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Is it possible to save the environment while also save money? The answer is yes.
If you’re wondering what big company decision you should make next, consider investing in a solar panel for your business.
Solar energy for businesses is not only an environmentally conscious energy choice. It’ll also help you reduce costs and maybe even make more money in the long run.
Here are a few of the advantages that solar energy can provide
Big Utility Savings
Solar energy’s greatest advantage (other than being better for the environment, of course) is that it can reduce or eliminate electric bills. Energy savings from using solar panels for your business can be huge. Some companies see a drop of 50-75% in energy costs.
After your business is able to pay off its investment in solar energy, your remaining savings will be pure profit. This usually takes 3 to 5 years.
Ability to Store Extra Energy
If you have the capacity to install more than one solar panel for your business, you could harness solar power and store it for future use.
In some states, the local power grid will pay you for that excess energy you harness. In turn, this makes your business more money with your use of solar panels.
Return on Investment
You can see a return on your solar investment of 10 to 30% a year since you get all or most of your power for free once the solar system is paid off. Switching to solar energy is a great financial decision for most businesses with a positive return on investment.
If you hope to achieve one of the most sought-after and progressive corporate sustainability goals, LEED Certification, switching to solar power can be one of the fastest ways to do so.
LEED stands for Leadership in Energy & Environmental Design. It’s the most established green building rating system in the world and your business could score some major bragging points if you manage to get LEED Certification.
Protection From Changing Electricity Rates
Electricity prices are known to be extremely volatile, and sudden spikes in energy prices can impact and cause stress on your operations. Investing in solar power for your business can protect your business from this volatility.
A Green Reputation
Today’s consumers are becoming more environmentally conscious. Going green and switching to renewable energy by using solar solutions will help solidify your company’s commitment to saving our environment and attract more customers.
Businesses that choose to invest in cleaner energy sources and keep their surroundings in mind will be seen as globally conscious and eco-friendly by their community.
Get a Solar Power for Your Business
Switching to solar power for your business can make a significant impact, not only for you but also for our environment and our community. We hope this article gave you a better understanding of some of the benefits of having a solar panel for your business.
If you found this article helpful, be sure to read more from our technology category to learn more about the latest trends in all things tech.