What are the advantages of using solar as a source of energy for a small to medium enterprise (SME’s) in 2021?

Mar 18, 2021 | Tips, Uncategorized

What are the advantages of using solar as a source of energy for a small to medium enterprise (SME’s) in 2021?

Small to medium enterprise

As a small or medium business owner, one of the highest overhead costs facing your business is the cost of electricity. The advantages of using solar for SMEs is seen because, being reliant on the commercial power grid (ZESA) in Zimbabwe means you are a subject to electric rate fluctuations. Sudden price increases add uncertainty to your business, especially to your cash flow management. Now its time to lessen that load and look at how your business can benefit from solar panel installation.

Solar power energy is rapidly becoming the mainstream alternative energy source in Zimbabwe.  Many businesses can resort to solar energy which is not only affordable but the most untapped resource in the country https://www.get-invest.eu/market-information/zimbabwe/renewable-energy-potential/. At first glance, you might not think solar energy is unaffordable but think again. Solar materials are reasonable in prices and now offer excellent benefits to organizations like yours.

The advantage of using solar for SMEs is it cuts overhead costs

Switching to solar power is a big step. There is no doubt that the advantages of using solar for SMEs come with reducing your electrical bills by a significant margin. An average small or medium enterprise business in Zimbabwe can reduce its electrical overhead by three quarters. That starts immediately after converting to solar power and continues at that rate for the rest of the system’s life.

The advantages of using solar for SMEs is you’ll get financial reassurance with solar power. When you’re self- sufficient or semi- sufficient on solar power, you’re immune from billing spikes and inflation. Being dependent on the commercial power grid means you are at their mercy for seasonal or supply shortage cost increases.  As a business you will also be protected from inevitable inflation as electrical bills keep climbing, year by year.

As a business having your private power production provided by the sun means you’ll always know what your overhead costs are. You are in control of cutting electrical overheads as you see fit. You’ll always have the same rates unless you choose to add to your electrical load. You’ll also have the peace of mind knowing you are price protected.

Longevity and Sustainability of Solar Energy

The advantage of using solar for SMES is Longevity and sustainability of solar energy

Many businesses don’t realize it, but commercial electrical power is a commodity. Its bought and sold based on supply and demand. When you draw from the power grid, you are subject to current market forces and user rates. You’re not protected from future costs.  That’s because futures are unpredictable. However, if you resort to solar you have predictable costs. Solar power is the future solution to low overhead electrical production.

By converting to solar energy, you’re making an investment in the future of your bottom line. Like the stock market where investors bet on future markets, you can hedge your electrical bet by installing a self-contained solar generation system. With solar power, you benefit from lowering your electrical consumption costs and protecting your company’s future.

The advantage of using solar energy on SMEs is energy independence.

The advantage of using solar energy on SMEs

Independence from commercial energy supply sources is another chief benefit you’ll get by converting to solar power. By investing in a self-contained solar system, you can reduce or remove your dependency on your local power company.  Besides saving your significant money in overheads costs, you’ll have the assurance of a reliable electric supply regardless of what happens to the commercial grid.

Properly designed and installed solar panel systems are completely reliable.  With solar energy, you the option of sorting electricity through a battery system. Power is always there when you need a back- up such night time or fading light.

Investment with continuous financial and environmental returns.

The advantage of using solar on SMEs is investment with continuous financial and environmental returns

Although the cost may initially seem high, its’ an investment that will continue to help your bottom line. Depending on the size of your solar system, it can pay for itself in a couple of years while you benefit from lower or zero electric bills. Businesses of all sizes are finally recognizing that a solar electric energy system is a key strategic decision that guarantees a solid financial return for years to come.

In conclusion if you are Small to medium enterprise (SME) ready to make a change to your power supply as well as cutting your overheard costs, contact Taqon Electrico to get the job done. We offer the best services that include fix and supply and labor for your solar installations.