Solar power is one of the most talked about energy sources today, and for good reason. It’s renewable, clean and can help you reach your net-zero targets. But there’s a lot that goes into making solar panels before they’re installed on your rooftops or land. Solar PV is a smart investment for businesses. By installing solar on your rooftops or certain parts of your land, you can reduce your energy costs, save money and help to reduce the greenhouse gases that cause global warming thus protecting our planet in the long run.
The simplest and cheapest solution that you can do is to start getting renewable energy by investing your cash capital. Investing in solar panels with your own money means that you will have full ownership of your solar assets for your business. This is a smart investment for those businesses that want to avoid interest that can pile up from loans and you can start to capitalise on your investment as soon as installed.
There are a few benefits that businesses can reap when they decide to invest straight-up for their PV solar system, one of the main ones is The Annual Investment Allowance, which allows businesses to deduce the full value of an item if it qualifies for the AIA.