Why did KDA Group Accountants invest in a higher quality solar power system?
Synopsis
Craig Patterson, Operations Manager at KDA Group, a taxation and accounting firm, reveals how they decided to install a 29-kilowatt solar panel system at their office. The main motivation for going solar was to save energy costs and reduce their carbon footprint. The installation of a high-quality solar system was a better investment in the long-term, despite its initial higher cost.
By choosing a tried and tested technology, KDA Group is confident that their investment will pay off in the next four to five years, making it a win-win situation for both the company and the environment. As an accounting firm, KDA Group understands the importance of investing in systems that will not require frequent downtime or repairs, making a high-quality solar panel system the ideal choice for their office building.
Video Transcript
I'm Craig Patterson, the Operations Manager at KDA Group an accounting and taxation firm, supplying accounting taxation services to a variety of clients. Mainly Monday to Fridays, as most office blocks we do, eight to five, 20 staff using computers and technology all day long. Our motivation for going solar was partly energy saving and going green as a whole, and also the cost benefits that we would get from that. Partly to go green and do the right thing in that way, and partly to save money. We've installed a 29-kilowatt system. For high quality, we'd like to maybe have a short-term pain for a long-term gain. You know, some of the cheapest systems available may not last long. We felt this was good and it's a tried and tested technology that we have used before.
Our payback on this high-quality investment, we estimate to be at somewhere between four and five years. It was important for us to go high quality because of the location of the solar panels on the roof, it's quite a pain to get up and down. We need repairs, which we think the cheaper systems would entail that over a shorter period of time. Where this system we've got, we've gone high quality, cost a little bit more upfront, but longer-term it's a better deal. We like to invest in systems that we know we're not going to spend a lot of downtime, not going to spend our staff time repairing or chasing suppliers and service technicians and that sort of thing.
So we believe it's much better, longer-term to pay upfront and have something that's quality and going to last a lot longer. And as an accounting firm, we know the numbers, we've looked at it and said, the longer term is much more beneficial for us and we just see it's a win-win all round.
