How Solar Installation Can Reduce Electricity Bills for Businesses

With solar panels atop their facility, businesses can reduce the cost of their electricity by creating clean power where it is most needed. With less of their energy sourced from expensive grid electricity, firms can amortize the price of their power and stabilize their expenditures over the long term.

To boot, solar systems usually also qualify for many tax credits and rebates that will help make your savings add up. With consistent energy generation and lower operating expenses, solar installation by Solar Sun Surfer presents a viable solution for companies seeking to enhance their bottom line while embracing sustainable practices.

How Solar Energy Works for Businesses

Going solar is a smart move for businesses looking to save money and go green. After we’ve taken a look at how solar systems work, we’ll explore how they save businesses money today and contribute to a sustainable future.

• Photovoltaic (PV) Effect

  One of the greatest discoveries about solar power is the way it operates. The sunlight that falls on the silicon cells in solar panels creates electricity. The electric field generates direct current (DC) electricity. This important process transforms sunlight directly into usable energy.

  Advanced solar panel designs increase efficiency. Solar technology has advanced significantly in recent years. They shine, even on cloudy days, producing more energy throughout the year.

• Convert Sunlight into Electricity

  Solar panels produce direct current (DC) electricity. An inverter then changes this power into alternating current (AC), the kind of power that runs your business. Considering the average commercial-sized solar system up to a few megawatts, these systems can power large energy needs.

  For example, a business that uses 100,000 kilowatt-hours (kWh) each year would be able to cover 90% of its energy use. This enormous cut means much lower monthly bills and big savings over time.

• Power Business Operations

  Customize solar energy systems to address your facility’s specific goals. Achieve energy independence and reduce your dependence on utility companies. On a per-business basis, our average business cut its electricity costs by 75%, or $101,259 in net present value over 20 years. Beyond the bottom line, solar installation matches up with ESG commitments, an increasingly attractive trait to consumers who prioritize sustainability.

• Send Excess Energy to Grid

  Excess energy generated can be sent back to the grid, often earning credits through net metering programs, further offsetting costs. These systems provide high-quality, seamless performance. They come supported by stellar warranties of 25 years for the panels and 10 years for the inverters.

How Does Solar Installation Cut Costs?

Solar power is an intelligent solution for companies interested in reducing the cost of electricity and going greener. Solar installations reduce dependency on traditional forms of energy generation, enabling companies to achieve huge long-term savings.

Here’s what to understand about the big drivers behind these cost savings.

1. Understand Initial Investment

   How much a solar system will cost varies greatly based on how large and elaborate you wish to have it. For companies, it might range from several kilowatts to several megawatts, depending on their power requirements. Small companies may prefer a concealed rooftop installation, but larger establishments tend to prefer ground-mounted systems or solar carports.

   The initial investment is a daunting number, but many businesses start saving on operating costs right away. For example, many commercial installations have reduced $1,950 monthly electric bills down to $500, a 75% reduction in their monthly costs.

2. Calculate Energy Production

   Solar panels produce electricity according to the amount of sunlight they receive and the size of your system. With an appropriate, professionally designed system, you can expect to offset a substantial portion of your energy use. For businesses, solar’s predictable energy production helps them stabilize long-term costs and better meet their energy needs as they scale operations.

3. Net Metering Explained

   Net metering is a policy that lets you receive credits for the excess energy your solar system sends back to the grid. These credits effectively offset monthly utility bills, and they accomplish this goal especially well during heavy production months, such as sunny summer months.

4. Reduce Electricity Consumption

   Solar systems directly power business operations, decreasing reliance on utilities. In the long run, this translates to less energy usage and a reduction in worries over rising costs per kilowatt hour.

5. Explore Government Incentives

   Federal and state incentives, such as rebates, bring down the cost of installation and improve access to solar.

6. Factor in Tax Benefits

   Businesses save through the helpful Investment Tax Credit (ITC), which allows them to claim 30% of their installation costs, providing even more savings.

Go Solar Today

It’s more than saving money. Going solar shows your business or organization is committed to sustainability. Second, it makes your business look forward-thinking and green, which can boost your image in the eyes of customers and business partners.

Going solar isn’t an expense; it’s a smart investment in your bottom line. Not to mention its role in improving the health of our beautiful planet. Get in touch with Solar Sun Surfer today, and let’s start building your business’s brighter future.