Free Engineer - Blog
  • Should you Now Invest in Shares, Property, your Company’s Capital Projects or Solar?

    Posted on Mar 26, 2020

    Shares and property had been great Investments for Australians. How does solar stack up against these? Any savvy business owners or business leaders would always be thinking where the best place to invest their money is. To get the best answer, it’s imperative to identify the best method to quantify different investments. Many people try to quantify the financial benefits of a solar PV system by using the term ‘payback period’ or shortened to ‘payback’. Part of the reason is because many solar companies have been loosely using this term very frequently. Payback in this context is just how long...

  • Can you Smell Luus Cooking? Solar and Kitchen

    Posted on Mar 26, 2020

    Can you Smell Luus Cooking? - Solar and Kitchen One of our recent clients is an innovative family manufacturing business in the commercial kitchen market. Here's a testimonial on the project: Client: Luus Industries Site: manufacturing, Sunshine VIC Goal: maximum cost reduction while being cashflow-positive immediately Solution: 80kW solar PV system Our contact: Dean Levey, General Manager Testimonial by the General Manager: Navigating the sea of solar companies and then the minefield of options available can be daunting. Working with some industry-leading suppliers and installers, Fre...

  • Instant Asset Write-off Increased to $150K, Corresponding to up to $45K in Tax Credits for Australian Businesses

    Posted on Mar 13, 2020

    Instant Asset Write-off Increased to $150K, Corresponding to up to $45K in Tax Credits for Australian Businesses Amongst the coronavirus issues which can be tough for us personally or business-wise, we would like to pass on some encouraging news. Recently (Thursday,12th March 2020) the Australian Government announced an economic response totalling $17.6 billion across the forward estimates. This package is expected to protect the economy by maintaining confidence, supporting investment and keeping people in jobs. Additional business support will flow through to strengthen the wider economy. T...

  • How Much has Solar PV Cost Fallen Recently?

    Posted on Mar 12, 2020

    How Much has Solar PV Cost Fallen Recently? Perhaps you have thought about the idea of saving power cost or being more sustainable. Yet, you are not early adopters because the dollar figures have to stack up for your business first before you can progress to the next base. You then decided to wait until solar panel’s cost come down low enough to achieve better payback. We get it – Investing on renewable energy cannot be at the expense of profitability or business viability. While our other articles illustrate other aspects of solar, this article focuses on the bottom line that you are interest...

  • Government’s fully-funded energy advice program, anyone?

    Posted on Oct 19, 2019

    Government’s fully-funded energy advice program, anyone? The government has launched a $11.7 million small business energy program (BEAP) in September 2019 in a bid to battle rising energy costs. Speaking at the launch of the program, the Australian Small Business and Family Enterprise Ombudsman, Kate Carnell applauded this initiative. “These small businesses make up more than 97 per cent of businesses in Australia and when it comes to energy consumption, they really feel the pain,” Carnell said. “They are less confident in finding the right information because what is out there is so complex...

  • How to Make the Most Out of the Government Solar Incentives?

    Posted on Aug 14, 2019

    How to Make the Most Out of the Government Solar Incentives? Did you know that commercial solar incentives will decrease by the end of 2019? The deeming period for solar PV systems (less than 100 kW) decreases by one year, every year until 2030. This means the commonly known ‘STC rebates’ will reduce by end of 2019. See here for a reference by the Clean Energy Regulator: http://www.cleanenergyregulator.gov.au/RET/Scheme-participants-and-industry/Agents-and-installers/deeming-period-decline Importantly also, the total benefits of commonly known ‘LGC rebates’ that apply to systems larger than 1...

  • Solar Energy as a Service Part 2

    Posted on Jan 15, 2019

    Solar-Energy-as-a-Service Part 2 - Factors to Consider The benefits of Solar-Energy-as-a-Service (SEaaS) are outlined on part 1 of the article and summarised visually below. What are the factors to consider before going ahead with Solar-Energy-as-a-Service? A. The flexibility of the SEaaS agreement as the terms vary between agreements Negotiation with SEaaS provider is important to maximise your benefit. On case-by-case basis, certain provider may be able to accommodate the following: • When the system is being transferred to incoming tenant or next business owner, generous non-payment per...

  • Solar Energy as a Service Part 1

    Posted on Jan 11, 2019

    Why Pay for Solar Panels When You Can Get Solar Energy with No Outlay? [Solar-Energy-as-a-Service] The impact of rising electricity costs goes directly to corporates’ bottom line, and many are claiming they will be unable to continue to operate economically at current electricity prices. What if you can: • Pay a c/ kWh rate about 40% less than the current c/ kWh that you’re paying? • Access solar energy without having to purchase the system? • Fix (hedge) a significant amount your future energy cost without capital investment? • Benefit from a large solar plant without virtually any ri...

  • Solar Won’t Make Much Difference, Will it?

    Posted on Dec 13, 2018

    We Use So Much Electricity and Solar Won’t Make Much Difference, Will it? A number of managers and directors said to us that because they use so much electricity or they have massive loads onsite such as big refrigeration or very large machineries, solar will not help them reduce energy costs much. Some of also said that they need reliable source of energy to power these large critical loads, and therefore cannot rely on solar PV. Are the above myths or facts? The below are things to consider: • The technology has matured and efficiency has improved – In 1950s efficiency of around 6% was ju...

  • How Australian Politics Affect Renewable Energy’s Affordability

    Posted on Nov 23, 2018

    How Australian Politics Affect Renewable Energy’s Affordability It is apparent that energy and climate change issues such as the RET (Renewable Energy Target), National Energy Guarantee and the recent energy price crisis have been critical topics of Australian politics recently. Malcolm Turnbull’s loss of his prime ministership was signified by energy issues. Victorian election in late November 2018 is even being touted by some as an election that will be a referendum on solar and smart energy. The intention of this article is not to dive into political discussions, rather it will highlight a...

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