To further encourage the adoption of solar PV systems among commercial entities, funding packages of between €2,700 and €162,600 have been introduced to encourage more businesses to install a solar PV system.
According to the Department of Environment, Climate and Communications, the grants, operated by the Sustainable Energy Authority of Ireland, will “support 20-30 per cent of the investment cost, reducing payback to as little as five years”.
In this blog post, we'll explore the grants specifically designed to encourage businesses to embrace renewable energy and invest in Solar PV systems in Ireland.
Here's what you need to know:
Eligibility: The grant is open to a wide range of commercial properties, including businesses, public sector organizations, and community groups. Eligibility criteria may vary, so it's essential to check with the SEAI or a qualified solar installer for the latest information.
Grant Amount:Funding packages of between €2,700 and €162,600 have been introduced to encourage more businesses to install a solar PV system. The amount can vary depending on factors like system size and location. It's crucial to evaluate the potential grant amount for your specific project.
Application Process: To apply for the Commercial Grant for Solar PV, you'll need to follow an application process. Typically, this involves working with an accredited solar PV installer who will guide you through the application and installation process.
Impact and Benefits: By investing in a solar PV system with the help of this grant, commercial properties can significantly reduce their energy bills, lower their carbon emissions, and contribute to Ireland's renewable energy goals. Solar PV systems offer a sustainable, long-term solution for businesses to generate clean electricity.
Additional Incentives:Firms which decide to install a solar PV system can also benefit from the Accelerated Capital Allowances (ACA) scheme, whereby the cost of the system can be offset against profits to reduce companies’ tax bills.
The Commercial Grant for Solar PV from SEAI presents a golden opportunity for commercial entities in Ireland to harness the power of the sun and embrace renewable energy. By reducing energy costs, cutting carbon emissions, and contributing to a sustainable future, businesses can not only strengthen their bottom line but also play a pivotal role in the country's clean energy transition.
To learn more visithttps://www.seai.ie/business-and-public-sector/business-grants-and-supports/commercial-solar-pv/
How many solar panels? A Guide For Business
How do commercial solar panels differ from domestic panels?
Solar panels for businesses average 1.9m x 1.2m and are larger than panels installed on the roofs of domestic premises, which normally measure 1.7m x 1.1m.
The larger panel means the wattage per panel is also typically bigger, usually 470-500W versus 400-430W for a domestic install.
The number of panels used by a small to medium-sized business (SME) can range between 30 and 140 panels, compared to an average of 12 used by family dwellings.
At DeCarb Solar Ltd, we are committed to helping businesses navigate the exciting world of solar energy. If you have any questions or need assistance with your solar PV project, please don't hesitate to contact us. Together, we can power a brighter, cleaner future for Ireland.