Solar panels as a Service: Save costs and increase your company's self-sufficiency

When it comes to green solutions for companies, solar panels are certainly among the best known and most widely used options, and for several important reasons. Solar energy is a renewable and inexhaustible source of clean energy, equipment installation is possible for the widest group of companies, and even if the initial costs are higher, the investment will usually be paid off within a few years. However, with our Solar panels as a Service model, even high costs do not have to be a problem for companies.

  • Published: 15. 08. 2023
  • Written by: Fuergy

Let's look at solar panels through the lens of numbers. First of all, this is a technology that pays for itself by producing electricity. Today, the payback period normally ranges from 7 to 10 years, with the service life of the technology reaching up to 30 years. It is also true that the higher electricity prices rise, the faster solar panels will pay for themselves.

What is Solar panels as a Service?

Solar panels as a Service, or solar panels for lease is a rental model available to companies through various providers, such as the energy supplier Slovenské elektrárne - energetické služby, s.r.o. (hereinafter only SEES). Under this financing model, SEES designs, purchases, installs and manages the solar panel system for the client and takes care of all the applications and permits necessary, as well as all maintenance and required service of the technology.

The total capacity of the solar panels is custom designed for each company according to the specifics of the installation and its diagram of its electricity consumption. The proposed capacity will ensure that a firm can always consume all the electricity produced. Within the concept of solar panels for lease, in the event of solar surpluses, SEES also handles the buyback of surplus electricity under optimal cost-effective conditions.

Buyback of solar surpluses

The consumption of solar energy where it is produced is currently the safest and most economical way of using electricity. Due to the relatively large number of solar power plants installed over the past few years, when the sun shines and most of them start producing energy, a surplus of electricity emerges in the power grid. In this situation, solar energy producers do not get paid for their solar surpluses but on the contrary, a fee is charged for the fact that the power grid operator had to deal with the excess electricity.

Who is the Solar panels as a Service model for?

This financing model is suitable for most companies. The only requirement is to have suitable conditions for the installation of solar panels with the potential of a viable financial return. The investment must also be attractive from the perspective of the supplier SEES, which finances and owns the green technology.

In addition to high electricity prices, the financial return of solar panels can also be affected by the need to carry out costly construction or electrical installation work, which can make the entire installation more expensive, extending the payback period.

Economic and ecological benefits

Back to the equations. Under the model Solar panels as a Service, the income from locally produced electricity is always higher than the leasing fee for the solar panel system. Thus, from the first day, companies are so-called cash-flow positive. Or in other words – the cost of leasing solar panels is lower than the cost of electricity consumption from the power grid.

In addition, the company becomes more energy independent and reduces emissions produced during operation. This savings can subsequently be reported in the ESG reporting.

Possibilities of expanding solar panels with the brAIn battery storage

Saving does not have to end with solar panels. For maximum use of solar electricity, it is advisable to pair it with the brAIn battery storage. Solar surpluses are not sold, but stored in batteries and used later. This is just one of the many advantages that the brAIn battery storage offers. Just like solar panels, battery storage can also be obtained by a company free of charge in the form of a lease.

Benefits of the Solar panels as a Service model:

  • immediate savings in costs and CO2 emissions
  • total cost savings of 5 to 10%
  • top-notch solar panel technology
  • zero worries about applications and permissions
  • greater energy self-sufficiency
  • better resilience to rising energy prices
  • solar surplus buyback agreement as part of the solution
  • service and maintenance directed by the technology supplier
  • option to pair solar panels with the smart battery storage brAIn.

What as a Service models are available?

Are you ready to be part of the renewable energy revolution and take your energy independence to the next level? Contact us today! Our experts are here to help you find a solution tailored to your needs.

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