Commercial Solar Installers and Financiers

We are a renewable energy fund, investing and building solar solutions of the future

Solar as a Service is when Solar Bay funds, installs, monitors and maintains a solar system on your property. We then sell you the electricity at a rate significantly lower than your current grid power. This provides a business with all the benefits of solar without the expense of owning the system themselves.

When you purchase a solar system, you need to be confident it is the best quality product and will remain operational for 25+ years. The systems we sell outright to our customers are identical to the ones we own via our Solar as a Service model, so you can be sure they are best in class. Additionally, we continue to monitor your system to ensure it's performing optimally, this allows us to calculate when batterie storage and other developing technologies might be incorporated into your system.

Please leave your details below and we’ll email you through an information pack.

With the cost of grid electricity increasing year on year and the cost of solar & battery technology reducing, the time has never been better to re-evaluate your electricity procurement. Solar Bay funds, installs & maintains an on-site energy solution tailored for your business, and provides you electricity up to 50% cheaper than your existing grid supplier.

01

Why choose

Solar?

Businesses are perfect for solar

As most businesses are operational during daylight hours, they consume power when a commercial solar system is generating electricity. This provides most businesses with the ability to offset between 20-50% of their total electricity usage with low cost solar. Battery technology is improving rapidly and may be feasible for some businesses at current prices. However, if batteries are not feasible now our energy solutions are ready to install the technology when viable for all businesses.

 

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National Electricity Market

The cost of purchasing electricity from the wholesale markets in Australia has increased substantially. The average cost between 2012 – 2016 was $46.19MWh. For the 2017 calendar year, that figure is $110.17, a 139% increase. That’s 4.62c to 11.02c per kWh in 5 years.

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Solar Installation Costs

The cost of producing electricity from a solar system has reduced significantly. Over the same time period, the cost of a large scale solar installation has fallen from $1.50 per watt to $1.15 per watt, a 24% reduction.

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02

How does Solar as a Service

Work?

03

Solar as

a service

Solar as a Service, aka a solar power purchase agreement, will typically provide electricity at a cost significantly lower than the grid.  This gives your business immediate savings and a long-term energy hedge as the cost of electricity is known for the next 10-25 years, rather than 1-3 forward from the grid.

The benefits of a solar power purchase agreement depend on a number of variables, with the biggest being the ownership structure of the property. Please choose one of the categories below to understand your benefits.

Benefits to an Owner-Operator

– Day one reduction in electricity costs
– Reduced input cost volatility with long-term fixed price energy contract
– Marketing benefits from a reduction in carbon emissions
– 24/7 remote monitoring with ongoing saving recommendations
– No solar maintenance costs
– Reduced reliance on the grid
– Potential increase in property value
– Potential improvement of NABERS rating

Benefits to Tenants

– Reduction in electricity expense from day one
– Long term energy contract, less volatility in operating-expense
– Marketing benefits from a reduction in carbon emissions
– 24/7 remote monitoring with ongoing saving recommendations
– No solar maintenance costs
– Reduced reliance on the grid

Benefits to Commercial Landlords

– New revenue source from the lease of roof
– Improving leasing ability by offering tenants low cost solar power
– Potential improvement of NABERS rating
– Potential to charge a higher lease
– Partial expense hedge if tenant is on a gross lease
– Potential increases access to capital due to improve energy rating of buildings

04

Energy cost saving for key

industries

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Agriculture

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Cold Storage

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Manufacturing

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Contact Us

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Shopping Centres outsource their car-park management so they can focus on what they do best. Let us manage your solar system so you can focus on what you do best.

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The latest news in

solar.

Solar Bay are at the forefront of growing the commercial solar industry in Australia. Stay up to date with the latest insights and industry news here.

- Solar Bay Team

Solar Power Is Excellent, but Not Magical: Avoiding Unrealistic Expectations

20 September 2018

Photovoltaic technology can achieve a significant reduction of power bills,

READ MORE
Comparing Ground and Rooftop Solar Systems

19 September 2018

Solar power systems are available in both ground and rooftop

READ MORE
Behind-the-Meter Energy Storage Benefits Everyone in the Power Industry

17 September 2018

After staying unchanged for more than a century, the power

READ MORE
Why Solar Power Is a Great Addition for New Constructions

17 September 2018

New buildings are often financed with bank loans, and this

READ MORE
How Incentive Programs and Renewable Energy Targets Reduced Solar Power Costs Globally

13 September 2018

Governments normally use incentive programs to create market demand for

READ MORE

06

Are you paying too much for

electricity?

Provide us your contact information, annual energy spend and site address and an energy consultant will review your information and be in touch within 24 hours