In short business can benefit from solar panels in 4 main areas.
Businesses that install solar are eligible for the 50% Special Rate First Year Allowance. This is a scheme that allows business to reduce corporation tax by allowing 50% of the cost of your solar installation directly prior to allowing the usual depreciation rules in subsequent years. The 50% special rate is due to come to an end on 31 March 2026
As of the time of writing, many councils and local councils offer schemes and grants which can pay up to 50 percent of the cost of the installation. At AM renewable we work with our clients to explore grant options in your area and assist you with your application
Installations can be financed with a finance partner and in many cases this allows them to be cash flow positive from day one. That is to say that the reduction in your bill out ways the financing costs of the installation.
Many consumers and businesses want to do business with a company that demonstrates a commitment to reducing their CO2 emissions.
If you are interested in exploring whether solar could work for your business. Why not book an exploratory call with us. Press the button below to schedule a time.
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