Every business looking to reduce their energy costs by installing a solar PV system asks the same question:
“How can I calculate the return on my investment?”
At Solarco, we understand that clear, accurate financial analysis is essential in your decision making to install a commercial solar PV system.
We offer every business a free site survey, a custom system design, and a full financial report that includes:
- Payback period calculations
- Savings estimates
- Detailed system drawings and layout
- Expected performance figures
💡 What Goes into calculating ROI for Commercial Solar? Calculating the true ROI (Return on Investment) of a commercial solar system involves more than just comparing upfront cost to monthly electricity savings.
A step-by-step breakdown of how to properly calculate ROI is outlined below:
Upfront capital costs of the solar PV system which is provided by Solarco in a full detailed quotation including materials, project management and health & safety.
Businesses in Ireland can all apply for the Non-Domestic Microgen Grant by the SEAI, and farms can apply for both the Non-Domestic Microgen Grant by the SEAI and the TAMS 3 Solar Capital Investment Scheme by the Department of Agriculture.
Solarco complete all grant paperwork for our clients!
Non-Domestic Microgen Grant – provided by the SEAI (Sustainable Energy Authority of Ireland)
This grant is available to all businesses in Ireland!
This Grant offers Businesses:
- Funding of up to €162,600 to support businesses to switch to solar energy!
- This will typically support 20-30% of the investment cost, This grant can see businesses reducing their payback to as little as 5 years!
TAMS 3 Solar Capital Investment Scheme by the Department of Agriculture.
This grant is available to all farms in Ireland!
This Grant offers Farms:
- Payback of systems at less than 2 years!
- To be paid at the rate of 60% up to the maximum investment ceiling of €90,000 per farm.
- A maximum size of PV panel system of 62kW. (Most Pig Farmers in Ireland avail of the full 62kW).
Solarco analyse the past 12 months of electricity bills (kWh usage and rate per kWh) of each of our clients at the site survey stage. This is done free of charge.
We estimate the client’s solar production from size system and orientation.
We also apply time-of-use rate schedules, which help determine when the most power is being used by a client.
Solarco then present this to our clients in a report.
Example Summary Table
Why Choose Solarco as your Commercial Solar Panel Installers?
-
Experienced commercial solar panel installers
-
Solarco assist with all grant applications
-
On-time project delivery
-
Excellent health & safety record
-
Irish owned company and local tech support
💡 Ready to Power Your Business with Solar?
Contact us today at 062 74007 or set up a call to learn how we can help your business make the switch to solar.
