Dealer Principals and Heads of Business running dealerships across the UK have found margins squeezed partly as a result of rising energy bills. Average annual electricity bills for a dealership site now exceed £20,000.
One way for dealerships to ensure their power bills don’t keep going up is to generate their own energy. That explains why Project Better Energy has been installing photo voltaic (PV) panels across dealers’ roofs all over the country, on average reducing energy bill by over 40%.
However, these savings can be made by marrying solar panel installations with solar battery storage onsite. By installing our cutting-edge commercial battery storage systems it’s to reduce costs, enhance energy management, and provide backup power source during outages.
Commercial battery storage systems can reduce power consumption in several key ways:
-Load shifting
Dealerships can store energy in their battery storage systems during off-peak hours when electricity prices are lower and use it during peak demand times when prices are higher. This can significantly reduce energy bills.
-Optimising renewable energy
Dealerships can store excess energy generated by renewable sources, such as solar panels, during the day, and use it during the evening or on cloudy days. This can help businesses maximise their use of clean energy. Battery storage enables you to benefit from increased self-consumption levels, reducing dependence on the national grid and further extending power savings.
-Grid stabilisation
Commercial battery storage systems can help balance the grid by storing excess energy and releasing it during times of high demand when dealerships can potentially gain access to higher feed-in tariffs. This can help ensure a reliable power supply.
-Backup power
Commercial battery storage systems can provide backup power in the event of an outage, helping businesses remain in operation even when high winds are blowing over power lines. The typical power savings from installing battery storage on sites where solar arrays are already operating average approximately 30%, depending on your site and the battery system selected. We have seen examples of commercial installations where dealerships have been able to double their energy savings through intelligent use of battery storage.
Here are a few reasons why:
- Cost Savings: Solar panels can significantly reduce electricity bills. Over time, the savings on energy costs can outweigh the initial investment.
- Energy Independence: With solar power, businesses are less dependent on the grid, protecting them from energy price hikes and potential power cuts.
- Environmental Impact: Solar energy is a clean, renewable resource. By reducing reliance on fossil fuels, businesses can lower their carbon footprint and contribute to a healthier planet.
- Reputation and Brand Image: Companies that adopt sustainable practices are viewed more favourably by consumers. This can enhance brand reputation and attract environmentally conscious customers.
By investing in solar panels and commercial solar battery storage with Project Better Energy, your dealership can reduce your energy bills by more than half, increasing operating margins, generate additional revenue, and reduce the risks associated with often volatile energy prices. In short, solar installation together with battery storage offer a route to immediate savings which offers a cost effective route into new income streams such as that offered by EV chargers.
