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Get a QuotationBenefits Of Solar At Your Business
Solar Red does not only install solar systems for households but also for businesses from small businesses such as car smash repairs, shops and more to larger scale businesses such as hotels, pubs and more.
We provide our customer with the best recommendation and the best product for their business to benefit them and increase their profit by having solar power reduce one expense which they cannot get away from – ELECTRICITY!
We have installed solar for commercial properties all over NSW including both metro and regional areas. We want our customer to save on their electricity bill. We want businesses to see how their bills can do down with solar power. For those who use the power at night time, we have the solution for you. Energy storage are available for you to use the power at night time while you are operating. At Solar Red, we have a solution for all our customer and plan to satisfy all their needs.
Instant Asset Write-Off
THE WRITE-OFF THRESHOLD OF $20,000 HAS BEEN EXTENDED TO JUNE 2018 Using the simplified depreciation rules, assets costing less than the instant asset write-off threshold are written off in the year they are bought and used, or installed ready-for-use. This applies irrespective of whether the asset is purchased new or second-hand.
The current threshold is $20,000. While only the taxable purpose proportion is deductible, the entire cost of the asset must be less than the threshold.
If you bought an asset before 1 July 2017 and it costs less than $20,000, you can immediately deduct the business portion in your 2017 tax return.
You are eligible to use simplified depreciation rules and claim the immediate deduction for the business portion of each asset (new or second hand) costing less than $20,000 if: you have a turnover less than $10 million (this has increased from $2 million), andthe asset was first used or installed ready for use in the 2016-17 income year.
Reduce Operating Costs
Businesses operate mainly during the daytime when the sun is shining which enables the business to get the most out of their solar systems. With $0 upfront, a business’ cashflow is not affected and the operating costs of the business is reduced as the electricity bill decrease significantly.
With only a short payback period, this liability turns into an asset.
Investing in solar season will generate a long term savings and a quick payback
Grants And Incentives
Electricity prices have increased sharply in the last decade by up to 63%. This only indicates that the prices with only continue to increase significantly over the next few years.
Because of the SRES, solar power is now a lot more affordable than what it was several years ago. You can now have solar fully installed on your roof and not have to put down a deposit for it on a payment plan. That’s right, you pay nothing upfront. Financing your solar system should not be complicated.
Solar Red offers flexible payment options with very low fortnightly repayments so that you can choose what’s right for you.
Let’s See If Your Business Looks Perfect For Solar.
Call Us NowInstallation of PV panels: Photovoltaic (PV) panels are placed on your roof. If possible, the panels will be north facing, or north-east or north-west facing, so that they are able to capture the most energy possible.
Collection of sun’s rays: The solar panels on your roof collect the sun’s radiance during the day. They are made of silicon and only need the sun’s radiance to work, so even on a cloudy day they will still generate power – albeit with lower production than on clear days.
Conversion to DC power (panels): As the PV panels collect the sun’s rays, they convert them into Direct Current (DC) electricity.
Conversion to AC power (inverter): This DC power is then sent to an inverter which converts that DC power into Alternating Current (AC) electricity. The inverters we use are made by leading manufacturer Enasolar.
Power is sent into the home: The converted AC power is then fed into your home’s wiring system, where it will power your lights, appliances, or anything else that uses electricity in your home. (At night, the solar panels aren’t able to produce power, so you switch back to drawing power directly from the grid).
Credit for unused electricity: If you produce more power from your PV system than you are actually end up using in your home, the excess power is automatically fed back into the public grid, and you will be given a credit for that contributed electricity by your power company (not all power companies provide credit so it pays to shop around).
An export / import meter is installed by the power company to monitor how much is being imported or exported during the day so they know how much to charge you at the end of the month.
Let’s See If Your Business Looks Perfect For Solar.
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Let’s See If Your Business Looks Perfect For Solar.
Call Us Now