Solar energy adoption by Australian businesses continues to rise, with many companies taking advantage of the available proven solar technologies and price competitiveness to help meet their energy and sustainability goals. Before investing in solar, however, it’s important to do your research so you can make the right energy investment decisions – and avoid any potential pitfalls.
This article shares some tips to help you get your solar decision right from the start, to know what to look out for when choosing a solar provider, and what you should consider when contracting.
Before you start to explore contracts and solar providers, there’s five important things to consider about your own operation:
Solar energy systems may be eligible for small-scale technology certificates (STCs), large-scale generation certificates (LGCs) and Victorian energy efficiency certificates (VEECs), which might help you reduce your project costs or meet your environmental goals or obligations. By exploring these early in the process, you might improve your solar business case and even help you get your project over the line.
It’s important to be aware that certificates have a market value and changes to these prices might affect your project’s business case. For example, the spot market price for STCs and VEECs may be lower when you commission your system than when you planned your project. For greater price certainty, it may be possible to agree a fixed price for your certificates when you contract with your provider.
With the rapid uptake of solar in Australia, the market is saturated with solar providers. Do your research to know the business you’re contracting to and find out:
This could save you from contracting with a company that lacks the transparency, experience and credentials that you can count on. When businesses choose price above quality products or reputable partners, they run the risk of choosing a solar company that may no longer exist when called upon to service warranties, pay liabilities, etc.
Tip 4: Make informed contracting decisions
There are a few important things to consider when contracting with a solar provider, including:
Above all, make sure a comprehensive legal review of solar contracts is performed before you sign and that you have an energy expert working with you to help you make the right energy decisions for your business.
Shell Energy is a trusted name in energy solutions, including solar planning and delivery. Our team of energy experts has a deep understanding of the wholesale and retail markets and has the technical understanding and proven experience in solar that you can rely on. Get in touch with us today to discuss your solar needs at [email protected].
14 October 2021
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