Solar Bay offers commercial solar via two models. Solar as a Service where we pay for the infrastructure, and simply sell electricity. Or an outright sale model where the client pays for the solar system. In both cases we remotely monitor, maintain and make upgrade recommendations in perpetuity.
We're big on analytics, so when sizing up a commercial solar system we'll also consider the potential for manipulating your network tariffs. During this process we also see if power factor correction or improved energy brokering may help with total energy expenditure.
At present batteries are typically too expensive for most commercial solar systems. However if they aren't feasible now we're ready to upgrade all our solar systems when they become commercially viable. If a business operation requires significant heating or cooling then a thermal storage solutions will also be considered.
Often demand management can be implemented with minimal impact to your business. The financial benefits can be significant and bonus payments are typically made as demand response helps stabilise the grid, especially during heat waves.
We are a renewable energy fund with focus on commercial solar growth. Our model is funding, building and maintaining commercial solar systems throughout Australia and delivering value back to end energy users and building owners.
Solar Bay was founded in 2017 by three budding energy enthusiasts to tackle the problem of renewable energy financing. Today Solar Bay owns and manages some of the largest rooftop solar systems in Australia. We work with installers, landlords, tenants and owner occupiers to deliver a solution to match energy users needs, whilst providing a solution that requires no capex from our customers.
“The cost of electricity from a solar system over the assets lifespan is now well below what power costs from the grid. We therefore see all of the empty commercial roofs in Australia as a significant opportunity for value creation."
Solar Bay will work with landlords, tenants and end users to provide three key pillars of value.
1. Roof rental to Landlords at a p/sqm rate
2. Discounted power to tenants over a fixed term
3. Clean renewable energy and increase building ratings
Solar Bay is backed by a strong desire to provide Australian businesses with low cost of power electricity, this allows us to deliver our customers with a compelling power purchase agreement over a period of 10,15, or 20+ years to suit their needs. We work with the client to match their power usage to a business case that works for all parties.
Solar Bay, funds, manages and maintains all facits of an embedded network this allows us to competitively offer all tenants and energy users within a space energy rates that are bulk soured and take advantage of a stronger consumer buying power.
Solar Bay believes that safety is the absolute number one priority. At all times, we expect all of our staff and contractors to adhere to the highest safety standards. It is important to us that you get home to your friends and family safe and sound.
Solar Bay believes that open and transparent communication creates an extremely efficient and effective work culture. At all times we strive for a clear line of communication with all stakeholders, and the ability to openly question all ideas in a thoughtful way.
Solar Bay sees tremendous growth in the Australian decentralised renewable energy industry over the next decade. For any business to succeed in the industry requires all parties in the value chain to succeed. We therefore strive to grow with all parties we interact with.
Solar Bay sets the bar high, especially for quality. All infrastructure we install we treat as our own, as a result we have a limited range of brands we will use and have strict install standards. A Solar Auditing System is in place and regular routine checks are made, remote monitoring is also installed at all sites, to ensure energy solutions are performing as expected.
Solar Bay believes that discipline is the cornerstone to quality and safety. This involves ensuring systems are followed and corners are not cut, especially in times of urgency. We will never jeopardise the longevity of equipment or relationships, for the sake of short term gain.
As it stands the world is unsustainable, especially from an emissions standpoint. This is a long term fix. "A society grows great when old men plant trees whose shade they know they shall never sit in." - Greek Proverb
With the upcoming retirement of Australia’s coal power plants we have the opportunity to install cleaner and more affordable renewable generation assets. By wiring developments as embedded networks or micro-grids technology such as commercial solar, energy storage and peer to peer energy trading can be incorporated, reducing both costs and emissions for all energy users.
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