Making the most of green energy sources is vital for today’s organizations
Climate change is one of the most significant issues of the modern age, so it’s no surprise that organizations across all industries feel the pressure to be more economical when it comes to their energy use.
Today’s businesses must prioritize renewable energy to find long-term success, and it’s essential to do your homework before committing to a single sustainability solution.
What’s the best way to get renewable energy for business?
There are several factors you’ll need to consider to commit to renewable business energy, such as checking whether you need planning permission and uncovering any connection requirements. A business renewable energy site survey is another necessity used to determine the best renewable solution for your business. You should also check that your installer is government-approved, meeting all legal and regulatory obligations.
There are several options when it comes to business renewable energy
There is no right or wrong answer for renewable energy for business. It all depends on your specific organization.
Some of the most popular options available for renewable energy for business are Solar PV panels, wind power, and solar thermal energy. Biomass systems are another popular option, as they generate electricity and heat by burning organic material like wood. Similarly, anaerobic digestion burns plant or animal waste for energy usage.
There are also geothermal and ground source heat pumps, which use low-level heat naturally contained in the ground. Hydroelectric power, another option, generates electricity from flowing water in a turbine.
What are the costs involved in business energy tech?
The cost of renewable energy for businesses can vary but are generally relatively high. You’ll have several years to pay these costs back in many instances.
These costs could be £4,000 (hydroelectric), £5,000-£10,000 (Solar PV panels), £11,000-£15,000 (geothermal and ground source heat pumps), or even up to £32,500 in the case of combined heat and power.
Sustainability is the future for business energy
Renewable energy technology is constantly evolving, with sustainability methods accessible to companies across all industries. These include:
- Wind generation: taking advantage of the power created by waves that crash on and around the shores.
- Enhanced geothermal: generating heat by using hydraulic stimulation to pump water into porous rock.
- Solar power from space: generating solar power from space for use back on Earth, rather than generating solar energy from the ground.
- Artificial photosynthesis: using nanotechnology to store solar electromagnetic energy in chemical bonds.
Why choose green energy for business?
The cost of renewable energy for businesses can be high, so understandably many companies are wondering why they need to be more sustainable at all. However, there are many potential benefits to renewable business energy.
Not only can it lead to more stable energy costs and sustainable energy, but it can also result in more manageable energy usage that’s not dependent on fluctuating costs. It can also be another income as you sell electricity back to the grid.
You may also find that your reputation as a business improves as your emissions reduce, and you’ll gain access to energy subsidies, as well as exemption from the CCL (Climate Change Levy).
Which tech is the right tech for your business?
There are several key factors you’ll need to consider when choosing the right green energy for business, such as the goals of stakeholders, the location and size of your business, and what your reasons are for wanting to invest in renewable energy. These could be simply to lower your bills, increase your revenue, or reduce your carbon footprint. You may also be prioritizing the perception of your business among potential customers.
Is there funding for green business energy?
The Green Deal, Enhanced Capital Allowances, Salix Finance, and the Renewable Heat Incentive are all options you can research and consider when seeking funding for your renewable energy investment. You can also consider taking out a business loan and paying back the costs over time.
Speak to Consultiv Utilities for help and support
If you want to make sense of your business energy, Consultiv Utilities can help. They will work with you to highlight saving costs while also prioritizing greener energy methods. Consultiv will help you can find premium renewable energy for business that saves you costs and meets your needs.
Hence, it is known from the above discussion that you must do the needful to prioritize renewable energy in your business. It will thus benefit both the climate and your business.
