Commercial Solar Guide 2024

Everything you need to know about solar for your business! Request obligation free commercial solar proposals below to receive your copy of the 2024 Commercial Solar Guide.
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Why YSQ Commercial?

  • We are the trusted experts in commercial solar.

  • We have helped 1000's of businesses reduce their overheads, and environmental impact since 2014.

  • Your Solar Quotes have developed bespoke software to walk you through the process of solar comparison, ensuring that you are informed at every point of your solar journey.

  • Our in-house experts will create a business case, and use this to recommend the best installers from our vast network of 801 of Australia's highest regarded solar companies.

  • We are proud to make the process of transitioning your business to clean energy as smooth as silk.

Our Mission

Our mission at Your Solar Quotes is to reduce Australia’s dependence on fossil fuels and help people harness clean, renewable energy from the sun.

We have done the due diligence and worked hard to find the solar companies who will go above and beyond for our customers. Our business values transparency, fairness, customer service, and accountability, and we look for these same values in the solar companies that we recommend.

We believe the search for solar should be an educational and hassle-free experience. Using our customer feedback system, we champion the solar companies who are highly effective at what they do - ensuring that your search for solar, and our collective future is in safe hands.

Benefits of Solar at your Business

Whether your goal is to reduce your business' operating expenses or meet sustainability targets, investing in commercial solar is a very sound investment. We have outlined the key benefits of installing solar on your business below:

  • Cost Savings: Energy cost savings means lower overheads, and more money saved for your business.
  • Government Support: Take advantage of incentives like Small-Scale Technology Certificates (STCs), Large Generation Certificates (LGCs), and feed-in tariffs that make solar an incredibly attractive as a business proposition.
  • Tax Breaks: Enjoy tax benefits such as depreciation deductions, tax credits, and the instant asset write off scheme - putting more money back into your pocket.
  • Energy Freedom: Future proof your business from the constant energy price hikes by generating your own power, reducing reliance on the grid.
  • Green Credentials: Showing your commitment to sustainability, aligns with the growing green expectations of customers and enhances your brand's reputation.
  • Marketing Edge: Promote your business as eco-friendly, attracting environmentally conscious consumers.
  • Property Value Boost: Increase the value of your property with solar panels, appealing to buyers looking for energy-efficient features.
  • Risk Management: If your business opts for commercial solar batteries, diversifying your energy sources can allow you to stay operational during outages, and grid failures.
  • Industry Leadership: By installing solar power, you are positioning your business as a leader, while giving yourself a competitive advantage, and inspiring others in your industry to follow suit.

Types of Commercial Solar Systems

Commercial solar systems come in various configurations, tailored to different business needs, location, and energy requirements. Here are the common system types:

Grid-Connected Solar Systems:

  • Most common system installed commercially.
  • Typically installed on the roof of the commercial premises.
  • Directly connected to the electricity grid, allowing surplus power to be exported and imported as needed.
  • Ideal for businesses looking to offset electricity costs, and reduce reliance on the grid.

Hybrid Solar Systems:

  • Combine solar panels with battery storage and grid connection.
  • Provide flexibility to store excess solar energy for use during peak times or grid outages.
  • Optimal for businesses seeking both energy cost savings and backup power capabilities.

Off-Grid Solar Systems:

  • Suitable for remote or rural businesses without access to the electricity grid.
  • Battery storage is incorporated to store excess energy for use when solar generation is low.
  • Offers energy independence but requires careful sizing and management.
  • Can be installed with tilt-frames to track the sun's movement throughout the day, optimising panel orientation for maximum energy yield.

Solar Carports

  • Solar carports are becoming increasingly popular for businesses with large parking areas sucha as airports. and shopping centres.

Commercial Solar Rebates

The huge energy cost savings from installing solar are bolstered by significant rebates, and tax incentives tailored to businesses. Outlined below are key commercial solar rebates available in Australia, aimed at expediting the return on investment for businesses:

Federal Government Solar Rebates

The Federal Government's Renewable Energy Target encompasses two key schemes that incentivise the adoption of commercial solar power systems:

  • Large-scale Renewable Energy Target (LRET)
  • Small-scale Renewable Energy Scheme (SRES)

These schemes generate Large-scale Generation Certificates (LGCs) and Small-scale Technology Certificates (STCs) respectively, providing businesses with compelling reasons to invest in renewable energy solutions.

Differentiating between LGCs and STCs: STCs are applicable to solar power systems below 100kW, whereas larger systems qualify for LGCs. While both offer avenues for reducing solar costs, businesses inclined to minimising upfront expenses typically favour STCs due to their immediate benefit in the form of a point-of-sale discount, unlike LGCs which are disbursed over time.

Anticipated Phase-Out of STCs and LGCs: The Federal Government has announced a gradual reduction in the value of STCs by approximately 6-7% annually, with the scheme slated for complete phasing out by 2030. Similarly, LGCs are expected to be phased out by the end of December 2030, with their value already displaying a downward trend in recent years.

In other words, every day you put off installing a commercial solar system is costing your business thousands of dollars in potential rebates & energy savings.

To dive deeper into the available rebates, including state-level rebates and tax incentives read our dedicated page on commercial solar rebates.

Solar System Costs

The cost of commercial solar systems in Australia can vary depending on several factors, including the size of the installation, location, system components, installation complexity, and any additional features or services required. Commercial solar systems are often priced based on the cost per watt of installed capacity. Please use the following as a rough guide of commercial solar pricing.

Typical Cost per Watt (<30kW)

  • As of April 2024, the average cost per watt for commercial installations under 30kW installed capacity, ranges from $0.90/W to $1.10/W, though prices vary based on factors such as installation location, quality of components and installation complexity.

Typical Cost per Watt (30-100kW+) AKA 'The Sweet Spot'

  • As of April 2024, the average cost per watt for commercial installations over 30kW and under 100kW installed capacity, ranges from $1.00/W to $1.25/W, though prices vary based on factors such as installation location, quality of components and installation complexity.
  • Optional features such as battery storage, monitoring systems, and maintenance services can add to the overall cost of the system.

Typical Cost (100kW+)

  • The cost of systems larger than 100kW varies greatly due to installation complexity, and engineering costs. Request a commercial solar proposal and we will match your request with our network of installers to provide an energy audit, and obligation free quotes.

For businesses considering solar, it's crucial to:

  • Obtain quotes from reputable providers.
  • Evaluate system specifications, and costs carefully.
  • Ensure that the chosen solar installer optimises your energy tariff.
  • Explore available incentives and financing options.

By following these steps, businesses can make an informed decision that aligns with their specific needs and budget.

Financing your Solar?

When considering your solar energy investment, you have three primary finance options: Capital Purchase (CapEx), Power Purchase Agreement (PPA), and Lease/Chattel Mortgage. Each of these options presents varying upfront costs, maintenance choices, and potential returns on investment.

A solar system can slash your organisation's energy costs, and if you opt to purchase the system outright (CapEx), you can expect an ROI of 20% - with the system typically paying for itself in under 5 years.

Power Purchase Agreements (PPAs) and loans can also be structured in a way that offers cashflow positive outcomes from day one, making your CFO very happy indeed.

We dive into the benefits of each style of system financing on our dedicated commercial solar finance page.

Operation & Maintenance (O&M)

The Clean Energy Council (CEC) requires installers to provide a maintenance schedule to commercial customers. Great installers will often provide tailor make an O&M schedule that they will typically conduct themselves.

Your Solar Quotes recommends having an electrical inspection conducted bi-annually, which often includes solar panel cleaning. A typical electrical inspection will involve examining inverters, protective and isolation devices, fuse enclosures, mounting structures, solar modules and connecting cables for signs of discolouration or degradation.

Obtaining Quotes

CEC accredited installers

The Clean Energy Council (CEC) is the organisation that oversees the solar industry and certifies that an installer has all necessary technical and administrative knowledge to install solar PV systems in Australia. If a solar installer is accredited by the CEC, the business owner can rest assured knowing that the installation is completed to a high level of workmanship, and that it will comply with all legal requirements in order to secure your Government Rebate.

Find the best deal on commercial solar

If you’re considering installing solar power on your business, we have done the due diligence on over 801 CEC Accredited solar companies who will go above and beyond for you. Their reputations are built on years of providing extraordinary service to our past customers, and you can rest assured that your solar investment is in safe hands. By partnering with Your Solar Quotes, your business can confidently navigate the journey towards a sustainable, and cost-effective solar energy solution.

Enter your details below or give our friendly team a call on 1300 660 848, and we will arrange your obligation-free commercial solar quotes today!

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