In a business environment that increasingly gets harder to compete in, it is essential to cut costs and overheads where possible, and if warranted, spend more money on marketing your business by way of advertising, either through social media, digital marketing or the old-fashioned way of TV ads, flyers, etc.
Businesses are constantly seeking commercial energy efficiency whilst also reducing their environmental impact if possible. One such solution is the installation of a solar energy system that includes solar batteries, solar panels, and all the associated wiring and components.
Let’s explore the benefits of solar energy for businesses, the types of solar panels available, and what factors to consider when choosing a solar system for your particular business.
Benefits Of Installing Solar Panels On Commercial Buildings
Economic Savings = Increased Profits
The largest overhead costs for a business are usually their power bill, and commercial solar panels can significantly reduce that bill. A solar energy system can help reduce your energy bills by a massive amount.
You’re generating your own electricity, no longer counting on the electrical grid to help you run your business. This will ensure the cost of conducting business is massively reduced.
Most business owners who invested in a solar energy system will tell you that the initial upfront cost of the solar energy system was completely worth it, because over the long-run, it actually paid for itself in terms of savings on energy bills.
The savings you make in this manner can be better utilized and invested in other aspects of your business that need upgrading, say marketing, supply chain management, employee retention.
If you look at these, electrical bill savings will trickle into other business areas that will consistently snowball into more profits, greater success, more streamlined business operations, better systems, automation, etc.
Reduced Carbon Footprint
As the world at large becomes more aware of the dangerous implications of continued increase in the carbon footprint, you’re also probably becoming cautious of the negative effects of your energy consumption.
The most environmentally aware businesses have turned to solar energy systems in a bid to reduce their carbon footprint.
You’re banking on the constant supply of sunlight to drive your batteries, and you now have a source of renewable energy that will combat climate change and preserve the environment for future generations to thrive in this world.
Increased Property Value
A commercial building that has a renewable energy solar power system is much more desirable compared to another building that relies on the electrical grid system.
This is because a potential buyer will look at the solar energy system as a means to save on future electricity consumption costs, which is a highly desirable quality to have.
Moreover, a potential purchaser will more frequently opt for the more eco-friendly business premises, which means you’re adding incredible value to your property with a solar energy system.
Solar Tax Benefits
Whether it’s by local government bodies, or national ones, there has been increased effort to encourage electricity consumers to switch to renewable energy sources such as a solar energy system.
One way government bodies promote the installation of solar energy systems is by offering tax benefits that can massively assist your business profitability and bottom line. In fact, it would be a great idea to explore whether you qualify for financial assistance to set up a solar energy system for your business.
More frequently, green energy tax benefits will reduce your business costs, and leave you with extra resources that can be invested in other promising areas of business that have potential.
Types of Solar Panels
Monocrystalline panels, made from a single crystal structure, are highly efficient. They’re also ‘prettier’ relative to their counterparts, and make a more visually appealing option for business owners that have higher standards of commercial building aesthetics. Another great benefit of these types of panels is that they are more compact in size, and require less space — but are capable of producing a significant amount of electricity for your business premises.
Polycrystalline panels made from multiple crystal structures are slightly less efficient in electricity generation compared to monocrystalline panels.
However, they are often a popular choice because they are also less costly than other types of panels.
For Businesses that do not have a significant budget to fund the solar energy system, these types of panels are a popular choice.
Thin-film panels,lightweight, flexible, and extremely popular with aesthetically designed commercial buildings that do not want to compromise on visual appeal.
These panels, because of their light weight, are also incredibly popular if the building structure has weight constraints that deter the use of conventional panels.
Even though their efficiency is lower than other panel types, many businesses still opt for thin-film panels — and they’re a great choice where aesthetics are prioritized over energy efficiency.
Considering Solar Systems For Your Business
Here are some important factors to consider before you choose a solar energy system for your business.
Roof Space
A more expansive roof can fit a larger number of panels. This in turn means that a business premises with a large roof may also potentially be able to generate more energy, and ultimately, save more on energy consumption costs as it switches operations to green energy sources.
Look at the amount of roof space you have available, and that will help you assess the ideal solar energy system for your specific business.
Available Installation Options
You’re aiming to get a commercial solar system installation at your business premises, so here are a few installation options to consider. It all depends on the building infrastructure.
Do you have ample roof space? In that case, roof-mounted systems are installed onto the existing roof structure. If your building has a suitable solar orientation with sufficient roof space, roof-mounted solar energy systems can be a great choice.
Do you have ample land available on your commercial premises? In that case, ground-mounted systems might be suitable. These are ideally recommended for properties that have significant amounts of land. This type of solar energy system also offers a lot of flexibility in terms of panel positioning that can potentially maximise sun exposure.
Do you have parking space? You might want to go for a creative improvisation that’s gaining a lot of popularity. A carport system is a way of installation that serves a dual purpose. Installed over parking areas, a carport system generates energy, while also providing much-needed shade and shelter to vehicles.
Each installation type is suited to unique characteristics of your business premises, and can help you make a better decision in terms of the best fit for our business.
Energy Consumption
Understanding your building’s energy consumption requirements is one of the most important factors when determining the appropriate solar system size and specifications.
Review your business’s electricity bills and energy usage patterns to make more informed decisions about your solar system investment. Make note of peak times for energy usage, especially if your business operates 24 hours a day.
Location
Climate, sun exposure, and potential shading from nearby structures or trees matter. The location and building type can make or break the effectiveness of the installed solar energy system.
Overcoming Common Challenges
Initial Investment
Overcoming challenges associated with solar adoption involves strategic planning in accordance with available resources. There are significant upfront costs to be incurred, but they’re mitigated over time through energy savings, and available financial incentives.
There may be various incentives available at state and federal levels, alongside financing options that help your business manage initial costs of the installation.
Aesthetic Concerns
Modern solar panels come in various designs and colours. You might be able to find a system that complements the appearance of your building, while effectively generating clean energy.
This may or may not be a concern for your business. Do you have clients regularly visiting your premises? Might be a good idea to have a look at the aesthetic appeal.
Structural Issues
Professional solar installers assess the structural integrity of your commercial building before recommending solutions for any potential issues. Safety and effectiveness are both essential.
Cutting corners and saving money to install a system that’s not structurally sound may seem like a good idea at the time, but could result in long term costs in damage.
Find a reputable solar system and panel installation company to prevent any mishaps or negative experiences in the future.
The Final Word
The benefits of shifting to green energy sources like eclectic solar systems have been attracting business owners to join the bandwagon. Reduced operational costs are highly appealing, alongside increased efficiency and the reduced environmental impact.
With continued cost savings, lack of reliance on electrical grids, the systems have become increasingly desirable.
These systems offer a significant competitive advantage, and a strategic opportunity.
Environmental responsibility also amps up customer relationships, and a feature that can drive marketing efforts that drive more business. What are your specific operational goals, and commitments to sustainability? Leave a comment below and keep the conversation going.