesses
Solpod is Australia’s only fully relocatable solar solution for businesses of any size.
Our system allows small to medium-sized businesses that lease their commercial property on a short-term basis to take control of when they invest in renewable energy and start saving from day one, without the fear of losing money on a fixed asset.
Our unique business model offers several options for small to medium businesses to invest in solar energy and start saving up to 30-40% on their energy rates.
Here are three options to consider:
Rent with Solpod to save:
With this option, businesses can save on energy from day one.
There are no minimum terms, which means that businesses can rent the panels for as long as they need to, without committing to a long-term contract. And best of all if you move to a new location we can arrange for their relocatable solar panels to be moved there too!
Rent with Solpod to buy:
This option allows businesses to try solar before they buy.
There are no minimum terms, which means that businesses can rent the panels for as long as they need to, without committing to an upfront long-term contract. This option is ideal for businesses that are unsure about investing in solar panels but want to see the benefits for themselves before committing to an asset.
Rent with Solpod and return:
This option offers peace of mind for businesses that you can see the benefit of solar for the term of your lease and at the end of your lease, we’ll come and remove the solar, no risk, no fuss, all benefits.
With rising electricity prices, renewable energy is becoming increasingly attractive for businesses looking to reduce their overheads. But we understand that for small to medium businesses there are some real risks to assess that make investing in renewable energy challenging for them.
We believe that every business should have access to clean, cost-saving energy, and now with Solpod’s unique business model, they can try before they buy or rent their solar panels forever, wherever their business is, making it easier for them to make the switch to solar energy and save money and the planet in the process.