What You Should Know About Commercial Solar Power
When it comes to commercial Solar Power, your needs will vary significantly from those of your competitors. While some businesses need high-efficiency solar panels to maximize their space, others have unlimited space and are willing to opt for cheaper options. Either way, you will need to measure electricity usage and production to determine how much electricity you produce and use. It is best to hire a single person to monitor the numbers and report any abnormalities to the business owner.
Commercial solar panels can increase employee satisfaction and boost the bottom line. In addition to reducing operational costs, switching to solar will reduce your carbon footprint and show your commitment to renewable energy and sustainability. A growing number of businesses have already switched to solar power, and commercial solar power accounts for close to a third of all solar power generation in the U.S. Over the next fifteen years, the industry will increase nearly 15-fold. You’ll soon see the benefits of solar on your business’ bottom line.
The first benefit of solar energy is its reliability. Nobody wants to spend money on a system that will eventually break down. Fortunately, most manufacturers offer a 20-25 year warranty on their solar panels. Additionally, 90% of panels last for 30 years or more. In addition, the energy that they produce can reduce the cost of electricity by as much as two to ten cents per kilowatt-hour. Commercial solar power systems have many benefits for businesses of all sizes.
The system’s resilience can help businesses survive harsh weather conditions. A solar panel installation combined with battery storage can help businesses become more resilient and sustainable. A company can save millions of dollars in energy costs over the next twenty years. When you combine these benefits, you can realize a large ROI. And with minimal upfront costs, you can even turn your long-dormant lot into a cash cow for your business. If you’re ready for the energy independence of solar power, don’t delay. Get started today!
When it comes to financing solar panels for your business, you have a number of options. You can either hire a solar installer or purchase them instantly if you can’t afford them. Either way, make sure you choose a professional installer who knows your local regulations and can help you understand the benefits of using solar power for your business. And don’t forget to take advantage of the numerous tax incentives, subsidies, and credit programs that can help you offset the cost of installing solar panels. Your installer can even help you find a better lender for a loan.
Commercial Solar Power is important to your business’s energy supply. If you experience a power outage, your business may suffer severe disruptions. Solar energy can help you prepare for such emergencies and prevent downtime. By using a system with battery storage, you can store excess solar energy to keep operations running during an outage. Regardless of your business’ size, solar panels can provide a backup generator for your customers if needed. These benefits make commercial Solar Power a great option for businesses of all sizes.
Besides reducing the carbon footprint of your business, commercial Solar Power can provide lights for message boards and signs. The energy they generate can be used in your business or even sold back to the power provider. And because commercial solar panels are typically bigger, they can provide up to one megawatt of electricity. If you want to start generating electricity for your business, contact a commercial solar expert today! The possibilities are endless! You’ll be glad you did.
In addition to cutting your energy bills, commercial Solar Power can reduce marketing and employee appreciation costs. With its lower energy costs and many benefits, commercial Solar Power is a worthwhile investment that will reward you for decades to come. Plus, it creates jobs and keeps energy dollars in your business. Plus, solar power systems allow you to take control of your business’ marketing and brand. It is an eco-friendly business option that can increase your customer base.
One of the primary reasons to install commercial solar is tax benefits. The federal Investment Tax Credit, also known as the solar ITC, is a popular incentive. If your business qualifies, it can write off a large portion of its system cost against its federal corporate income taxes by 2022. The tax benefits are substantial. And if your organization doesn’t pay income taxes, you can use Tax Equity Financing or third-party ownership.