As a commercial business owner, you may have considered introducing solar on or around your building to offset overhead costs and take a green initiative. The upfront costs could be seen as a barrier or deterrent for some, but the long term benefits definitely makeup for it.
Below is a collection of benefits commercial solar has to offer.
5 Benefits of Commercial Solar
1. High reliability and low maintenance
Once installed, commercial solar panels are incredibly easy to maintain. Aside from annual inspections and the odd cleaning, solar installations require very little to operate. Solar modules are designed to withstand the elements, including snow, rain, hail and wind making them a great addition for almost any geographical location. Rail based systems allow for easy access to wire management, securements and modules making the entire system low maintenance.
2. Corporate Social Responsibility
Corporate Social Responsibility or CSR for short, is a company’s commitment to manage the social, environmental and economic effects of its operations responsibly and in line with public expectations.
As climate change, environmental issues and green energy become more popular, customers will expect businesses to include green initiatives in their business plan. Adding solar is a great initiative and should be highlighted in your business’ CSR. The addition of solar could even help you to become more attractive to potential customers resulting in an increase in revenue.
3. Local Incentives
Municipalities and townships have started going green, introducing tax breaks, incentives and programs to support installation of green energy initiatives. Browse a list of incentives by Province if you are looking to install in Canada, or by State for the US.
4. Financial Savings
Installing PV panels is a great way to offset utility bills with electricity generated from the sun. As prices continue to trend upwards, investing in solar is a good way to reduce the impact of utility increases. Furthermore, In 2020, the International Energy Agency (IEA) announced that solar power is the cheapest form of electricity in the world.
5. Energy Independence
Is your business located in an area accustomed to regular outages, or rolling blackouts? Are you in an industry that relies on constant power supply for regular operations, such as cold storage or manufacturing?
Investing in solar means investing in a self contained energy source. This can reduce or remove your dependency on local power companies, guaranteeing consistent power regardless of the commercial power grid.
The benefits of commercial solar installations are plentiful, and this list just scratches the surface. Interested in finding out more about adding solar your commercial building? Get in touch with us today!