How are Solar Panels Beneficial for Commercial Buildings?

 

Undoubtedly solar energy is the first step in laying a strong foundation for a clean and better future. The economics of solar power is improving, and the key fall in the cost makes it a potential option. The solar energy sector has hugely positive impacts on business consumption and investment.

From large companies to medium to small-sized enterprises, they are buying solar panels to meet their electricity needs. But if you as a business owner are still wondering how your business can benefit from it, then you should keep reading this piece of writing.

Whether you own a multinational or small to medium-sized enterprise, solar energy is a must investment as nowadays the environmental issues are of greater concern than ever before. Solar energy is a very popular choice in the UK due to the serious initiative by the government.

One of the major overhead expenses as a business is electricity cost; sudden price rises in electricity burden the business, especially cash flow management. Today we will answer the burning question of the hour, “Is it worth it for businesses to invest in solar energy?”. You will get an answer to this question by looking at the benefits of solar panels in the business. 

Benefits of Solar Panel for Commercial Buildings:

1. Reduces Operating Costs

Once solar panels’ cost is paid off, operating costs decrease tremendously. The average life of a panel is between 20 to 25 years, and it comes with a long-term warranty. This helps to reduce the operating costs of business at an effective rate. 

On average small to medium-sized businesses use 30,000-50,000 kWh of electricity each year, depending on the location, business size, system size and various other factors. The commercial panel installation cost £0.2p per watt fitted. To install a 10kW system, costs around £2,000 (excl. VAT). Over time, your business operation cost will reduce as your electricity needs will be fulfilled by the solar panels and not from any commercial companies.

2. Boost Property Value

If your building is located in an area where you have abundant sunlight for a particular period during the year. Solar panels make the building more desirable and boost the property value. So having solar panels makes your property more valuable.

3. Low Maintenance

One of the major benefits of going solar for commercial buildings is that it demands low maintenance. The average life expectancy of solar panels is between 20 and 25 years. Once you install it, you are ready to go. The only thing you need to take care of is that panels are free from debris and dirt to make them work more effectively and efficiently. 

4. Local Benefits

For the past many years, the government has been making great incentives for using renewable energy sources. To boost the use of solar panels, the government offers benefits to its users in different areas of the United Kingdom. Government incentives include tax breaks and programs encouraging people and businesses to go solar. You can contact your local authorities to avail its benefits. You can get a grant or fund for installing solar panels at your workplace.

5. Reduces Carbon Footprint

Climate change is a burning issue that needs urgent action, and by showing that you care for the environment, you can improve your business image in front of the rest of the world. Sustainability is a hot topic amongst consumers. A study by Unilever shows that 33% of consumers buy from brands based on environmental and social impact. By going solar, you not only cut down your carbon footprint but also win the hearts of consumers.

We all know the increased amount of carbon footprint is harming the environment. Solar panels are capable of generating power with zero emissions. The generated energy can be used to meet your energy demand, and every kilowatt of green energy can reduce your carbon footprint by 3000 pounds annually.

6. Commitment in Community

The business has some commitment to the environment, and you cannot deny it. By installing solar panels for your business you are fulfilling your commitment to the environment and society. A green and healthy planet is the need of the hour, and it is a gift we can give to our future generations.

7. Energy Independence

Another major benefit of installing solar panels is energy independence. Since businesses are connected to electricity, it becomes difficult to operate machinery and computers without electricity. You are reducing your dependency on the local power company by generating electricity from solar panels. Commercial power cuts are a major problem in some areas, and power-sensitive energy cannot afford the loss of power. You can store the generated solar power in the battery so that you can continue business without any pause.

8. Return on Investment

Once you have made it through the payback period and benefited from the taxes from the government, your solar system will be profitable after some time. A single solar panel won’t be able to generate the required electricity, but an entire panel system can be sufficient to fulfil the electricity requirement of a business.

Some companies offer net metering in some areas and solar battery banks are a great option in case of the absence of net metering. It stores the extra electricity produced, so it can be utilised later without stressing on the electricity bill.

Reimagine the Future with Solar Daddy

If all the benefits of solar panels for commercial buildings have convinced you, then Solar Daddy is your next stop. We are known for a green impact on the environment with our solar panel installation and quality solar panel maintenance service UK. We offer panel installation for commercial and residential buildings at very competitive rates.

 

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