When choosing a commercial solar energy system, one of the most important considerations across different industries is how overhead costs can be reduced. There are many cost-effective solar panels out there, but not all of them are suitable across every landscape or industry.
Renewable energy sources can be relatively expensive in the short term, but in the long term they generally end up paying for themselves. However, if you end up investing in the wrong commercial solar energy system, you may have to get it replaced down the road, which can end up costing you much more.
With that in mind, there are several key considerations you need to make when choosing solar panels for your commercial property, with a primary one being decreasing your carbon footprint and contributing towards cleaner energy consumption.
Top Considerations for Commercial Solar Energy Systems
Energy Efficiency
In addition to solar panel installation, companies should also make as many energy-conservation changes as possible. When buying a solar panel, you will have to consider the efficiency of your solar panel. Monocrystalline solar panels are the most energy-efficient, but they can also cost an arm and a leg. You will have to consider how much the system costs and the savings it helps you achieve on your utility bills.
Return on Investment
When calculating the return on investment, make sure you consider the actual energy your commercial solar system will offer; not the one that is marketed. There is always going to be some energy loss that businesses often don’t calculate or don’t know to calculate.
Calculating this figure can be somewhat challenging. We recommend you ask a professional commercial solar panel installer about the project and have them create a feasibility report for you. This report should include how much time it will take for your business to recoup the investment and what size system you need to meet your demands.
Tax Incentive
The investment tax credit or ITC, also known as the federal solar tax credit, is an incentive provided by the U.S. government to all commercial and residential sites to encourage everyone to shift towards greener energy. Though this tax credit is currently available, that may change.
We recommend getting in touch with Skyline Electric soon to make the most of this tax credit while it is still available. The larger your solar panel system is, the more rebate you’ll get (up to 26% of the total purchase price.)
Others
There are numerous other considerations you need to make as well when it comes to buying commercial solar panel systems, but these are among the most important:
- Power purchase agreements
- Leases for solar panels
- Grants from the US Department of Energy
- New marketing strategies these systems can open the door to
- Maintenance costs
The solar panel system you choose to implement on your commercial building or other places of business also relies on professional, experienced installers. The more experienced installer you choose, the fewer redundancies there will be and the more profitable your venture.
Large-scale commercial and industrial solar systems installed by Skyline Electric have been trusted by many for years now. Our proven track record has allowed us to become one of the leading electrical contracting companies in the US.
From installation to strategy, repair, and maintenance, Skyline Electric is here to help you out. Get in contact with us today, and let’s discuss your commercial solar system requirements in detail!
