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Reducing SME Business Costs with Solar Energy: Case Studies and Success Stories

In an era where business costs are continuously rising, especially electricity costs that are increasing day by day, looking for alternative energy is important for entrepreneurs, especially small and medium-sized businesses (SMEs) that want to reduce their expenses and increase their competitiveness. Solar energy or solar cells have become an interesting solution and have been proven to really help save money.
Why should SMEs turn to solar cells?
Installing solar cells on the roofs of factories, office buildings, or SME establishments has many advantages.
- Sustainable energy cost reduction: Sunlight is a free and unlimited source of energy. By installing a solar PV system, you can generate your own electricity, reducing your dependence on the grid and saving money in the long run.
- Fast Payback: With continuously improving technology, the cost of installing solar cells has greatly decreased and the payback period has become shorter (approximately 3-7 years, depending on the size of the installation and electricity usage).
- Environmentally friendly: Using clean energy reduces greenhouse gas emissions, which is part of our Corporate Social Responsibility (CSR).
- Enhance your brand image: Being an environmentally conscious business helps to build a positive image and increase credibility for your brand.
Case study of success of Thai SMEs
There are many SMEs that have proven that investing in solar panels is a worthwhile decision. Let’s take a look at some examples.
1. Small electrical appliance manufacturing company in Samut Prakan
This company is facing the problem of high electricity bills every year, especially during the summer. After installing 100 kWp solar panels on the factory roof, the company has been able to reduce its electricity bill by about 30-40% per month, which is a savings of hundreds of thousands of baht per year, leaving cash flow to invest in other parts of the business.
2. Boutique hotels in Chiang Mai
This hotel wanted to reduce operating costs and differentiate itself from competitors, so it decided to install solar panels to generate its own electricity for its rooms and common areas. The result was a significant reduction in electricity bills, and it also used this to promote itself as a green hotel that cares about the environment, attracting new groups of tourists.
3. Bakeries and cafes in Bangkok
With a lot of electricity used for the oven, refrigerator, and air conditioner, this bakery decided to install a small solar panel. After the installation, the bakery was able to reduce its electricity bill by around 20%, which significantly increased its monthly profits and also contributed to the bakery's modern and eco-conscious look.
How to get started?
If you are a SME owner looking for ways to reduce costs, considering installing solar panels is an option that should not be overlooked. It's easy to start by
- Estimate electricity usage: Collect monthly electricity bill data to know the actual amount of electricity used.
- Consult an expert: Contact a solar installation company for advice and to assess the right system size for your business.
- Study support measures: Check for support measures or low-interest loans from the government or financial institutions that may help reduce the initial investment burden.