Understanding your energy consumption patterns is crucial for determining the size and type of solar system you need. Earthbond’s energy consumption calculator can help you evaluate:
Daytime Energy Use: Identify how much energy your business consumes during daylight hours when solar panels are actively generating electricity. This helps determine how much of your energy needs can be met directly by solar power.
Nighttime Energy Use: Assess your energy usage after sunset to determine the capacity of the battery storage system required to store excess solar energy for use during non-sunny hours.
Peak Demand Periods: Analyze when your business experiences the highest energy demand to ensure your solar system is designed to meet those needs efficiently.
Before installing a solar system, it’s essential to assess your business site to ensure it is suitable for solar panel installation. Key factors to consider include:
Roof Space: Measure the available roof area to determine how many solar panels can be installed. A larger roof space allows for a bigger system, which can generate more energy.
Sun Exposure: Evaluate the amount of sunlight your site receives throughout the day. Areas with consistent, direct sunlight are ideal for maximizing solar energy production. Shading from trees, buildings, or other obstructions should be minimized.
Structure Strength: Ensure your roof or installation site can support the weight of solar panels, inverters, and batteries. A structural engineer may need to assess the site to confirm its suitability.
Orientation and Tilt: The orientation (north, south, east, west) and tilt angle of your roof can impact the efficiency of your solar panels. Ideally, panels should face a direction that captures the most sunlight.
A thorough site evaluation ensures your solar system is designed for optimal performance and longevity.
Read: How to Switch to Solar Energy in 2025: A Comprehensive Guide for Nigerian Businesses
An energy audit report is a detailed analysis of your business's energy consumption and potential savings from solar energy. This report should include:
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Earthbond offers flexible payment options to make solar energy accessible for businesses. When selecting a payment model, consider the following:
Upfront Payment: Earthbond requires as low as 10% upfront payment, making it easier for businesses to manage cash flow while transitioning to solar energy.
Repayment Period: The loan can be repaid over a 48-month period, allowing you to spread the cost of your solar system over time.
Customizable Plans: Choose a payment plan that suits your business’s financial situation. Earthbond’s team can help you select a model that balances affordability and convenience.
Selecting the right solar system components is critical for maximizing energy production and savings. Here’s what to consider:
Solar Panels: Choose high-quality panels with a good efficiency rating to ensure maximum energy generation. The number of panels will depend on your energy consumption and available roof space.
Battery Storage: If your business operates during nighttime or requires backup power, invest in a battery storage system. This stores excess solar energy generated during the day for use when the sun isn’t shining.
Inverter: The inverter converts the direct current (DC) electricity generated by the panels into alternating current (AC) electricity used by your business. Ensure the inverter is sized correctly to handle your energy needs.
Certified Technician: Work with a certified solar technician to design and install your system. A professional ensures that the system is set up correctly, meets safety standards, and operates at peak efficiency.
A well-designed system tailored to your business’s needs will provide long-term savings and reliability.
Once your loan application is approved, you will need to sign a loan agreement. This document outlines the terms and conditions of the loan, including the interest rate, repayment schedule, and any collateral required. Ensure that you read and understand the agreement thoroughly before signing.
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