Sitting down with my coffee and digital subscription to The Economist a few days ago, I was finding it more difficult than usual to focus. While I was reading a stimulating piece on how COVID-19 has exposed major flaws in Germany’s biggest firms, I realised I was ruminating about the pandemic. Again.
One thought that has kept me awake at night is how governments around the world are balancing between keeping citizens safe and keeping the economic engines of the country running, during this time.
Lost in my thoughts – including strategising what I would do if I was in their position – my coffee had turned lukewarm (don’t you just hate it when that happens?).
While my coffee reheated, I turned over some of the moves made by the government to help businesses during this lockdown, in my head. Their recent announcement on the increase in the instant asset write-off was a surprising (and entirely welcome) move – especially for businesses who have struggled to go green.
Given the work I do, I meet numerous businesses and people who tell me that while they would love to make green energy a bigger part of their homes or offices, it’s simply too expensive to commit to at that moment.
While this is something I empathise with, I’m always trying to convince people to make the leap of faith and experience the benefits of solar power systems – especially, commercial solar solutions – in monetary terms. Who wouldn’t want a renewable energy source on their roof top?
With the government announcing an instant write-off period between the 12th of March and the 30th of June, I thought I’d pen down a few thoughts for businesses contemplating what their next move should be and why commercial solar power systems are a (green) thumbs up.