Business establishments depend on traditional electricity for the majority of their power usage requirements. The energy consumption in office and factory buildings is extremely higher in the daytime, thus making it ideal to set up commercial solar panels. Further, these days you will find various tax incentives and rebates available for those businesses installing Photovoltaic (PV) systems.
Businesses use commercial PV systems for multiple reasons including pre-heating ventilation air, water heating, lighting garden and lawn, solar cooling, and more. According to an article published in Forbes, solar which is a renewable form of energy provides organizations with an opportunity to cut back on operational expenditures and at the same time reduce their carbon footprint, a corporate social responsibility initiative to boost brand perception. So, investing in commercial solar is essential in 2022. Here is why:
No more outages
When your business is primarily reliant on conventional electricity provided by the state electricity grid, your business is susceptible to outages due to the outages of that network. So, when there is no power due to natural calamities or any problems with the power grid, your commercial building has no power. Maintenance may also result in power cuts.
However, you need not worry about blackouts when you have solar energy systems installed on your commercial property. Commercial solar PV systems will constantly generate electricity for your building when the sun is up and solar panel batteries are working fine.
You know commercial solar energy systems reduce your operating expenses significantly, helping you to cut back on your monthly power bills. Further, PV systems store electrical energy in batteries. Again, the stored power during weekends and holidays will help in saving energy.
Besides, there are solar credits and tax exemptions if you have solar installed in your office or factory building. You can research to find out about the latest New Jersey solar initiative. It leads to a greater return on investment (ROI). Further, if you want to sell your commercial space in the future to set up a new business elsewhere, PV systems already installed will increase the value of your commercial property exponentially.
Reduced costs for outdoor solar lights and signage
If you have a business establishment having considerable size including outdoors and property surroundings, the expenditures to illuminate the lawn and signage add considerably to your monthly energy bill. However, outdoor solar garden lighting can cover your total utility expenditure.
When it comes to solar-powered lights, they use thermal energy and store the same in batteries. You can use the stored energy to light lawns, walking paths, landscaped gardens, parking lots, and the street outside. Being typically self-contained solar lighting works without depending on the grid; thus, making it a great choice for outdoor areas with access to electricity without paying high energy bills.
Before installing solar lights outdoors, learn how long they will run after sundown. It could be four hours or longer.
Solar energy systems in commercial buildings are trending now because they’re cost-effective and more of a practical solution to minimize operational costs.