Is Your Business A Good Fit for Solar Power? Energy Efficiency by Ownership - 2021-09-080 As solar energy solutions have advanced and become more efficient and cost-effective, business owners are considering the idea of outfitting their commercial properties with solar power systems. There has never been a better time to switch, as the cost of solar panels is low and there are plenty of incentives to consider. The benefits of introducing commercial solar systems to your business are extensive and far outweigh any drawbacks that may exist. However, there are some things you should look for to know whether or not your business is a good fit for solar power. Energy Costs Above 15% If you own a business, you may have noticed that your energy costs are quite a high portion of your expenses. The average business spends about 19% of their total costs on energy, which the addition of solar power can cut down dramatically. Organisations can save over 80% on energy costs, which significantly lowers the percentage of your expenses that goes to energy. Rising Local Energy Costs If your goal is to control energy costs, you may find the feat nearly impossible. Because there is no way you can control the costs of energy in your area, you are at the mercy of power providers when paying for commercial energy – when their prices increase, so do your costs. By introducing solar power to your commercial business, you can effectively control your operating costs and use the savings to invest in other areas of your business. You Qualify for Incentives Certain organisations may qualify for incentives that provide further value when adding solar power to a property. Common incentives you may see include rebate offers, solar grants, renewable energy programs, tax incentives, and utility-specific incentives. You may find that installing solar panels is more valuable than you ever imagined they would be. Adequate Space Even if you are ready to add solar power to your commercial property, you’ll need the space for solar panels to be placed. Because many buildings are large, you will most likely have more than enough space for solar energy systems. However, a professional will still need to assess your property to make sure that panels get the maximum amount of exposure to the sun. “Green” Aspirations One of the simplest ways to know if solar power is a good fit for your business is to look at your core values – is clean energy one of them? While the cost-effectiveness of solar power is a huge motivator for some business owners, others simply want to commit to their community by reducing pollution and waste. By switching to commercial solar systems, organisations reduce greenhouse emissions, lower their carbon footprints, and contribute to a healthier and cleaner environment. Your business may be a good fit for solar power for several reasons, which can lead to long-term benefits. If you would like to lower your energy costs, save money, and use the space on your property to contribute positively to the environment and local communities, consider making the switch to clean energy and outfitting your property with a commercial solar system.