Debunking solar power myths in UK businesses: Experts reveal the truth and benefits.

Geo Green Power dispels the biggest myths surrounding commercial solar energy in 2024, addressing the concerns about panel efficiency, payback periods, installation costs, unpredictable weather, and maintenance. Despite the hesitations from many UK businesses regarding energy costs, Geo Green Power highlights the immense benefits of embracing green energy.

According to a survey, over a third of UK businesses have had their growth impeded by unpredictable energy costs, yet almost half of these businesses have no plans to increase their onsite energy generation capacity in the next two years.

So, what is holding businesses back from transitioning to on-site renewables? Energy experts at Geo Green Power debunk the misconceptions around solar energy, shedding light on how businesses can thrive with green energy solutions in 2024 and beyond.

1. Solar panels are inefficient and won’t power your business

The advancements in photovoltaic (PV) technology, better materials, improved manufacturing processes, and more sophisticated system designs have significantly improved the efficiency of solar panels. Higher-efficiency solar panels require less space to produce the same amount of electricity as lower-efficiency ones, enabling businesses to scale up their energy generation more easily.

James Cunningham, managing director of Geo Green Power, emphasises the importance of higher-efficiency solar panels, citing a successful installation on multiple Inchcape UK sites. These installations allowed car dealerships to operate entirely “off-grid” during the summer, leading to significant cost savings year-round.

2. The long payback period for panels makes them an unworthy investment

Commercial solar installations can result in substantial cost savings in the long run, especially on south-facing roofs with ample sunlight. Medium-sized installations can save businesses over £10,000 a year on energy bills, with a payback period of around 4 years.

Geo Green Power’s installation for West Coast Corrugated exemplifies the benefits of commercial solar, delivering full payback within 5 years and continued savings for over 20 years. These systems protect businesses from volatile energy markets and provide a reliable source of renewable energy.

3. Installation costs are too high

Contrary to popular belief, installation costs for solar panels have decreased significantly, making them more affordable for businesses. Factors like system size, panel location, and access requirements influence the final cost, which can range from £40,000 for a 50kW system to £300,000 for a 500kW system.

Businesses interested in investing in solar technology may access grants through various Local Authority and National Government funding schemes, including the Smart Export Guarantee (SEG). With solar costs decreasing by 82%, solar power has become a viable option for businesses seeking long-term cost savings and environmental benefits.

4. The unpredictable British weather makes solar a bad option

Despite the UK’s variable weather conditions, solar panels can significantly reduce energy costs and carbon footprints. Modern solar panels can generate electricity from both direct sunlight and diffused light, making them effective even in cloudy weather.

James Cunningham assures that solar panels can operate efficiently in the UK’s weather conditions, generating electricity even during the winter months. While there is seasonal variation, solar panels can still provide power year-round.

5. It costs a lot to maintain solar panels

Contrary to popular belief, solar panels require minimal maintenance due to their simple construction and lack of moving parts. With proper installation and regular servicing, solar panels can last over 25 years. An annual service is recommended to ensure optimal performance and address any issues promptly.

In conclusion, the benefits of switching to solar generation are substantial, offering cost savings, energy security, competitiveness, and a contribution to decarbonisation. Businesses can tap into the advancements in solar technology to make systems more efficient and cost-effective, providing opportunities for commercial properties to embrace renewable energy.

For more information, visit: Geo Green Power

This article originally appeared in the July/August 2024 issue of Energy Manager magazine. Subscribe here.