The Power Of Commercial Solar Panel Installation For Businesses
You might think solar power is only for Fortune 500 companies, not your business. Or you plan to install a commercial solar system once your business is financially stable. You may want to make an environmental impact rather than just a strategic business move.
Good news! Your company can benefit from solar power systems right away. Now is the perfect time to join smart businesses switching to commercial solar systems.
Commercial solar installation aren’t just for large corporations such as Walmart, Microsoft, Intel, and Apple. Businesses of any size can gain financially from installing solar panels. A commercial solar system can assure excellent financial profit for your business.
Here’s why your company should switch to solar.
Reasons to Choose Commercial Solar System
Exploring the power of commercial solar panel installation for businesses can benefit businesses. With solar energy, companies save money and help the environment.
Smart Investment
Many business owners feel overwhelmed by the solar power market.
Because of high upfront costs, solar systems aren’t the first choice for small businesses. However, decreasing prices and increasing efficiency are changing this.
For example in 2009, the expense for installing solar panels was approximately $8.20 to $8.50per watt. However, because of advancements, the costs have now decreased around $1.66 to $1.83 per watt.
Business owners can also get benefits from tax credits for installing solar panels. Companies receive 30 percent of the installation cost back. Many states also offer additional tax credit incentives.
You’ll pay some money upfront, but you’ll save more in the long run!
Energy Independence
Commercial solar power systems offer energy independence to businesses. Installing a solar power system reduces dependence on local power firms. This saves significant money on overhead expenses and ensures a reliable electricity supply. Once your business uses solar power, it no longer depends on the commercial grid.
This is especially beneficial for businesses that can’t afford power outages. For example, cold storage companies need a consistent power supply.
In places like California, power outages affect many businesses. With a solar system, you’ll have a reliable power supply regardless of commercial grid issues. Properly installed and configured solar panels are 100 percent reliable.
Simply put, interconnected solar panels use the sun’s rays to create alternating current. You generate the same power as a commercial provider.
Using a commercial solar battery storage system, you can store electricity from solar power. This ensures power is available when your business needs a backup, such as at night or in low light.
Reduced Electricity Bills
Power plants often generate electricity using coal or other fossil fuels, which are not renewable. As energy use increases, supply and electricity costs can fluctuate. Solar energy, however, uses a free resource. Technology captures sunlight and converts it into power. Commercial solar panels convert sunlight into electricity, allowing businesses to generate their own power.
This reduces dependence on the traditional power grid. Installing solar panels helps businesses save on energy costs and ensures a secure, sustainable energy source, protecting against traditional energy price fluctuations.
The average US commercial firm can decrease their energy expenses by 75 percent by utilizing commercial solar panels. Businesses often spend over $20,000 a month on electricity.
In addition Businesses can switch to solar energy, and the solar technologies can last up to 25 to 30 years. Solar power can decrease your company’s electricity rates, freeing up money for operational expenses and business growth.
Durability
Commercial electricity is a commodity that you buy and sell based on supply and demand. When you use grid power, you may encounter varying prices and market conditions that are unpredictable. These conditions can change frequently and impact the cost of your electricity. Being aware of these fluctuations and planning accordingly is important to manage your expenses effectively.
We expect a decrease in fossil fuel dependence in the coming decades. Gas and coal power plants must adhere to stricter emission regulations. This will lead to higher costs for consumers using fossil fuel energy.
You need a power supply that guarantees future needs while cutting costs. Converting to solar power is an investment in your company’s future.
A self-contained solar system protects your energy needs, similar to stock market investments. Solar power reduces electricity costs and safeguards your business’s future.
Solar Tax Incentives
Solar tax incentives are a major advantage for businesses switching to solar power. Local, federal, and state levels all support the move to renewable and clean energy.
The main financial benefit is the Federal Tax Credit (ITC). This offers a 30% discount on the total cost of your solar system, provided by the US federal government.
Solar panel systems installed between 2022 and 2033 are eligible for a 30% tax credit or a 2.6 ¢/kWh payment. To qualify for these incentives, the systems must follow to labor rules or be smaller than 1 MW. The tax credit or payment is a benefit for those who install solar panel systems during this time frame.
Government and interested parties support businesses switching to solar energy through fiscal schemes and tax benefits.
Low Maintenance Cost
With increasing efficiency, solar panel systems require little maintenance, repair, or replacement. Solar panels often come with a 25-year warranty and can last up to 30 years.
Improved Green Credentials
Customers prefer green businesses for products and services. By committing to sustainability, you’ll gain an edge over competitors. Highlight this in your marketing, and environmentally conscious stakeholders will appreciate it.
Reduced Carbon Footprint
Investing in solar isn’t just about cutting energy costs; it’s about reducing your business’s carbon footprint too. Solar power is clean and green, offsetting utility purchases from coal and gas plants. This lowers emissions of CO2, SO2, and NO2, reducing greenhouse gases and smog. Installing one solar panel is like planting two trees.
High and Fast Return on Investment
Installing a solar panel system can save you a significant amount of money in the first year. This is due to the Solar Panel Depreciation tax code. Businesses can reinvest this money or use it towards solar installation costs.
Raising Your Property Value
A study found that buildings with solar panels are more valuable than those without. This information was reported by the American Association of Appraisers. Furthermore, properties with solar installations tend to command better resale values for their owners. This shows how solar technology can increase the value and attractiveness of a property in the real estate market.
Final Thoughts 
For that reason, businesses might be hesitant to adopt solar power, although it offers clear benefits. For example, while some believe it’s only for large corporations, smaller businesses can also benefit. Therefore, it’s important to understand the value of commercial solar panel installation.
Similarly, solar power reduces costs and helps the environment. Likewise, tax incentives and low maintenance make it a smart choice.
Go Green Today with Solar Earth Inc!
If you’re thinking about solar panel installation for your company, it’s smart to contact solar panel providers like Solar Earth Inc. Based in California, Solar Earth Inc. is a family-run business offering top-notch solar installation services.
We dedicate ourselves to helping your company thrive by using clean, renewable energy. We dedicate ourselves to helping your company succeed with our solar solutions. We will provide you with the most efficient solar panels and maintain your solar energy system.
Furthermore Solar Earth Inc. in California can guide you with commercial solar consulting to determine if transitioning to solar is suitable for your business. If it is, we work together to ensure the investment is profitable, potentially leading to energy independence.
With experience also handling projects of any size across the state, Solar Earth Inc. is well-equipped to meet your solar needs. Contact us to learn more about your options and why investing in solar installation is beneficial for your business.