When you think about solar energy, you probably immediately picture the conventional solar rooftop setup seen on top of residences.
However, solar is much more diverse in reality and a business can also benefit from it in many ways. It takes a lot of energy to run a business, both in terms of effort and electricity.
Using solar power can help you offset the costs of your power expenditure while helping you positively contribute to the environment.
In this post, we explore the many ways going solar can help your business and why it is a great overall investment for business owners.
Are Solar Panels Good for Business?
There are many good reasons why solar panels have become widely used by businesses, especially in Southern California where the heat can be unforgiving.
This wise investment won’t just help businesses save on costs — it will help the environment, too.
Here are a few reasons why you should consider installing solar panels on the roof of your business:
Great Return on Investment
The utilization of solar power these days is both a good financial decision and a sound investment for businesses and public agencies as investing in solar panels today will generate quick payback and long-term savings.
The decrease in costs, as well as government incentives for solar equipment, has made solar technology an attractive option.
Reduced Operating Costs
Going solar can significantly reduce your office building’s electric bill. Such savings can have a huge impact on both small and big businesses.
Solar power is so effective that it can have the equivalent of prepaying nearly 40 years of energy, but only at a fraction of what you’re currently paying.
Because the current cost per unit on the energy you’re using now is much higher compared to what you would spend on solar power, transitioning will result in more savings for you and your business.
Maintenance-Free and Reliable
Once you’ve installed a solar power system, it will need little to no maintenance — more so if the units don’t use a battery.
Each solar-powered unit will provide you with clean and renewable energy for up to 40 years. Furthermore, most solar panels will carry a 25-year warranty.
Because electricity generated by solar panels is entirely renewable and doesn’t use fossil fuels, pollution and greenhouse gas emissions are reduced.
Using this alternative source of energy will allow your business to participate in the fight against global warming.
By going green, you not only reduce your company’s operating expenses, but you’ll also have a great, environmentally responsible image. This is good for the company, and will most likely generate positive responses from your customers.
Is a Solar Business Profitable?
As mentioned above, going solar with your business comes with a payback on investment.
Here are more ways to invest in solar.
In just one year, the average amount of investment that comes back to your company is around 60 to 70 percent.
Thanks to the 26 percent tax credit, grants, and accelerated depreciation, solar power is a front-loaded investment.
Because of this unique advantage, your company’s money doesn’t have to be tied up and may be used and reinvested elsewhere.
Here is a breakdown of how much you can save with an electricity bill of about $600/month, and the other for a system of about $1,200/month.
Apart from getting a huge return on your first year, your system will be producing free electricity for decades to come. This means that you will have money saved that can be used elsewhere.
At first, this money would be used to pay off the cost of your system.
But, depending on your electricity rates, how much electricity you use, and how much your system produces, your business may be able to reach payback in just a couple of years. This means you’ll have decades of free electricity.
Is Going Solar Worth the Money?
All of the reasons mentioned above will ensure that you reap all the benefits of solar energy for your business.
While it’s not possible to switch over to solar power in a single day — as it’s a long process that will take time to be implemented — investing in solar power now will be worth your time, considering how quickly it will come back to you.
It’s also a lot more affordable to get a solar system installed for your business these days, thanks to various funding options available for installing panels.
Go Solar with Small Energy Bill California
Choose Small Energy Bill for your solar needs in Long Beach, California. Compared to other solar companies in Long Beach, we provide friendly, professional, and prompt service whenever you need it. We don’t just help you save money.
We’ll also help you make your contribution towards a healthier, more sustainable environment.
As the number of electronic equipment needed to run businesses increases, so do the average energy costs business owners must deal with. So, this year, consider shifting to a clean and renewable source of energy — one that will save you money for years to come.
Solar energy is now more affordable than ever, so don’t delay. Contact us today for a FREE energy bill service estimate!
More from Small Energy Bill
Small Energy Bill is a solar company serving different counties in California. Our commitment to solar energy goes above and beyond all of our very simple criteria for worthy technologies.
We believe that a greener, more sustainable future is the most important considerations for any energy we put our weight behind.