With the promise of energy-bill savings, reduced reliance on the grid and a step towards sustainability, most business owners are enthusiastic about the idea of going solar.
That is, until they see the price tag.
For SMEs in the UK, a commercial solar system can cost upwards of £10,000 . For larger facilities or businesses adding storage, that figure can exceed £50,000.
So, how can the average business justify that kind of investment?
Simple: you’re already spending the money – just without the benefits of renewable energy.
A smarter way to use your existing energy spend
Smart Ease Payment Plans were designed to remove the upfront cost barrier of switching to solar.
With a £0 upfront Smart Ease Payment Plan, your business can enjoy the benefits of solar straight away, paying for the system over time through manageable monthly instalments. In many cases, these repayments are less than the savings on your energy bills, making the investment cash-flow positive from day one.
Instead of a large upfront cost, you simply replace part of your existing energy spend with monthly repayments. The difference is that, with this model, you’re investing in your own clean energy asset rather than your energy provider’s profits.
Example scenario
· Your business currently spends £1,000 per month on energy bills (£12,000 per year).
· You install a £25,000 solar system using a £0 upfront Smart Ease Payment Plan.
· Once the system is operating, your monthly energy bill drops by 60% to just $400. Your business is now saving $600 per month.
· Your Smart Ease repayments are £551.09 per month.
· As a result, each month, your energy-bill savings are covering your repayments. In fact, your overall monthly energy expenditure has actually decreased byclose to £50 per month.
· Over five years, factoring in electricity price rises, those savings add up to over £5,000.
The bottom line
If the cost of energy-efficiency equipment is holding you back from decarbonising your operations, remember this: if you can afford your current energy bills, you can afford solar.
And the sooner you make the switch, the sooner you’ll start enjoying the savings!
Find out how Smart Ease Payment Plans could help your business afford solar now