We aim to gear you up with extensive (yet clear & simple), relevant data so that you are equipped to make a wise decision as to whether you should invest in a solar PV system for your business in Sydney or throughout NSW.
To give you some insight, the following is calculated by our team and given to you in a presentation with graphs, energy saving figures, CO2 reduction and we remove the irrelevant bells and whistles to give you clear, simple and usable data that you want in front of you in order to make an easy decision.
- Return on Investment figure (ROI)
- STC Discount (applied at point of sale)
- Annual energy savings
- Total energy savings over 15 year performance guarantee of solar panels
- Internal Rate of Return (IRR)
This brings me to the main point of this article, the internal rate of return (IRR). IRR is a great way of determining if you should invest in anything and, in this case, the commercial solar panels. That’s why we include the IRR in every commercial solar PV proposal.
It is basically an interest rate that allows you to determine your rate of return!
It allows you to say to yourself, “okay, if I put my money into this solar PV system, my interest rate/rate of return will be X as opposed to if I invest my money elsewhere I will get an interest rate/rate of return of Y”.
The IRR of our commercial clients range from 13% – 30% which is fantastic! Especially if you consider that you would only earn a maximum of 2.95% if you deposited your cash in a term deposit with a bank today. Compare our IRR to other investments you may be considering and see if your rate of return/interest rate is as high as the IRR that you will receive by investing in a solar PV system. We are confident that we can offer you a very attractive rate of return.