Why Solar PV is a Smart Investment for Commercial Real Estate Owners

A Win-Win for Property Owners and Tenants

In commercial real estate, making a property more attractive to tenants or buyers is key to success. One often-overlooked strategy is integrating solar PV systems into your buildings. Not only does this boost the building's value and marketability, but it also offers long-term benefits for your tenants, making your property more competitive in a crowded market.


1. Enhance Property Value and Marketability

Solar installations are a long-term asset that increase a building’s value. A solar-equipped property can:

  • Attract environmentally conscious tenants or buyers.
  • Command higher rents due to energy savings for tenants.
  • Differentiate itself in markets where sustainability is becoming a priority.


2. Cost-Efficiency for Tenants

Energy efficiency is a major concern for commercial tenants. By installing solar, property owners can:

  • Lower operating costs for tenants, creating a competitive advantage.
  • Attract tenants in energy-intensive industries who value predictable and lower utility bills.


3. Future-Proof Against Regulatory Requirements

Governments are increasingly setting sustainability targets for commercial properties, including renewable energy quotas. Solar PV can help ensure compliance with:

  • Building energy performance standards.
  • Local regulations or incentives tied to renewable energy use.


4. Tax Incentives and Grants

In Ireland, there are generous incentives to make solar installations financially appealing. These include:

  • Government grants for renewable energy installations.
  • Accelerated Capital Allowance tax breaks.

By leveraging these, property owners can reduce upfront costs and achieve faster payback periods.


5. Improved Green Building Credentials

Installing solar contributes to achieving certifications like BREEAM or LEED. These credentials not only help attract tenants but also position the building as a leader in sustainability, helping you stand out in an increasingly competitive market place.


6. Faster Letting or Selling Process

Solar installations are increasingly seen as a value-add. Buildings with lower carbon footprints and reduced energy costs sell or lease faster, especially to organisations who prioritise Environmental, Social, Governance (ESG) targets.


7. A Low Risk Investment

Large flat roofs are the ideal space for installing solar, and monetising this underused space can be done relatively quickly and easily. As solar panels have no moving parts, they are the ideal investment option too, requiring cleaning just once a year. Opting for this low risk, high return investment option is a no brainer for most realtors. 


Solar PV offers a Competitive Edge

For commercial real estate owners in Ireland, solar PV is no longer just an environmental choice—it’s a business decision that makes properties more attractive, cost-efficient, and future-ready. By integrating solar before letting or selling, you position your building for long-term success while benefiting your tenants and contributing to a greener future.



Contact Kale@ShannonEnergy.com today, to enhance your commercial attractiveness.

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