Solar panels can be installed on most type of buildings, whether domestic or commercial. Commercial buildings can really benefit from having a solar energy system installed, especially as they tend to be far bigger than domestic premises, meaning a larger surface area for more solar panels. This means they can benefit from having more power generated and a bigger return on investment.
A bigger return on investment.
Tax Free
Are there any tax implications?
Payments or incentives that you receive as a result of using solar energy are completely tax free, so long as the main purpose of having solar panels is to provide your company with electricity. If you created a solar farm to generate profits however, you would be liable to pay tax.
If you would like to get some more information on installing business or commercial solar panels, get in touch with us!