10 benefits of solar energy for commercial buildings
“A transition to clean energy is about making an investment in our future.”
– Gloria Reuben
Is your commercial space vast As a business owner, you may have thought about switching to a more sustainable model for electricity. Switching to commercial solar panels for your business might be the way to go. You’ve probably read about large companies such as Google, Apple, and more who are going sustainable by adding solar, every thought how feasible it is for your business. Many business owners are adding solar and benefiting from it immensely.
No matter the size of your commercial buildings, all businesses can capitalize on the numerous benefits of solar power. Solar energy has become a strategic decision that has proven to have numerous benefits for big and small businesses.
A few reasons to consider switching to Rooftop solar are-
1. Highly Reliable and Low maintenance:
Commercial solar panels require very less maintenance, it is also practically noiseless. In most cases, commercial buildings have very accessible structures which make them easily sustainable and maintained. The solar cells are enclosed in protective glass, coated with non-corrosive aluminum. They are built to sustain harsh climates and withstand storms and earthquakes.
2.Practically no operating cost:
After the solar panels’ cost is paid off, they will substantially reduce the operating cost of your business, which can be easily predicted by the company’s accounts. The companies can see the cost spent on installing the Rooftop solar can be made back in a very short time.
3. Bonus Depreciation and ITC benefits
When the business owners install solar panels, they can benefit from the Investment Tax Credit dedicated especially for Solar. It will make you eligible for 26% federal tax credit if the solar panels are installed by the end of year 2019. Businesses can enjoy a 100% bonus depreciation on their solar installations.
4. Say Bye to Electricity bills, welcome Net metering
Predicting operating costs can be difficult since the future is unpredictable. The volume of electricity bills definitely reduces to none after the installation of solar panels. Businesses will never have to worry about the increasing cost of the electricity and addition of new machinery or electric equipment.
5. Return on Investment
Consider getting Solar panels as an investment and not an expense. The return on investment you get from solar power often exceeds that of most other investments in terms of the money your business saves over the years.
6. Improves the value of the property
According to studies, the commercial properties that have solar installations have an increased property value and do very well in the real estate market. And it might stay like this in the future for the planet to become sustainable. With the solar revolution gaining steam, adding commercial solar panel figures to make your building more desirable. If you have lower electric bills, that is money well spent and the credit from the grid can help the finances.
7. Most affordable source of electricity
Looking over the history of solar panels, the installation costs have fallen more than 70 percent over the last few years. This naturally means the cost of adding solar panels also has fallen. The federal Solar Investment Tax Credit (ITC), state tax credits, and cash rebates all help reduce the cost of installing and maintaining the solar panels.
8. Enjoy credit from the Grid
One of the major advantages of installing solar panels is that once you start producing more energy than you can use, you can send the excess energy back to the grid, for which you can earn credits. With no electricity bills, you can save a lot of money and be sustainable at the same time!
9. Lead by Example: Go sustainable as a company
Commercial solar panels are very sustainable and give your company an edge over other companies. You can lead by example and flaunt the green image associated with your brand.
Become aware of the changes our natural resources can have on our future. Going solar not only helps protect the environment but also shape the thinking of other people
10. Supports local economy
Increased demand in the solar panel installations increases the demand for labor and makes room for new jobs. It is very important to support the local economy, Solar is a fabulous way for making way for skilled labor and well-paying jobs. The same workers can be your customers in the future as well.
Solar panels are made by photovoltaic cells, these rarely break down or get damaged. Its propensity towards dust, storms, rain, and other weather-related problems is very high. Even when they do get damaged, solar
Usually come with a 25-year warranty, which means you never have to maintain it, and generate electricity for 25 years straight without any hassle. Solar panels are a very sustainable choice which is definitely more reliable than the utility company.