A lot of people are aware that getting a solar panel installation is a great upgrade to your commercial facility, and many business owners are eager to reduce their carbon footprint while improving their brand awareness. There are economic benefits of solar energy, the environmental benefits of solar energy, the list of the benefits of solar panels is a long one. US Energy Solutions offers a quick look into some of the most popular reasons businesses are choosing to go solar!
Even if it doesn’t produce 100% of the energy you consume, solar is an excellent way to lower your energy bills and save a lot of money. The sun produces more energy than we could ever use and the option to go solar is now available to everyone.
Whether you choose to purchase, finance or lease your solar panels, many financing options, tax incentives and grants are available allowing you to save more in the long run. Solar systems are typically classified as capital improvements and business owners have an opportunity to receive a federal tax credit equal to 30% of the cost of the solar system after it’s fully installed and operating.
As a business owner, you will be immune from inflation and billing spikes when you’re self-sufficient in solar power.
Solar panels are providing energy that does not rely on the grid to power your facilities. Since many areas in the US have regular power outages from severe weather conditions, commercial power failure in many of them is a fact of life.
A self-contained solar system will reduce or remove completely your dependency on your local energy suppliers. With installed solar systems, you will have a reliable electric supply regardless of what may happen to the commercial grid.
If you are in a power-sensitive industry that cannot tolerate regular power outages, going solar makes even more sense for your business and will highly improve the level of your grid security.
Unlike conventional power, solar energy provides a great way to reduce your carbon footprint and other pollutants. It produces no harmful emissions and greenhouse gases that hurt the environment.
Since today’s customers are more environmentally responsible, they will expect nothing less from your business. Committing to renewable energy by using solar systems can help commercial owners attract more environmentally conscious clients.
Reducing the amount of carbon in our atmosphere means less pollution and cleaner air since solar power itself is clean and eco-friendly.
Solar panels have no moving parts and are durable, so they cannot be damaged easily. They are easy to install and only need a number of bolts to hold them in place.
Once installed, solar systems need little to no maintenance over their entire life span. They are meticulously tested to make sure that they can withstand any weather conditions including snowfall or hail. An annual cleaning will keep solar systems in mint condition and producing energy for a very long time.
Most solar systems come with a 30-year warranty from the original installer – the tier-two panels have a life span of up to 30+ years, and the tier-one panels will last even longer – up to 50+ years.
Solar panels contribute to the opening of jobs in renewable energy companies that support the local economy. Since most solar system installers are local, solar panels give business owners a feasible way to commit to local sustainability and contribute to the US economy.
In 2010, the solar industry hired nearly 100,000 people and in 2018, the U.S. solar workforce increased by 168% reaching almost 250,000. Further growth is imminent since the solar industry is expected to expand over the following decade.
Investing in solar systems translates into investing in the local economy and limiting the outsourcing services to a minimum.
Solar Power
Frequently asked questions.
What is the lifespan of a solar power system?
Today’s solar panels are guaranteed to remain useful for 10 years (replacement warranty). They are meticulously designed to withstand hail, snow, wind, and rain, and will continue producing power in the decade to come, making them a reliable and convenient energy solution.
Why install solar panels for my business?
As utility rates continue to rise, installing a commercial solar system is an investment that helps achieve better pricing for your energy needs. It will recoup the outright cash investment through the savings on your electrical bill. Since there are numerous incentives readily available to reduce the cost of going solar even further (State and local rebate programs, Utility rebate programs, Federal ITC, Solar Renewable Energy Certificates (SRECs) where applicable), you can install new solar panels for little to no upfront capital.
What are some commercial incentives of going solar?
Both states and utility companies are offering solar tax credit, federal and state rebates, Solar Renewable Energy Certificates (SRECs - a commodity that is controlled by the state utility mandate to pull a certain amount of renewable energy from sustainability), and incentives designed to encourage business owners to invest in solar systems and thus lower their energy use. This makes the overall cost of a commercial solar system much lower than initially expected. For instance, the Investment Tax Credit (ITC) is offering a tax credit deducting 30% of the cost of the entire system from federal income taxes.
What is the ROI for a solar power system and the typical payback period?
While different solar power systems have a different payback period, the simplest way to figure out your ROI is to take the net cost of the solar panels after all the rebates and incentives and divide it by your estimated utility bill savings. The payback itself is the length of time it will take for the system to pay for the initial investment. Smaller systems have a payback period of about 15 years while larger installations – 10 years or less.
How much maintenance do solar power systems require?
Since solar panels are incredibly reliable, they generally require very little serving or even are maintenance-free. Most systems have no moving parts and are very durable. A gentle wash a few times a year to ensure that no dust or debris is covering your panels does the trick nicely. Facility managers across the country have access to solar O&M (Operations and Maintenance), ensuring maximum efficiency in installed photovoltaic systems, as well as energy and carbon reporting.
Does it matter what type of roof my commercial facility has?
Solar panels can be installed on all roof types, so a south-facing roof portion is by no means necessary. Solar carports and ground-mounted solar panels are a growing trend in the world today, especially among businesses with high utility bills. Ground-mounted solar panels and carports are installed on the ground as opposed to roof-mounted solar panels. Сustom carports and canopy structures are not only durable but also aesthetically pleasing.
How long will it take to install a solar power system?
Solar installation involves numerous strategic steps - Utility approval to install, permitting, inspections, local and State registrations, and commissioning. On average, a 200kw system can take up to 90-120 days to turn on.
What is net metering and how does it work?
Net metering allows you to maximize your savings from solar by selling your unconsumed energy back to the grid. During the day, when the sun is shining, your solar panels produce more electricity than you can use. An agreement between you and the utility company states that your account will be credited for excess electricity, which is fed back to the grid. Simply put, your electric meter will spin backwards.
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