Real Estate

Is your company a good fit for solar energy?

As solar energy solutions have advanced and become more efficient and cost effective, business owners are considering equipping their commercial properties with solar energy systems. There has never been a better time to switch, since the cost of solar panels is low and there are many incentives to consider.

The benefits of introducing commercial solar systems into your business are vast and far outweigh any drawbacks that may exist. However, there are a few things to look for in order to know if your business is suitable for solar energy or not.

Energy costs above 15%

If you are a business owner, you may have noticed that your energy costs are a fairly high part of your expenses. The average business spends about 19% of its total costs on energy, which the addition of solar power can dramatically reduce. Organizations can save more than 80% on energy costs, significantly reducing the percentage of their spend that goes to energy.

Increased local energy costs

If your goal is to control energy costs, you may find the feat almost impossible. Since there is no way you can control energy costs in your area, you are at the mercy of energy providers when you pay for commercial energy; when your prices increase, so do your costs. By introducing solar power to your commercial business, you can effectively control your operating costs and use the savings to invest in other areas of your business.

You qualify for incentives

Certain organizations may qualify for incentives that provide additional value when adding solar power to a property. Common incentives you may see include rebate offers, solar grants, renewable energy programs, tax breaks, and utility-specific incentives. You may find that installing solar panels is more valuable than you ever imagined it would be.

adequate space

Even if you are ready to add solar power to your commercial property, you will need the space to place the solar panels. Because many buildings are large, you will most likely have more than enough space for solar energy systems. However, the property will still need to be evaluated by a professional to make sure the panels get the maximum amount of sun exposure.

“Green” aspirations

One of the easiest ways to tell if solar is right for your business is to look at your core values ​​– is clean energy one of them? While the profitability of solar energy is a great motivator for some business owners, others simply want to engage with their community by reducing pollution and waste. By switching to commercial solar systems, organizations reduce greenhouse gas emissions, reduce their carbon footprint, and contribute to a healthier, cleaner environment.

Your business may be a good fit for solar power for a number of reasons, which can lead to long-term benefits. If you want to reduce your energy costs, save money, and use the space on your property to contribute positively to the environment and local communities, consider making the switch to clean energy and equipping your property with a commercial solar system.

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