Businesses in Ireland can achieve significant cost savings by switching to solar energy. The exact amount saved depends on factors like energy consumption, system size, and electricity rates, but on average, solar panels can reduce electricity costs by 30% to 50%. With electricity prices continuing to rise, solar is becoming an increasingly valuable long-term investment for businesses looking to control operating expenses.
A small business installing a 6kW solar system (approximately 15–20 panels) could save around €2,400 per year on electricity bills. A medium-sized business with a 20kWp system could see savings of €6,000 or more annually, while larger businesses with a 50kWp system or higher can save upwards of €15,000 to €20,000 per year. These savings mean most businesses recover their investment within 4 to 7 years, after which they enjoy decades of free electricity.
In addition to direct energy savings, businesses can further benefit from government grants and tax incentives. The SEAI offers grants of up to €162,600, significantly reducing upfront costs. Through the Accelerated Capital Allowance (ACA) scheme, businesses can also claim 100% tax relief on solar investments in the first year, improving cash flow and making solar adoption more affordable.
Another key financial advantage is the ability to sell excess solar energy back to the grid. Under the Microgeneration Support Scheme (MGSS), businesses can export unused electricity and receive payments of up to 25c per kWh, creating an additional income stream while maximizing energy efficiency.
By investing in solar, businesses can reduce operating costs, improve energy security, and enhance their sustainability credentials. With fast payback periods and strong ROI, commercial solar panels are an effective way to future-proof against rising energy costs and drive long-term financial savings.
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Energy Management Ireland
Energy Management Ireland
A Trading company of
AM Solar Energy Ltd
Email: info@energymanagement.ie
Phone 01 -2895038
Nationwide Mobile Sales & Tech Support
087 7037922