There are many compelling reasons to go solar, with the primary benefit being utility bill savings. Installing a Solar PV system is a financial decision.
Each additional photovoltaic (PV) panel that you install helps to offset your monthly electricity spending. As you add more panels, those savings continue to grow. And with a large enough PV system, it’s possible to slash your utility bill to $0.
This is especially true if you enroll in net energy metering (NEM).
Under this program your utility provider is required to compensate you for any solar electricity you feed into the grid. Solar is an investment that already pays for itself very quickly. But thanks to incentives like NEM, many customers are able to dramatically speed up their solar payback periods and boost the returns on their clean power investments.
Other Reasons to Go Solar
As a result of these savings and guaranteed ROIs, going solar is a wise business decision. But there are other benefits as well, including:
- Environmental savings. Each additional kilowatt of solar PV power brings your business even larger carbon offsets. And besides, going green is the right thing to do.
- Energy reliability. Depending on your industry, you may require 24/7 uninterrupted access to electricity. This is why many supermarkets, data centers, and hospitals combine their solar panels with on-site batteries storage. They never have to worry about grid failures again.
- Corporate social responsibility (CSR). Consumers increasingly care about the environment and prefer doing business with corporate stakeholders who feel the same way. Installing panels on your commercial property sends a powerful message that you take sustainability very seriously.
Why Every Business Should Go Solar – TODAY
The above benefits are all great reasons to go solar someday. But why should you consider installing panels now – as in today?
There are actually several reasons why delaying your solar purchase is a mistake:
- Many companies put off going solar with the hopes of securing cheaper prices in the future. What they fail to consider are the utility bills they’ll have to pay as they wait. If you delay your purchase a year, for example, the total cost of your PV installation must also include those 12 extra months of electricity statements.
- Using solar to improve your corporate image can help distinguish you immediately. This can be extremely useful if you’re in a competitive market. Let your rivals play catch-up as you win more customers and pay lower bills in the meantime.
But there’s an even more important reason why you shouldn’t delay going solar – i.e. incentives.
Subsidies like solar tax credits, net energy metering, and state rebates are all designed to reward early adopters:
- Most of these programs pay out diminishing benefits over time – like California’s now defunct rebate program.
- Others have hard deadlines and expire overnight – like the federal solar tax credit.
Either way, none of these incentives will be around forever. And by delaying your solar investment, you’ll end up paying full price for an installation that could’ve been heavily subsidized.
You can have lower bills, happier clients, and a smaller carbon footprint – all at deeply discounted pricing.
But only if you act now.
To learn how we can help you claim these solar power benefits, contact us today for a free consultation.
