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Solar Energy for businesses: A Great Investment for business in Orlando

Solar energy is created by the sun and can power buildings, industries, and government institutions, much like other forms of energy. The fact that solar energy is free, renewable, and ecologically benign is its best quality. The use of solar energy by people, plants, and animals alike has always been essential to the health of our world. Solar electricity is being used more and more innovatively by both residential and business owners in Orlando, FL as costs decline and savings are obtained.

Forms of Energy

On the other hand, if you’d like to learn more about what solar energy can offer your business, then read further to learn the pros and cons solar solutions can provide to your property in Florida.

Commercial Solar in Florida

Commercial Solar in Florida

In contrast to its more common use in residences, commercial solar energy is designed for enterprises. Solar energy is an excellent source of pure, renewable energy that is also a very efficient way to conserve energy. Its sector is sandwiched between utility-scale and household solar. Because of this, commercial solar is sometimes known as "C&I solar" or "commercial and industrial-scale solar." Governments, major corporations, colleges, and small businesses are just a few of its customers.

Using Solar Energy for Your Orlando Business

One of the most significant overhead expenses you face as a business owner is the price of electricity. Dependence on the industrial power grid also exposes you to variations in electric costs. Your business is more unpredictable due to unexpected price rises, especially if you manage your cash flow. It may be time to lighten that burden and consider the advantages of installing solar panels for your company.

Using Solar Energy

In America, solar energy panels quickly advanced into the mainstream as alternative energy. You've probably heard that several Fortune 500 businesses, including Walmart and Intel, are switching many of their buildings over to solar power. That may not be affordable for a small or medium-sized firm, but reconsider. Since solar panels are now more affordable, businesses like yours can benefit significantly from them.

 

The installation of solar panels at a company has several benefits. You'll get a significant financial return on your investment over a relatively short period in addition to employing a renewable energy source like the sun. Solar panels may also qualify for business tax credits [1] .

The solar energy sector has grown significantly over the past few years. Modern solar technology offers a cost-effective alternative energy source. Additionally, the electrical system is 100 percent trustworthy. That includes serving as a reasonably priced primary electrical source and a reasonably priced backup power source.

 

For enterprises, the cost reductions of solar panels make them worthwhile. Before switching to solar energy, EnergySage estimates that the average monthly power expenditure was $1,950. These business costs decreased to about $500[2] after switching to solar energy. It makes sense to install solar panels at your company for this 75% reduction.

 

Utilizing solar panels as an example of a commercial energy system is modern. Since there are so many state and federal financial incentives available for solar conversions, many business owners like you are aware of the good returns you obtain from using solar energy. There is a flurry of activity in the solar energy sector. According to reports by the Solar Energy Industries Association, American companies put up 14.5 gigawatts of solar infrastructure in 2017 [3].

 

Comparatively, that's a capacity increase of double in just one year from 7.5 gigawatts in 2015.

Despite this leap of faith in solar energy, supported by ample evidence of the advantages of solar power for businesses, the US solar power industry only accounts for 1% of the nation's total electrical output. However, according to the National Renewable Energy Laboratory, solar power will eventually account for 40% of all electricity in America [4] . Installing solar panels in your company has got a bright future.

Solar Power Benefits for your Business in Orlando

Solar Power Benefits

It takes time to decide to switch your company over to solar energy. You must carefully assess where you are now regarding your energy supply and where you need to be in the future. You consider the benefits and drawbacks, just like with any company investment. You are aware that investing in solar energy over the long term will require patience and a respectable return. In the end, you'll base your choice on the advantages of solar energy for your company. The following are some of the primary benefits:

 

1. Electricity bills may be reduced or eliminated with solar power.

The cost of electricity is constant, unpredictably variable, and indexed to inflation. Solar energy is cost-free. Your electricity cost can be cut in half or even eliminated with solar power because the system balances out the grid power you consume. When you use energy, the meter moves ahead; when you produce electricity, it moves backwards. Your power cost will be cut by a more significant amount the more electricity your solar panels have.

 

2. Solar Power Provides a Good Return on Investment

Since 2009, the price of solar panels has dropped by 70% [5], and some analysts anticipate more, slower price declines in the future. Installing solar panels might still be pricey, despite the declining costs. However, state and federal tax incentives, rebates, and tax credits are frequently available to help with the expense. It doesn't take long to realize a return on investment (ROI) with solar panels due to the declining cost and the frequently accessible government incentives and rebates.

 

3. Continuously Profitable and Sustainable Investment

Although the price may appear expensive initially, it is an investment that will benefit your bottom line over time. Depending on size, your system may pay for itself in a few years while you enjoy lower or no electricity costs. Finally, companies of all sizes realize that investing in a solar electric energy system is a crucial strategic move that ensures a reliable financial return for years to come. Additionally, it aids in business attraction because consumers are drawn to companies committed to sustainability initiatives. Just consider that one 105KW system will offset 11,004 trees and 49,522 gallons of gas in three years.

 

4. Low-Maintenance Solar Power

Once installed and configured, solar panels are incredibly dependable and require little maintenance. Solar panels don't generate much noise or be overbearing like other energy sources. Many solar panel manufacturers offer a 25-year warranty on their products and typically have a 30-year lifespan. Solar energy is plentiful, even though it can be influenced by night, location, and weather.

Frequently Asked Questions Regarding Commercial Solar Power in Florida

Commercial Solar Power in Florida

Why Should I Consider a Commercial Solar Power for My Business?

Commercial solar is a profitable investment for many businesses, even before considering the acknowledged environmental benefits. Commercial solar is a tried-and-true solution for many commercial, industrial, and agricultural organizations in Orlando and around the world. Programs and incentives that help pay for the system offset current running expenses and lower future electricity prices.


What is the lifespan of a commercial solar panel?

The typical solar panel lifespan is 25 to 30 years. The majority of reliable manufacturers provide 25-year or more extended production warranties. The average solar panel installation takes six to ten years to pay for itself in energy savings.


Are Commercial Solar Panels Worth It?

Yes, installing commercial solar is worth the cost, the time commitment, and the work required to place panels on your company's roof to lessen reliance on the utility. If your company can benefit from generous incentives like the solar investment tax credit, the high return on investment and rapid payback times provide positive cash flow very quickly.


How Much Does It Cost to Maintain A Business Solar Power System?

For their anticipated 25 to 35-year lifespan, solar panels are made with no moving parts and rugged tempered glass, which requires little to no maintenance. Usually, over that lifetime, tier-1 commercial solar panels only lose 15% of their efficiency.

Contact Everything Solar for A Free Consultation Today!

The potential to install cutting-edge solar panel systems in American homes and companies arose in 2009. We offer high-quality services at Everything Solar and strive to provide client satisfaction. Trusting Everything Solar to be your one-stop shop for green and clean solar electrical energy will surely benefit your business. If interested, please contact us today; we'd be happy to help you!