With the Federal government currently offering a 26% Tax Credit for businesses that choose to install solar panels, it’s a no-brainer to do so. Yet, you might be thinking, are there any other business benefits?
The answer is an undoubted yes! Apart from the government drive for residential and corporate entities to adopt solar energy production, there are so many other benefits you should be aware of.
In this post, we’ll cover five incredible business benefits of going solar. So without further adieu, let’s get into this!
1. Reduce your energy bill
We understand that as a business, you’ll always be trying to find ways to keep costs down. Energy costs can be one of the largest that a company has to deal with, so it’s certainly worth exploring alternative energy options that could be cheaper.
The good news is that by going solar, you can reduce your energy costs drastically, even to the point of zero! Yes, you read that right, some businesses are one hundred percent reliant on solar power now. This is made possible with batteries that can store energy produced by solar panels, so that you have a consistent supply, even when the sun isn’t shining.
2. Avoid energy rate fluctuations
Expanding on the first point, businesses also want to be able to predict their energy costs. The problem is that energy rates fluctuate a lot, so it can be difficult to budget for the costs of future energy bills.
With a solar energy system installed, energy rate fluctuations will be less of a concern, as you can substitute a lot of your energy needs with solar. It’s essentially a way of buffering yourself against energy price hikes in the future.
3. Return on investment
So you might be thinking that solar isn’t free but you have to pay for the installation upfront. This is true, but over time solar ends up paying for itself and thus it’s an excellent return on investment.
In general, most businesses that have gone solar find their solar panels pay themselves off in a few years. So, in the long run, you could say that choosing to go solar is pretty much cost-free!
4. Little or no maintenance
Another great thing about going solar is that once the panel installers have done their job, you have to carry out little or no maintenance thereafter.
At a minimum, you may have to wipe down your panels to keep them efficient. Also, since debris can prevent your panels from working at their best, there may be occasions where you need to clear them.
5. Go green and reduce your carbon footprint
By going green, you show consumers that you care about the environment, which in turn shows your business in a positive light. Also, by going solar, you have a PR opportunity that you could use in conjunction with the promotion of a product or service you want to push.
So as you can see, there are numerous financial benefits to be had by choosing this form of renewable energy. And, if you’re searching for a reliable installer, we recommend Blue Raven Solar installation.
Realize the business benefits of solar
So now you should have a much clearer idea of the kind of business benefits you can expect to gain from going solar. And as much as you’ll gain benefits for your business, you’ll also be contributing to a global renewable energy future.
Thanks for reading his post and please check out our blog page for more informative pieces.