As society gravitates toward sustainable business practices, solar panels are becoming a popular choice for commercial building owners. Not only are these panels eco-friendly, but they’re also a strategic investment. Property owners and businesses can enjoy several benefits by installing solar panels on rooftops or the ground around the building.
The professionals at Solar Liberty will explore the numerous advantages that come with commercial solar panels. Discover how your business can thrive with this innovative, environmentally-conscious technology.
Federal Tax Incentives
Because solar panels reduce reliance on fossil fuels, the government is eager to help businesses adopt them through tax incentives. These incentives can significantly offset the upfront costs of installing solar panels for commercial buildings — which you can read more about in this Federal Solar Tax Credits for Businesses outline from The Office of Energy Efficiency & Renewable Energy.
Cost Savings
One of the best advantages for a business to install solar panels is the potential long-term cost savings. While there is an initial upfront investment (which can be diminished with tax incentives), solar panels can save and earn a building more money in the long run.
Solar energy systems have lower operational and maintenance costs compared to traditional energy sources (like coal, natural gas, or oil). Plus, commercial buildings can generate excess energy that can be sold back to the grid, creating an additional revenue stream.
Additionally, solar energy panels give businesses a breath of fresh air with price stability, whereas conventional energy sources are tied to volatile oil prices. That means businesses can predict and control their energy costs without the vulnerability to market fluctuations.
Resale Value
As you can imagine, properties that have solar panels are more attractive to potential buyers. They understand they’re not only acquiring a functional space but one that’s sustainable and energy-efficient. Moreover, a commercial property may qualify for green certifications that boost its market appeal.
Power Outage Protection
Power outages pose safety risks and business concerns. Outages can cost businesses money with decreased performance, information loss, cybersecurity risks, and more.
A benefit of solar panels is that it provides a business with grid independence. Buildings aren’t as vulnerable to power outages, so they can continue functioning while their neighbors are left behind.
Of course, power outages can occur across the entire United States, but this is especially a concern for states that are commonly susceptible to tropical storms, tornadoes, heavy snowfall, and wildfires. If this sounds like something your property might encounter, then power outage protection is a significant advantage in your corner for solar panels.
Brand Improvement
In the culture of the internet, social media, and fast information, every business’s brand is well-known to its entire audience. Solar panels can greatly boost any company or commercial building’s brand as the world pivots toward environmentally focused practices.
Solar panels reduce a property’s carbon footprint and project a positive, responsible image. This can resonate with customers, partners, and employees — making it a public and personal win.
Learn More about Commercial Solar Panels with Solar Liberty
While solar panels for a commercial building can be a higher upfront cost, the long-term benefits far outweigh that short-term, one-time cost. For starters, your upfront cost can be decreased by federal tax incentives, and from there you can reap benefits like monthly cost savings, better resale value, power outage protection, and brand improvement.
For more than 20 years, the experts at Solar Liberty have helped commercial property owners get the most enjoyment and functionality out of their homes and businesses. Whether you’re curious to learn more about installing solar panels or you’re ready to request a consultation, our experts are here to personally walk you through the process and long-term benefits.
Contact our team online or call 866-807-3639 to get started today!
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