EXPLORE OUR SOLAR FUNDING OPTIONS
EXPLORE OUR SOLAR FUNDING OPTIONS
CAPEX Price is site-inspection dependent. ROI typically ranges from less <3 years for 100kW to 2-5 years for larger setups. Commercial solar costs are at a record low, ensuring attractive returns for businesses.
WHY CHOOSE KUGA ELECTRICAL?
We get better quality results because we don’t use subcontractors
Kuga Electrical is the only company in the TOP 5 commercial solar installers to undertake the installation themselves. This allows Kuga to have a strong quality process and effective project management on site. Additionally, all project managers are also CEC approved A grade electricians that have performed the works themselves for many years within Kuga and they are best to train and develop the installation team, from Apprentices, Labourers to A Grade electricians.
Kuga is vertically integrated
Kuga’s business model seems to be based on a vertical integration strategy, where it exerts significant control over its supply chain and manufacturing processes. Vertical integration involves a company engaging in various stages of production, from sourcing raw materials to manufacturing and distributing the final products. However, the success of this strategy depends on effective management, high-quality products, and responsiveness to changing industry dynamics.
After Service Maintenance
Our company takes pride in offering a 10-year workmanship warranty, surpassing most competitors in the industry. We believe in the quality and durability of our installations, which is why we provide this extended warranty to our valued customers. Moreover, our commitment to exceptional service goes beyond just the warranty. However, should an on-site visit be necessary, we guarantee our team will be there within 48 hours to address any concerns and ensure optimal performance of the system.
DOWNLOAD OUR SOLAR FAQ’s
DOWNLOAD OUR SOLAR FAQ’s
1. Enhanced Energy Independence: By harnessing solar power, businesses can become less dependent on traditional electricity sources. Generating their own clean energy empowers businesses to have more control over their energy supply and reduce their vulnerability to fluctuations in energy prices or supply disruptions.
2. Favorable Return on Investment (ROI): Investing in solar energy can provide businesses with a great return on investment. The cost savings achieved through reduced electricity bills can help offset the initial investment in solar panels and related equipment. Over time, the savings can contribute to significant financial gains for the business.
3. Government Rebates and Incentives: Businesses in Australia can take advantage of various government rebates, incentives, and Small-scale Technology Certificates (STCs) to support their solar energy investments. These incentives help reduce the upfront costs and make solar installations even more financially attractive for businesses.
4. Improved Sustainability Credentials: Adopting solar energy showcases a commitment to environmental sustainability and demonstrates corporate social responsibility. By investing in solar power, businesses can enhance their green credentials, which can be appealing to environmentally conscious customers and stakeholders.
In conclusion, the adoption of solar energy by businesses in Australia provides numerous advantages, including reduced operating expenses, carbon emissions reduction, increased property value, energy independence, a favourable return on investment, government incentives, and improved sustainability credentials. Investing in solar power positions businesses for a more cost-effective and environmentally conscious future.
As the name states, the CAPEX model involves the customer paying for the installation of the solar plant, so the asset belongs to the customer. Even if the business has adequate space for setting up the solar power plant, or the company is able to make the upfront investment needed to own the solar power plant, a solar Capex model should be explored.
A Power Purchase Agreement For Solar is a long-term contract to purchase the electricity that is generated by these solar PPA panels installed on your premises. This arrangement is made between a retailer (or generator) and a purchaser (or off-taker) for the purchase of electricity. Electricity is generated by the PV system and is charged at a kWh rate for the total production of electricity by the consoles or by the site consumption. This is known as either a Production or a Consumption Solar PPA. The arrangement is typically between 7 to 30 years and usually has an annual price increase for the duration of the term. This consensus has no upfront cost, however, the purchaser needs to buy the kWh as agreed in the PPA agreement.
Solar PPA Agreement is suitable for:
• Solar only projects
• Battery Storage projects
• Off-Grid Solar, and Diesel Generator projects
Indeed, solar power has become increasingly cost-effective and can provide significant financial benefits for businesses. The example you provided demonstrates the potential for a solar power system to generate positive cash flow from day one. Here’s a summary of the key points:
1. Cost Savings: Solar power can be cheaper than electricity from the grid, resulting in immediate savings on power bills. Businesses can offset or even eliminate their reliance on grid power by generating their own electricity through solar panels.
2. Cash Flow Positive: A solar power system can be cash flow positive, meaning the savings generated from reduced energy bills are greater than the finance payments for the system. This translates to a net profit, where money is effectively taken out of the energy provider’s pocket to cover the costs of the solar system.
3. Instant Asset Write-Off: In some cases, businesses may be eligible for government incentives such as the instant asset write-off scheme, which allows them to write off the cost of the solar system (up to $30,000) in the year of purchase. This further reduces the financial burden and enhances the return on investment.
4. Tailored Feasibility Analysis: To determine the specific benefits of solar power for a business, it is important to conduct a feasibility analysis. This analysis considers factors such as roof size, orientation, cost per kW, and energy consumption profile to assess the potential cost savings and financial viability of a solar power system.
By considering these factors and conducting a feasibility analysis, businesses can determine the potential financial benefits and make informed decisions regarding the installation of a solar power system. The combination of cost savings, positive cash flow, and potential government incentives make solar power an attractive investment for businesses with average to large power bills.
No matter what size your business, switching onto solar can be a smart move. For 9-5 businesses in particular, solar panels are ideal. A well-designed commercial solar power system can be cashflow positive from 1 day.
Now, there are several generous business solar rebates in Australia that make solar an even more attractive business proposition.
This page describes some of the commercial solar rebates available to help accelerate the payback time for business solar in Australia, namely:
1. Federal Government business solar rebates
2. Feed-in tariffs
3. State government commercial solar rebates
Kuga can advise you on grants for solar power for your business. For more information on any of the below, contact our commercial solar experts via our online form.
An energy audit can help your business identify gaps and opportunities in your power expenditure. Our expert electricians will assess your electricity requirements and customise a solution uniquely crafted for your business with the best ROI. You might find thousands of dollars in saving that can improve your business and make it more efficient.
At 13 Kuga, we are intent on providing affordable and renewable electricity solutions to businesses across Australia. We offer energy audits and assessments to help these companies save money on their power use. We have the finest technicians on our team, invested in making sure our clients remain happy and satisfied with our services. With our help, you can guarantee that your electricity will have all the power it needs.
CHECK OUR LATEST VIDEOS
Explore our recent projects and Youtube channel to see how we carefully execute our installations to meet the unique business requirements of our customers. From large-scale solar roof installations to LED lighting upgrades and solar battery storage systems, there’s no project too big or small for our team
Get In Touch, We Love Talking Solar!
Have an inquiry for us?
Fill out the form below to contact us!