Commercial solar power systems are a whole new ballgame compared to residential ones, as businesses have far more to consider than just power bills.
Realising this, Sunstainable has developed an impressive portfolio of corporate clients who trust our delivery of commercial solar systems Melbourne and Australia-wide.
If you’re considering becoming our newest solar partner, check out the points below to decide if the solar switch is right for you and your business.
Save Money for Other Business Areas
In 2020, the Australian Competition and Consumer Commission (ACCC) found that small businesses with rooftop solar paid almost one-third (31%) less for their energy costs than those with solar power.
This was despite the solar powered companies using more electricity than grid-powered businesses.
For small businesses, this fraction results in a cost reduction of just a few hundred dollars, but imagine the benefit to a larger business where power bills are in the tens of thousands of dollars!
This money can then be put towards other business areas such as rent or staff bonuses!
Increase Investment Sentiment
For start-ups and established medium to large businesses, investor sentiment is pivotal to success.
Many examples point to the fact that businesses with strong ESG (environmental, social and governance) credentials have enjoyed a rise in interest from customers and investors this century.
In 2020, sustainably-focused funds in the US reached more than $50 billion after they were worth $21.4 billion in 2019 and $5.4 in 2018.
This tells us that green initiatives such as switching to solar power – or simply planning to – can boost your company’s top line and keep it in the good books among the community.
Additionally, as the sentiment towards your business improves, customers are more likely to opt for your sustainable products and services.
One study found that half of the 25,000 consumers surveyed have reimagined their buying habits to prioritise what’s most important to their personal values.
Of these reimagined responders, 75% said they preference brands that source services and materials in highly ethical ways.
This is just one of a number of statistics that Sunstainable presents to businesses as they consider installing commercial solar systems.
But that’s not all…
Just as external sentiment grows around your company, you should also want it to grow inside your four walls too. This way, your staff will be feeling their best to produce and provide the best products and services your company can offer.
As more Millenials and Gen Zs begin their careers, multiple studies like this one by Marsh McLennan point to the correlation of strong ESG credentials and effective talent attraction and retention.
MarshMcLennan found that companies with strong employee satisfaction have ESG scores 14% above the global average.
And while Millenials and Gen Zs will make up more than 70% of the global workforce by 2029, it will be important to consider that nearly 40% of these age groups have opted for one job offer over another based on sustainable practices.
Why Choose Sunstainable?
If all of this isn’t enough to get you up there installing the solar panels yourself (which we do not recommend!) get in touch with Sunstainable to learn more about the benefits of commercial solar systems. We just love solar powered energy! Whether you need a solar system for your business, organisation or home, we provide options that can make all the difference to your bills and your life. Get in touch today!