Solar boom to meet 10% of commercial energy needs

A 'perfect storm' of rising energy prices, improved technology and cheaper prices has led to a five-fold growth in the number of commercial premises now installing alternative sources of energy such as solar panels.

Over the past three years, there has been a 400 per cent rise in the number of companies turning to solar, says Huon Hoogesteger, founder of Smart Commercial Solar, one of Australia's largest providers of corporate solar equipment.

"We're now installing five times the number of solar panels we were installing three years ago," Mr Hoogesteger said.

Read more of the Financial Review article here.

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