The world now considers solar energy as the future. It’s becoming a popular option for most business owners because of its benefits. Hence, the number of businesses switching to solar energy to power their offices and commercial facilities is increasing daily.
Meanwhile, if you’re a business owner still contemplating installing solar panels in your office, this article can help you. Here are some reasons to invest in solar panels to power your workplace.
1. Solar Panels Are Getting Cheaper
Businesses aim to boost their profit while lowering their expenses. However, solar panels are one of the most expensive investments you can make for your business. Thus, their price prevents most business owners from switching to solar energy.
In the US, solar panel installation can cost you up to USD$16,000 for a 6-kilowatt system, depending on your location and the size of the panels. The good news is that the average cost of solar panels and installation continues to drop yearly. Did you know the cost of installing solar panels has decreased by as much as 80% over the past two decades?
As solar panels became commonplace and production significantly improved over the decades, they also became much cheaper. In addition, numerous factors—such as government subsidies, tax incentives, and rebates—help lower the overall costs of panels. As a result, more and more business owners are switching to solar energy.
Understanding everything you need to know about the installation can help you get the most return on your solar energy investment. Also, learning about electrical system overhaul and solar power’s best practices for its usage and maintenance can help you maximize your investment.
2. Provides Energy Independence
With the growing power demand, especially in the business sector, electric supply remains volatile in some parts of the world. Paired with the overburdened network and erratic weather, your office may experience energy interruptions that can disrupt business operations.
Your office can reduce its dependency on the local power grid by installing solar energy systems. Utilizing the sun’s energy can guarantee up to 100% of operation uptime. Solar energy can offer a more reliable backup during power interruptions.
3. Saves On Energy Costs
The most compelling reason to shift to solar energy for your office is to save on energy costs. Since solar panels produce unlimited power from the sun, you can cut back on your energy bill from traditional utility providers. As electricity costs get more expensive yearly, installing a solar energy system for your office can protect you against inflation.
According to statistics, most businesses pay almost USD$2,000 in monthly energy bills. Switching to solar power can help the average commercial office reduce energy costs by up to 75%. However, it still depends on several factors, such as the size of the system, location, and electricity usage.
Aside from saving on energy bills, a solar energy system can be another source of revenue for your business. In some countries, companies can access solar energy incentives and programs like net metering. With this program, you can sell any excess energy that your solar panels generate to energy providers.
Net metering is one of the best ways to maximize your solar panels’ usage, enabling your business to earn extra cash. These incentives can provide faster returns from your investment and the potential for passive income.
On the other hand, if you don’t have access to such incentives, there are other ways to gain revenue from your solar panels. With the rise of electric vehicles, adding solar-powered charging stations for your employees or the public can bring significant profits for your office space.
5. Build A Sustainable Brand
Sustainability is the most crucial reason to switch to solar energy for your office. As the world experiences the consequences of global warming, more and more people expect businesses to take the forefront towards reducing carbon emissions. Hence, consider solar energy for its sustainability. Additionally, it doesn’t generate pollutants or carbon emissions to produce electricity.
Solar power is also renewable. Hence, the world will never run out of it, making it a sustainable option. Using sustainable energy can help you reap benefits such as improving your brand’s image, boosting employee loyalty, and increasing customer satisfaction.
As you can see, powering your office with solar energy offers numerous benefits, like lowering operational costs and establishing a positive brand reputation. Once you consider switching to solar energy, hiring the right solar contractor and electrician can help streamline the overall process. This way, you can enjoy the benefits of this investment as soon as possible.