Benefits of Installing Solar Panels on Your Commercial Building

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Solar energy is the most preferable alternative energy used today. The production of solar energy is pollution-free. On top of that, solar energy is cost-effective. It provides an uninterrupted source of electricity, which becomes a plus point for businesses. That is why solar panels for commercial buildings have gained popularity today. Commercial solar power systems help businesses run their operations without any hiccups.

The returns on investment for solar panel installation are worth the commercial solar panel cost. This blog aims to provide information on the several benefits of commercial solar systems. Let’s dive into the details.

 

1. Cost Savings on Electricity Bills

Solar panels convert sunlight into solar energy—no other raw materials, such as costly fossil fuels, are used in solar energy production. Therefore, solar power for industrial use is cheaper than conventional energy. Apart from being affordable, solar energy also reduces electricity bills. By selling surplus solar energy to the state DISCOM, business units can offset a major chunk of their electricity charges. Over the years, the amount accumulates to a sizeable portion, displaying strong evidence of saved money.

An industrial solar power system also helps businesses to plan their operations effectively. They no longer have to depend solely on a single electricity source. Solar energy facilitates businesses with a continuous electricity supply. It enables commercial units to target their production precisely. Commercial solar power systems save businesses from unprecedented price fluctuations, allowing them to plan their budgets correctly.

Solar panels for small businesses are equally beneficial similar to big industrial units.

2. Enhanced Property Value

Solar panels for commercial buildings cost may look highly expensive upfront. However, the several solar system benefits surpass its price and leave it far behind.

Commercial solar power systems act as an extra amenity. It frees businesses from power breaks which can halt their operations and hamper profits. It also helps businesses to achieve their environmental goals and allows them to boast about their sustainability concerns.

Solar panels have a longevity of 25 years, which makes them an attractive investment. In addition, the government offers tax incentives on solar panels for commercial buildings.

All these aspects boost the market value of properties with commercial solar systems. Prospective buyers understand these benefits and can pay a higher price than average, considering the benefits they will enjoy with commercial solar power systems.

3. Environmental Benefits

Solar energy systems reduce CO2 emissions significantly. Solar panels emit CO2 between 25 to 32 g/KWh. On another note, a typical power plant running using natural gas emits 400 g/KWh and a coal-fire plant emits about 200 g/kWh. Efforts are being made to enable solar energy systems to emit 15 g/KWh life-cycle CO2.

Imagine how it will help in fighting the alarming climate change. Solar energy is an effective tool to reduce carbon footprint and promote sustainability. Less pollution leads to good health of citizens, keeping away the health hazards.

Sustainability awareness is on the rise. Companies not only gain customers but also target their own environmental goals, with a concern towards alarming pollution levels. Many customers prefer to buy products from companies that make an effort to support sustainability.

4. Positive Brand Image and Customer Attraction

Businesses using commercial solar panels inadvertently display their environmental concerns. It enhances their brand image and helps them connect more customers. Customers look at them as modern and forward-thinking. With climate change becoming a hot topic today, customers adore businesses that support sustainability. Moreover, customers show loyalty towards businesses having a concern towards the planet’s sustainability.

Sustainability efforts also enhance community relations. Commercial entities showing a care towards sustainability attract more partnerships and collaborations. All this leads to having a strong establishment with improved profits.

Conclusion

The innumerable benefits of commercial solar panels make it a profitable investment. Solar panel installation benefits financially and environmentally. In addition, it helps businesses enhance their brand image and attract more eco-conscious customers.

When the world is reeling under the pressure of global warming, it is inevitable for all to switch to renewable energy. Solar energy is the most popular and easily available renewable energy. Businesses must implement solar energy usage, and other masses may soon follow suit. Industrial solar panel price justifies the benefits it provides, with tax incentives from the government to be counted as a bonus.

Let’s switch to solar energy to make this beautiful planet free of pollution.

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In India, the price range of commercial solar panels at 3kW is between ₹1, 75,000 to ₹1, 80,000. This implies that the price per watt ranges between ₹50 and ₹60, based on your specific requirements and the size of the system.

With Freyr Energy, you will get a solar loan that allows you to own a solar system to save your energy bills and provides financial returns with very less to no upfront price. The loan terms are also flexible which means payments can easily fit into your budget and the money you save on energy covers your EMI. In addition, you can gain some extra savings because of tax incentives such as benefits from GST and rapid depreciation.

Installing solar panels reduces the costs of electricity, increases the value of your property, and supports your environment by decreasing carbon emissions. With minimum upkeep and high durability, the benefits of the system lengthen for years, making payment for itself with the created savings.

Freyr Energy makes sure their solar panels for commercial and industries are of the highest quality by doing detailed tests and quality checks. Plus, our Freyr Energy Solar App lets you easily monitor your solar system’s performance in real-time, ensuring everything runs smoothly. Freyr Energy is known for its expertise in solar solutions in India, helping customers understand everything about solar panel installations, whether for homes or businesses, to make informed choices.

Freyr Energy offers solar panel systems having feature components from the best vendors to make sure it is of premium quality. We offer installation services that are free from trouble along with the best solar financing options. We make all efforts to make sure that solar energy is available for your maximum applications whether it is for residential purposes or commercial.

Freyr Energy offers solar panel systems having feature components from the best vendors to make sure it is of premium quality. We offer installation services that are free from trouble along with the best solar financing options. We make all efforts to make sure that solar energy is available for your maximum applications whether it is for residential purposes or commercial.

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