Residential solar systems are becoming more popular in the United States. However, solar panels for businesses can generate low-cost renewable energy. Solar energy is a great option for businesses due to its simplicity, large investment potential, and high energy costs associated with managing a growing business.
Most phx solar buildings are flat-roofed and can hold a large number of solar panels. The federal solar tax credit and the net metering programs are two of the biggest solar incentives available for commercial solar panel installation. The per-watt cost of solar panels will drop the more you have. Commercial solar owners receive a lot for their money.
How do you install commercial solar panels?
Commercial solar energy systems can be significantly more complicated and larger than those used in households. Commercial solar arrays are typically larger than residential ones and aren't limited to roofs. Some organizations use solar carports, while others use ground-mounted panels. A "power tower", an arrangement of mirrors that direct the sun's rays onto solar panels below, can be used in commercial operations.
Commercial systems should be constructed on racks that face the sun so the solar panels can capture maximum energy. Some systems have elements that can synchronize the angles or azimuth of the panels with changes in the sun's height.
To achieve the best return on investment (ROI), it is important to keep the cost per panel low for larger commercial installations. We recommend choosing the most efficient solar panels. The lower the installation cost, the more space, products, and planning will be required. More efficient solar panels last longer and are a safer investment.
Commercial Solar: What are the costs?
Due to the size of commercial solar projects, customers should expect a higher cost than residential systems. While a small business may find a commercial system that costs less than $50,000 valuable, large industrial complexes and solar farms can run up to $1 million. The good news is that the system's cost increases with increasing scale. This will increase the amount of time it takes to get your money back.
Commercial buildings that use solar panels to generate electricity (NEM) can get net energy metering. In the same way that residential customers can use excess solar energy to feedback into the grid, commercial installations can also trade surplus energy for credits from the utility company. These credits can be used to receive free electricity from the grid during the night or on rainy days.
Incentive programs at the state- and local level
Our readers are encouraged to look into any local or state incentives available in their region. Depending on where you live, a business can be eligible for solar rebates or renewable energy credits.
There are many advantages to commercial solar installations
The advantages of commercial solar panels are the same as those offered by residential panels but at a larger scale. Commercial solar systems can produce more than 10 times the economic and environmental impact of a residential solar installation. However, most commercial systems are larger than 50 kW.
Commercial solar panels have environmental benefits
Commercial solar installations might offset hundreds, if not thousands of tonnes of carbon dioxide that is released from traditional energy generation. A commercial 50-kW system will produce approximately 65,000 kWh per year of clean energy. This would result in a reduction of 1,000 metric tonnes of carbon emissions for a company over the lifetime of a commercial-scale solar power system. It is equivalent to not burning nearly 1 million pounds of coal.
Solar offers businesses a unique opportunity to show their commitment to sustainability and still make a profit. As more consumers support companies with responsible environmental policies, solar is gaining popularity.
The Financial Advantages of Commercial Solar Panels
Enterprise energy prices are always among the highest. Due to supply disruptions, utility rates can fluctuate, so businesses might consider investing in solar energy to offset their energy costs in a predictable and fixed way. The average life span of a solar panel is approximately 25 years. This means that a company can plan its energy costs decades ahead if they have the right guarantee. Businesses can invest huge sums of money in their businesses by compensating a large portion (or all) of their energy expenses, increasing their bottom line.
Commercial Solar Panel Installations: Common Questions
Are solar panels for businesses worth the investment?
A company's best investment is solar panels. If the right space and environment are created for solar panels, businesses can offset large amounts of their energy costs while also creating a positive image. With a range of soon-to-expire commercial incentives, now is the best time to invest in solar for businesses.
How long does it take for commercial solar panels to be installed?
Because commercial solar systems can often be larger than residential ones, the installation process can take longer. Depending on the size of your system, commercial solar panel installations can take several weeks to complete. To find out how long it would take to install solar panels for your business, connect with a local installer.
How many solar panels are required for a business installation?
The installation's goals and available panel space will determine the number of panels needed. Some commercial solar activities, like solar farms, are designed to generate and sell electricity. However, most businesses simply want to lower their energy bills. This means that they don't need to purchase as many panels as possible, but only enough to meet their energy needs. To find out how many panels are needed to meet your energy requirements, contact a local solar company for a free proposal.
Can solar panels be used for industrial and commercial purposes?
Absolutely. Sometimes, commercial and industrial solar panels can outperform residential solar panels in terms of value. Commercial installations tend to be larger and offer clients more value for money. Commercial installations still qualify for the solar tax credit, net-metering, and certain tax deductions. This makes it a smart investment for business owners.