Solar Panels for Businesses

  • Solar panels can be installed on the roofs of production and office buildings or on suitable land. If needed, the solution can be supplemented with battery storage and smart energy management. With an electricity sales agreement in place, excess electricity can be sold back to the grid.

Benefits for Businesses

  • Solar energy generated on-site helps reduce the amount of electricity purchased from the grid and the company’s variable electricity costs. Actual savings depend on the company’s consumption profile, system size, electricity price and how much of the generated energy is used on-site.

    If production exceeds the company’s current consumption, surplus production can be sold to the grid if an electricity sales agreement is in place.

  • A solar power plant is a long-term investment in reducing the company’s energy costs. The payback period of the system depends on the investment cost, the company’s energy consumption, the share of self-consumption, electricity prices, financing conditions and possible support measures.

    The impact of a solar power plant on the building’s energy efficiency and value depends on the technical characteristics of the specific building and project and must be assessed separately.

  • A solar power plant can be supplemented with an energy storage system, which helps increase the self-consumption of energy generated on-site, manage peak loads and use stored energy at a more suitable time.

    With a suitable inverter, energy storage system and a specifically designed backup power solution, selected critical equipment can be supported temporarily during a power outage. Backup power capacity and duration depend on the system configuration, energy storage capacity and the load of the property.

  • Using solar energy generated on-site helps increase the share of renewable energy in the company’s energy use and reduce the amount of electricity purchased from the grid.

    A solar power plant can support the company’s energy efficiency and sustainability goals. When assessing the specific environmental impact and reduction in greenhouse gas emissions, the company’s energy consumption, production data and the accounting methodology used must be taken into account.

How Does It Work?


Illustration
Illustration

Support and Financing Opportunities for Businesses

In Estonia, depending on the field of activity, the purpose of the investment and the specific project, various renewable energy and energy efficiency support measures may be available to companies. The support rate, eligible costs and application conditions depend on the specific measure and may change over time.

Altmer Energy helps assess the technical suitability of the project and the possibilities of receiving support, and prepares the technical source data and documents required for applying for support. If a suitable support measure is available, we can also help prepare the application.

Using support may reduce the need for self-financing of a solar energy or energy storage solution. Before making an investment decision, it is worth checking which support measures are currently open for the specific project and which costs are eligible under them.

Who Is It Suitable For

A solar power plant may be suitable for companies with significant electricity consumption and a technically suitable roof or ground area for installing panels. The solution may be suitable, for example, for manufacturing companies, warehouses and logistics centres, commercial and office buildings, hotels and agricultural companies.

Illustration