How solar panels have benefited businesses

Article posted

3rd Nov 2023

Read time

3-6 min read


Mollie Pinnington

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Benefits of Solar 

Solar panels are becoming increasingly popular among businesses in the UK, as they offer several benefits, including:

  • Reduced energy costs: Solar panels can help businesses reduce their energy bills by generating clean, renewable electricity from the sun. This can save businesses a significant amount of money over the lifetime of the solar panels, which is typically 25 years or more.
  • Environmental benefits: Solar panels are a clean and renewable energy source, which means that they produce zero emissions. This can help businesses to reduce their environmental impact and become more sustainable.
  • Government incentives: The UK government offers several financial incentives to businesses that install solar panels, such as the Smart Export Guarantee (SEG) and the Renewable Heat Incentive (RHI). These incentives can make installing solar panels more affordable and help businesses save even more money on their energy bills.

Examples of what solar can do for businesses

Here are a few examples of how solar panels have benefited businesses in the UK:

  • Hotel reduces energy bill by 50%: The Mercure Hull Royal Hotel in Hull, Yorkshire, installed a 100kW solar panel system in 2022. The system generates enough electricity to power the hotel's operations for around 20% of the year and has helped the hotel reduce its energy bill by 50%.
  • Manufacturing company saves £10,000 per year: A manufacturing company in the Midlands installed a 200kW solar panel system in 2021. The system generates enough electricity to power the company's factory for around 30% of the year and has helped the company to save £10,000 per year on its energy bills.
  • Retailer reduces carbon emissions by 20%: A retailer in the South East of England installed a 500kW solar panel system on its warehouse roof in 2020. The system generates enough electricity to power the warehouse for around 40% of the year and has helped the retailer reduce its carbon emissions by 20%.

These are just a few examples of how solar panels can benefit businesses in the UK. If you are a business owner, you should consider installing solar panels to help reduce your energy costs, environmental impact, and government compliance.


How much can businesses save on their energy bills with solar panels?

 The amount of money that a business can save on its energy bills with solar panels depends on several factors, such as the size of the solar panel system, the amount of electricity that the business uses, and the cost of grid electricity.

However, as a general rule of thumb, businesses can save up to 70% on their electricity bills with solar panels. This means that a business that currently spends £10,000 per year on its energy bills could save up to £7,000 per year by installing solar panels.

Of course, the actual savings will vary depending on the factors mentioned above. However, even with conservative estimates, it is clear that solar panels can help businesses save a significant amount of money on their energy bills.

If you would like to get a more accurate estimate of how much your business could be saving with solar, then try our free solar calculator for an instant solar quote today.

If you're ready to improve your energy efficiency whilst driving down energy bills then why not get in touch? With our carbon management plans we will give your business everything it needs to reduce consumption and maximise on savings. . Request a free quote now and start reducing your carbon footprint and energy bills today.