Solar panel commercial installation is something more businesses are looking into because of the perks that come with solar electricity. Wondering what exactly the benefits of solar energy for businesses are? Solar Energy Host is here to break down what advantages a commercial solar panel installation comes with.
Benefit #1: You could save with energy independence.
On-grid solar panel systems lower your electricity bills.
This type of setup means you'll still be tied to the grid but you won't be entirely dependent on it because you'll be generating your own energy. So, your solar panel commercial installation can potentially earn you savings as your monthly electricity bills will likely be lower.
Off-grid solar energy systems do away with the cost of electricity completely.
Opting for an off-grid solar energy system means you won't need to pay for electricity once it's up and running.
While the initial cost of solar installation services and components is typically higher for an off-grid system, cutting out monthly energy bills entirely makes it worth considering. Being fully self-sufficient allows you to divert saved funds towards other business needs, such as marketing or general management, instead of electricity costs.
Benefit #2: You can improve your building's value by installing solar panels.
When you install solar panels for commercial buildings, you can make your property more attractive to buyers. As your property offers energy savings, it becomes more valuable to those who are considering buying it. This financial advantage can make your commercial building a more compelling purchase compared to similar properties without solar installations.
Furthermore, having a solar panel commercial installation can broaden your market reach by appealing to eco-conscious buyers. By offering a property equipped with solar panels, you cater to these modern businesses and their environmental commitments.
Benefit #3: Government incentives could help with savings and even potential income.
Investment Tax Credit (ITC), Solar Renewable Energy Certificates (SRECs), and net metering programs help pay for your system in no time.
The ITC allows a percentage of the solar panel commercial installation cost to be subtracted from your tax bill, significantly reducing your upfront expenses. However, it's crucial to note that the ITC amount can vary depending on when your system was installed.
You can also earn one SREC for every megawatt-hour (MWh) of electricity your solar system installation produces, allowing you to generate renewable energy while also earning money. Given that utility companies purchase these certificates to comply with state regulations, your business can profit by selling SRECs.
Your property may even be eligible for net metering programs. When your solar system generates more electricity than you need, this excess energy can be fed back into the grid. Your utility company will then credit you for this excess energy, and you'll only pay for the net amount of energy your business consumes.
So, when you get a commercial solar energy quote, keep in mind that these costs can be reduced or offset by these incentives and programs.
Benefit #4: Solar energy helps you achieve environmental sustainability goals.
Business solar solutions can help lower carbon footprints through green energy. Installing solar panels lets you take advantage of a renewable resource instead of fossil fuels.
Burning fossil fuels releases harmful carbon emissions and other pollutants into the atmosphere. Additionally, fossil fuels are finite resources, making them unsustainable for long-term energy needs. So, by using renewable energy systems like a solar panel commercial installation instead, businesses can cut their reliance on pollutive energy sources and make a tangible impact on their carbon footprints.
Frequently Asked Questions (FAQ)
Can I store solar energy for use during nighttime or power outages?
Absolutely! If you get a battery along with your solar panel commercial installation, you can store any excess energy you generate during the day and use it when it gets dark out or when there are local grid power outages. Having access to energy storage enhances the flexibility and utility of your solar power installation.
Do solar panels work in all weather conditions?
Solar panels are designed to operate under a variety of weather conditions, but their efficiency can be affected by environmental factors.
For instance, solar panels generate electricity from sunlight, so their output is highest on sunny days. However, they can still produce energy on cloudy days, albeit potentially at a reduced capacity.
When it comes to precipitation, rain can help clean the panels, improving their efficiency, while snow can temporarily obstruct solar panels. However, most panels are designed to shed snow over time due to their angled installation.
What is the difference between residential and commercial solar installations?
Residential solar systems are designed for individual homes, typically requiring 16 to 20 panels to meet household energy needs. On the other hand, solar panel commercial installation systems are significantly larger, often involving hundreds of panels.
This is because commercial solar panels need to produce more power and businesses typically require substantial energy to power their equipment and operations, which makes the higher production necessary.
Despite their smaller energy needs, though, homeowners can still benefit from the perks of solar installation, such as potential savings, reduced carbon footprint, and tax incentives. In fact, if you're interested in residential installation, you can even turn to Solar Energy Host, where you can get multiple competitive quotes from local installers with just a few clicks.
Solar savings, just a few clicks away
The perks of solar energy aren't just for business owners. You can access these benefits as a homeowner too! Solar Energy Host is even here to help you find the best deals in your location. Just input your address and some information about your property and energy consumption, and we'll deliver competitive quotes from trusted installers in your area to you.
So, say goodbye to having to contact companies one by one just to get and compare quotes. With our help, obtaining and comparing all your options becomes a breeze.
Get a free cost estimate today and find the right solar installation company for you!