Today, businesses of all sizes are encouraged to adopt measures and policies that promote environmentally friendly practices. Renewable technology, such as commercial solar installations, can reduce the amount of electricity your business might have obtained from an external utility provider during busy periods and positively impact the environment by reducing harmful emissions. Below are seven reasons why harnessing solar power may be beneficial for you.
Cutting Utility Bills
If you’ve been considering solar installation for your business, there are many reasons why it would be beneficial. Perhaps one of the most appealing reasons is that it can help you save on your utility bills.
Commercial Solar Installations power is a renewable energy source, so once you’ve installed your solar panels, you’ll be able to reap the benefits for years to come (Energy Saving Trust). And as energy costs continue to rise, solar power will only become more and more cost-effective.
Of course, the amount of money you’ll save on your utility bills will depend on several factors, including the size of your commercial solar installations and how much sunlight your location receives (Government’s Guide to Solar PV Electricity). But even if you only see a slight decrease in your bill, that can add significant savings over time.
Saving money is essential to any business so switching to Commercial Solar Installations power is worth considering. With so many benefits, it’s hard to go wrong!
Protection Against Rising Utility Costs
A solar installation can help protect your business against rising utility costs. Over the past few years, utility companies have increasingly passed on higher customer costs through rate hikes, putting a strain on businesses, many of which have had to pass on these higher costs to their customers. A solar installation can help insulate your business against these rising utility costs. By generating your electricity, you can avoid paying higher rates (Ofgem’s Electricity Prices Report) and invest that money into other areas of your business.
Energy Provided at a Cheaper Rate
Solar energy is one of the most economical and environmentally-friendly ways to power your business and oftne cheaper than traditional forms of energy, such as electricity from the grid, freeing up funds for investment elsewhere.
Solar energy is a clean and renewable resource that does not produce greenhouse gases or other pollutants and has a small carbon footprint compared to traditional forms of energy production (Carbon Trust’s Solar Energy Guide). Grid parity is the point at which solar energy is equal to or cheaper than traditional forms of energy. In many parts of the UK, solar energy has already reached grid parity. As solar technology continues to improve and become more widespread, the price of solar power will continue to drop (Solar Trade Association).
Solar panels have a lifespan of 25 years or more, requiring little maintenance and can provide businesses with a stable and predictable energy cost for decades to come (National Grid’s Guide on Renewable Energy).
Long Term Investment
commercial solar installations is the way to go if you’re looking for an investment that will pay off in the long run. In addition, Commercial Solar Installations panel prices have dropped significantly in recent years, making them more affordable than ever (Renewable Energy Hub).
Solar energy is also environmentally friendly, so you can feel good about investing in something good for the planet. And as electric rates continue to rise, solar will become even more cost-competitive. So solar is the way to go if you’re looking for an intelligent investment that will benefit your business financially and environmentally. Larger scale Solar Farms are also possible for those with unused or inefficient land (UK Government Solar Farms Information).
Reducing Your Carbon Footprint
There are many reasons why a solar installation would be beneficial for your business.; perhaps the most important reason is that it can help reduce your carbon footprint.
Solar installations require far less energy to operate than traditional forms of energy generation, such as coal-fired power plants, producing far fewer greenhouse gas emissions, which are a significant factor in climate change (UK Climate Change Committee). In addition to reducing your carbon footprint, commercial solar installations can save you money on your energy bills. As the cost of traditional forms of energy continues to rise, solar energy becomes increasingly more affordable. In many cases, the savings generated by a solar installation can even pay for the initial investment within a few years.
Finally, solar installations can help improve the image of your business in the eyes of consumers and other stakeholders. As more and more people become aware of the need to address climate change, companies seen to take proactive steps to reduce their environmental impact will be held in high regard, possibly leading to increased sales and improved brand reputation.
Sovereignty Over Your Power Source
As a business owner, you understand the importance of controlling your operations. You want to determine your destiny and not be at the mercy of outside forces. That’s why sovereignty over your power source is so crucial; with commercial solar installations, you’ll be in charge of your energy production, eliminating worries about blackouts or price spikes from the utility company, while also allowing you to take advantage of net metering and other financial incentives offered by the government (UK Government Feed-In Tariff Scheme). Solar power allows you to run your business how you want to without worrying about the vagaries of the electric grid.
Protection Against Power Shortages
Installing solar panels on your business’s roof can protect against power shortages, as they can generate electricity even when the grid is down; thus, during a power outage, this reliable power source can keep your business running, helping you avoid lost revenue and productivity. On top of this, if you have a Battery Storage System, you will have a backup energy source even if the sun isn’t shining (Energy Storage Systems Information).