When you switch the power requirement for your business to solar, you do a great deal for the health of our environment. However, it is not just the environmental benefits that prove to be advantageous for companies adopting Solar Power Systems.
The advantages of going solar by installing solar panels and migrating to solar energy can result in a lot of cost-cutting too.
In this article, we will discuss the top 4 solar benefits of commercial solar power systems and why going solar is a wonderful option for companies.
1) Benefits of going solar: Lower Operating Costs (Lower Electricity Bills)
Electricity tariff rates are high and will keep increasing in the future. Swapping to a commercial solar array can have a massive impact on your electricity bills, and in some cases, can completely negate them.
Regardless of the size or type of your business, when you switch to solar energy, you can help your business cut heavy operational costs and even liberate your organization from lifetime electric bills.
2) Low Maintenance
Solar panels do not have moving parts, are long-lasting, and their maintenance is easy. They are made to survive all types of weather conditions throughout the year. To keep them operational throughout their lifetime, the only thing you will need is to do occasional cleaning.
Conduct timely inspection, clean your Solar Systems regularly and you will ensure they work perfectly for more than 25 years, saving huge amounts of money over the years.
3) Environmental Sustainability
We now know the environmental benefits of going solar since our childhoods.
Solar Energy is a renewable source of energy and is going to play a significant role in our battle against climate change. The whole world is establishing renewable energy targets to save the planet from further damage, and solar energy is an influential tool for achieving these goals.
Choosing solar power for your energy requirements or “going green” will diminish your carbon emissions and allow you to contribute to the health of Mother Nature. Not to forget, consumers and even employees are becoming environmentally conscious and are willing to choose sustainable companies for their services. So, if your company switches to solar, it will make you appear a better alternative in the public eye and increase your company’s business.
4) Low Taxes
All regulatory bodies are encouraging companies to go solar and contribute towards a healthier environment & sustainable future. Therefore, going green might also provide you with some beneficial tax incentives and financial assistance from the government. The Govt of India allows accelerated depreciation of 40% on solar systems.
Frequently Asked Questions
Businesses opting for solar get benefits like lower electricity bills and low maintenance costs. Installation of solar systems often makes businesses eligible for tax incentives, and rebates. Moreover, business gets a chance to contribute to a greener environment thereby enhancing the brand’s reputation.
Solar is considered the best investment today considering the increasing rate of electricity. Industrial solar panels offer substantial savings over time by reducing the dependency on grid electricity. The return on this investment can be recovered within a few years. Also, commercial solar power panels can increase property value and offer long-term security.
Solar power benefits are not limited to just cost saving; it reduces carbon footprints and helps your business reach environmental goals. Businesses can generate their electricity and increase their operations. Solar power installation will enhance both property and brand value.
A Commercial solar panel can transform 15% to 22% of sunlight into electricity. Their efficiency is improved with the advancement in technology. Now businesses can generate more power with less space for installation. These solar panels are designed to perform with optimum potential in various conditions, thus a reliable solution for business even on cloudy days.
A commercial solar system is designed specially to meet the energy demands of businesses and industries. It is a large-scale solar power system. If your industry has multiple floors, it can still be installed on rooftops without any hassle. It can also be installed in open spaces and as a building-integrated solution.
As per the Solar Energy Industries Association (SEIA), solar panels for business can last between 20 to 30 years. They maintain high efficiency during this time even with minimal maintenance. Even after 20-30 years, they will produce electricity but at a slightly reduced capacity.