Benefits of solar panels for business - Is it a Smart Investment - Freyr Energy

Benefits of solar panels for business – Is it a Smart Investment

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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.
Benefits of Going Solar
 

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.

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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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