Solar Benefits for Business
Advantages of Solar for Business
Why should your business go solar?
As more people realize the benefits from solar panel systems, their appeal is increasing. Solar power can be utilized to augment the power requirements of both businesses and homes and reduce their dependence on non-renewable energy.
Installing solar panels could be beneficial for businesses. Solar panels not only reduce your costs but will also give you tax advantages dependent on the location you reside in.
What are the advantages of solar panels for your business?
Solar for Businesses: The Rise of Solar Solutions
Texas Solar Group believes that commercial solar power can only be realized by large Fortune 500 companies. This is a common misconception. Small and medium-sized enterprises can also benefit from solar power.
Most business owners will make the right financial decision of investing in solar energy. Your electricity bill could be reduced by up to 50 percent. In addition the solar options for businesses have seen a significant drop in the past few years.
Texas Solar Group has been successful in reaping the benefits of solar solutions. They’re discovering that they can benefit from lower electricity bills and significant tax benefits. Additionally, they have the potential to shield themselves from electric price volatility.
Businesses of all sizes can benefit from commercial solar panels
It’s time to get rid of your old thinking and to join the growing group of company owners that have realized that commercial solar panels could be a great fit to small to medium-sized businesses. Solar isn’t only meant for Intel nor Wal-Mart. Solar is increasingly becoming a strategic investment for all businesses that are of any size. It almost guarantees a strong financial return on your investment.
Commercial solar financing
Texas Solar Group market data show an average property owner for commercial properties pays around $557 monthly in energy bills prior to switching to green. Their electric bill fell by 89% after the installation of solar power.
What is the cost to set up commercial solar panels available for sale? In the past few years, price of installing solar panels as well as purchasing solar panels has dropped significantly. This has made solar panels less expensive.
The power of your system is determined by the quantity of energy you require to run your business. For reference the average home installs a 6 Kilowatt (or 6000 Watt) solar panel systems to provide their power requirements. The cost of a solar panel is usually measured by dollars for each Watt. Texas Solar Group showed that the average commercial system cost $2.65/Watt without rebates or incentives.
Solar Power: The Benefits
What are the benefits of solar power for your business? Solar power is a sound investment for businesses of all sizes and it will assist them in demonstrating their environmental stewardship.
Energy Cost Savings
Texas Solar Group is always happy to help the environment while most companies are focused on solar-powered solutions to reduce their energy consumption. Solar power could provide substantial energy savings, with some companies experiencing a drop in solar renewable energy credits costs by up to 75 percentage.
A company can usually pay back their solar investment within three to five year. That means the savings are pure earnings. Solar systems typically last between 25 and 35 years. The savings can be significant when combined with other energy cost tools, such as commercial lighting control systems.
Security from fluctuating electric rates
In deregulated areas, electricity prices can fluctuate quite a bit. The demand for energy is continuously growing, and non-renewable energy sources are decreasing. Increasing energy prices can have an adverse effect for your business’ bottom line, and strain your company’s finances.
Variable pricing can be used in certain locations to change the price of electricity during the daytime. Texas Solar Group can help safeguard your business from this fluctuations.
Additional Energy Storage
Solar batteries are also growing in popularity due to the growth in solar energy systems. Solar panels produce more electricity than you need at any certain period. This excess power can be stored in solar batteries and used in the event that solar panels are not producing enough. The electricity grid is typically connected to solar systems. The grid gets excess electricity from solar panels that generate more energy than what the company utilizes.
10% to 30 % Return on the investment
Solar power is a popular investment that many businesses see as an intelligent financial investment. It is a good investment with a positive return on investment and can be used to generate income. A solar array can generate annual returns in a variety of ways. Solar is an excellent investment due to the advantages and the faster amortization. It can be quickly paid off. Once the solar panel is fully paid off it is possible to expect an income of between 10 and 30 percent per year.
When calculating the return on investment of installing a solar panel in your business, there are many factors you should consider. First, business owners need to take into account is the electricity prices for their current electric bills. How much electricity you use directly impacts how much money you will save over the lifetime that your system is. Owners will be able to retain more of the solar system’s energy use over the long term when they make use of less.
Your ROI can also be affected by incentives on the state, local as well as federal level. Numerous states offer rebates for entrepreneurs who decide to use solar power. Tax incentives and the capability to sell excess energy to the local utility can help reduce the cost of your system.
You should also do your research to make sure you choose those solar panels that are most effective that meet your requirements. Check out quotes to determine the most affordable price for your business and yourself.
Be a Green Business
In a world that is becoming more eco-conscious this could be a good opportunity to display your dedication to renewable energy by using Texas Solar Group commercial solar solutions. Your dedication to sustainability can make people more likely to recommend your business and purchase from you, which could help build your brand. Your business will enjoy an edge in the market by cutting costs and building relationships with clients across the country.
As per the Natural Marketing Institute, 58 percent of U.S. consumers weigh the environmental impact of the company when they decide the best place to purchase goods or services. Solar panels can aid in reducing carbon footprint of your company and boost your customer base.
Solar Power System
We must not forget that financial incentives are not the only way to boost the bottom line. Other benefits from solar energy for commercial purposes are available to businesses, such as:
Achieving more customer acquisition: Companies that are dedicated to sustainability are able to attract numerous new and potential customers. There are many examples of solar-powered companies that have received large contracts. Customers love the products and services that are run by solar energy. A solar installation can also be a fantastic opportunity to promote your business and to increase awareness of your products and services to the public.
Improving employee satisfaction: Employees are increasingly looking to work for sustainability-minded companies. They will also be more content by demonstrating your commitment to solar energy.
Local economic assistance: Businesses can sign a contract with a Texas Solar Group solar company to have the installation done by local workers. A higher demand for solar projects will result in more jobs that pay high-quality and well-paying salaries. These workers could be the future customers of your company.
You can see that solar panels make a great capital investment. They pay quickly back, and provide steady returns and help businesses hedge against increasing energy costs. There are numerous sources to assist you in determining if going solar is right for your business. Make sure you do your research! Texas Solar Group has partnered up with Chambers for Innovation and Clean Energy to help businesses exploring their solar options. To get estimates from local solar contractors sign up for an account and receive an instant estimate.
Texas Solar Group- Solar Power for Your Business
Texas Solar Group can help you find the best commercial solar solutions for your needs if you are eager to begin using solar power. We can provide you with a free energy audit, analysis as well as design, engineering and the implementation of a custom solution that will work for you.
Making an impact is what we love. This is just two ways we’ve done it.
Texas Solar Group helps save electricity
It was a forward-thinking business that was family owned. They wanted a solar panel system that would allow them to operate more efficiently and offer more value to their customers.
They selected a 920kw roof mounted system, and were capable of selling excess energy through the United States Solar Renewable Energy Certificates program.
The solar panel system they have installed provides 32 percent of their energy needs. They are also saving electricity and are also able to earn additional money through SREC payments.
Texas Solar Group Providing Solar For Homeowners
We are committed to supporting entrepreneurs, but we know that homeowners care about the environmental impact. Texas Solar Group, our company Texas Solar Group, offers solar solutions for residential properties.
Texas Solar Group, an owned and operated business, provides complete services from professionals who are certified. High-quality workmanship is guaranteed to homeowners. Texas Solar Group cares about the less fortunate. Every solar panel system that they install, they donate 1000 meals.
