Will solar panels remain profitable for businesses?

Demand for solar panels is falling. However, for businesses, solar panels remain profitable. Read more about strategic energy management, local electricity exchange and the rise of smart batteries.

Keeping solar panels profitable for businesses

The demand for solar panels is decreasing, according to a story by Nieuwsuur. This seems to be a consequence of reports on the phasing out of the net-metering scheme and the possible fees for feeding electricity back to the grid. The question on many entrepreneurs' minds is whether solar panels will remain profitable for businesses. The short answer is: yes, they definitely are. In this article, we look at why this is so and identify three explanations.

Smart energy management

Many businesses use the most power at the times when solar panels are generating maximum power. This means that the power generated can be used immediately on site and little or nothing is fed back to the grid at all.

Is this not already happening at your company? You can also put extra effort into smart energy management. For instance, by scheduling processes that consume a lot of electricity around noon, when the solar panels have the highest output. This further minimises surplus electricity.

Local electricity exchange

The net-metering scheme did not apply to companies with a large grid connection anyway. And since these types of companies often cannot install enough solar panels to cover their total consumption anyhow, they will rarely, if ever, feed electricity back to the grid in the first place.

Does your business have a surplus of energy? You could look at selling surplus generated electricity to other companies in your area. One way to do this is through an energy hub, where electricity is exchanged directly between companies. Added bonus: thanks to such a hub, your neighbours obviously no longer need to buy electricity from the grid.

Smart batteries

Finally, we would like to mention storing solar energy in smart batteries, which allow you to make optimal use of your own solar energy. This is because smart batteries allow you to store excess energy for later use, even during periods when demand is high and the sun is not shining.

With the prospect of the abolition of the net-metering scheme and the possibility of having to pay for supplying energy to the grid, the role of smart batteries becomes even more relevant. Indeed, instead of supplying energy back at a lower charge or even for a fee, excess energy can now be stored in batteries for later use. Switching off solar panels will also become an option in the near future. When you don't need the energy yourself or the battery is fully charged, this is a valid option.

The combination of solar panels and smart battery technologies offers companies flexibility and control over their energy supply, even in a changing regulatory environment.

Conclusion

Investment in solar panels, especially on company roofs, remains a profitable choice as far as we are concerned. In addition, by applying smart strategies, entrepreneurs can not only be self-sufficient, but even contribute to sustainability on their business park as a whole. The combination of solar panels and advanced battery technologies opens up new prospects for companies to benefit from renewable energy while saving costs.

We are happy to help you with solar panels, smart batteries and many more energy and sustainability solutions. Feel free to contact us for more information.

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