Solar power for small business in australia

What is the cost of commercial solar in Australia?

As of early 2024, good quality commercial solar power in Australia costs approximately $1,000 – $1,300 per kW installed, or as low as $800 per kW for larger systems (20-30kW).

What incentives are available for business customers with solar power?

There are several types of grants, rebates and incentives that business customers with solar power can be eligible for: STCs are part of the Federal Government’s Renewable Energy Target scheme. This scheme gives Australians a financial incentive to install renewable energy systems. You can generate STCs with an eligible solar power system.

Are commercial solar systems eligible for a financial incentive in Australia?

In Australia, commercial solar systems with a capacity of 100kW or smaller are eligible for a financial incentive known as the “STC program”.

When do commercial businesses use solar energy?

Unlike households, most businesses operate and use the vast majority of their electricity between 9am-5pm. This makes Australian commercial enterprises an ideal fit for solar systems.

Can a business afford to install solar power?

Here’s the bottom line: If your business can afford to pay its electricity bills, it can afford the cost of commercial solar power. Unlike households, which tend to use more energy before 9am and after 5pm, most businesses operate (and therefore use the vast majority of their electricity) between 9am-5pm.

Are solar panels tax deductible in Australia?

Your business may be able to benefit from tax incentives for installing solar . Speak to your tax advisor or accountant, or contact the Australian Tax Office. The best rooftop solar system size for your business depends on how much electricity you use, when you use it, your budget, and the amount of sunny roof area available for the solar panels.