What opportunities does a business have for its own generation of electricity through renewable energy?

Practical guide to solar installations, etc. When does it make sense to invest in renewable energy for own needs?

A few years ago, renewable energy was mostly seen as a “green luxury” — something that companies with big budgets do. Today this is no longer the case. In the face of energy uncertainty, rising electricity prices and heightened ESG requirements, investing in renewable energy sources (RES) is becoming a sound business strategy.

When does it make sense to invest in renewable energy for own needs? An investment in renewables is justified when you have high electricity costs, enough space to install a power plant, and when reducing your environmental footprint is important to you. In addition, if electricity prices are expected to rise, and you plan to stay at your current address for a long time, the investment can pay off within a few years.

Opportunities for businesses to produce their own electricity through renewable energy:

Photovoltaic systemsare the most commonly used technology for own needs. Suitable for roofs, halls, parking lots, vacant lots. It is easily combined with grid electricity (on-grid systems).

Wind turbines are suitable for industrial areas or logistics parks with free space. They require a stable wind regime, and therefore are not applicable everywhere.

Biomass and biogas are a good solution for waste businesses (food industry, agro sectors). Installations are more complex, but they can also be used to generate heat

Producing your own electricity through photovoltaics allows you to reduce your energy costs by up to 70%and protect yourself from price shocks.

Companies that implement environmental policies rank better on ESG ratings — important for banks, investors and partners.

More and more consumers, employees and customers are choosing brands with a responsible climate change policy. Green energy is becoming a key element of the corporate image.

In 2025, businesses in Bulgaria will have access to European and national financing for the installation of renewable energy systems — including grants and loans with reduced terms.

The investment in solar panels usually pays off in 4—7 years, after which the business has almost free electricity for decades to come.

In some cases, you can sell the excess energy produced by your RES back to the grid, further reducing costs.

Ultimately, the decision to invest in renewable energy for your own needs should be made after a careful assessment of your business model and needs.