Solar Benefits for Business
Advantages of Solar for Business
Why should your business go solar?
As more people become aware of the benefits that solar power panels offer, their appeal is increasing. Solar power is able to boost the power requirements of both businesses and homes and reduce the dependence on renewable energy sources.
Installing solar panels can be a boon for business owners. Solar panels not only cut costs but also offer tax benefits dependent on the location you reside in.
What are the advantages of solar panels for your business?
Solar for Businesses: The Rise of Solar Solutions
LA Solar Group believes that commercial solar power can only be realized through huge Fortune 500 companies. This is a popular misconception. Small and medium-sized businesses can also benefit from solar energy.
Most business owners will make the right financial decision for investing in solar power. The cost of power can be cut by as much as 50%. Additionally commercial solar solutions have seen significant reductions in cost over the past few years.
LA Solar Group has been successfully reaping the benefits of solar-powered solutions. They are discovering that they are able to benefit from lower electric bills as well as significant tax credits. Also, they possess the ability to shield themselves from electric price volatility.
Businesses of all sizes can benefit from commercial solar panels
It’s time to get rid of your old thinking and join the growing number of smart business owners who have found that commercial solar panels can be a perfect fit for small to medium-sized businesses. Solar isn’t only for Intel nor Wal-Mart. Solar is increasingly becoming a strategic investment for companies regardless of size. It can almost guarantee a high return on your investment.
Commercial solar financing
LA Solar Group market data indicates that the average commercial property owner pays approximately $557 per month in electric bills prior to going green. Their electricity bill dropped by 89% following the installation of solar power.
What is the cost to build commercial solar panels for sale? In the past five years, the expense to install solar panels and buying solar panels has fallen significantly. This makes solar more affordable.
The power of your system is determined by the quantity of energy you require to run your business. For reference it is typical for a household to install an average of 6 Kilowatt (or 6000 Watt) solar panel systems to meet their electricity requirements. The cost of a solar panel is typically measured as dollars per Watt. LA Solar Group showed that the typical commercial solar system cost $2.65/Watt prior to rebates and incentives.
Solar Power: The Benefits
What are the benefits of solar power to your business? Solar power is an excellent investment for most businesses and can assist them in demonstrating their environmental stewardship.
Energy Cost Savings
LA Solar Group is always eager to contribute to the sustainability of the planet while most companies are focused on solar-powered solutions to reduce their energy bills. Solar power can provide significant savings in energy, with some businesses experiencing a reduction in the price of renewable energy credits from solar that can reach 75 percentage.
Businesses typically pay back their solar investment within three to five year. That means the savings are pure earnings. In general, solar systems last between 25 and 35 years. Savings can be substantial when paired with other tools to reduce energy costs, such as commercial lighting control systems.
Protection from changing electric rates
In deregulated areas the prices of electricity can change significantly. The demand for energy is continuously rising, while non-renewable power sources are declining. Rising energy costs can have a an adverse effect for your business’ bottom line, and strain your company’s finances.
Variable pricing is a method in certain locations to change the cost of electricity throughout the day. LA Solar Group can help safeguard your business from this fluctuation.
Additional Energy Storage
Solar batteries also have grown in popularity due to the rise of solar power systems. Solar panels can generate more power than you require at any given period. This surplus power can be stored in solar batteries and accessed when solar panels are not producing enough. The grid for electricity is usually connected to a solar system. The grid is fed excess electricity from solar panels which produce more energy than what the company utilizes.
10 percent to 30% Return on Investment
Solar power is a popular option that companies consider to be an intelligent financial investment. It is a good investment with a positive return on investment and is able to earn income. Solar panels can earn annual returns in many ways. Solar is an excellent investment due to the incentives and an acceleration of amortization. It is easy to pay off. Once the solar panel is paid for you can anticipate to earn between 10-30% each year.
In calculating the ROI investment for adding a solar panel to your business, there are several things to take into consideration. The first thing that business owners need to be aware of is the cost of electricity for their current electricity bills. The amount of electricity you consume directly impacts how much money you can save over the lifetime of your solar system. Owners will be able retain more of the solar system’s energy consumption over time by being able to consume less.
Your ROI can additionally be dependent on incentives at the state, local, or federal scales. Numerous states offer rebates for business owners who choose to utilize solar energy. Tax incentives and the ability to sell excess power to local utilities can help reduce the cost of your system.
Also, you should conduct research to make sure you choose the most efficient solar panels for your requirements. Check out quotes to determine the best deal for you and your business.
In a world that is becoming more conscious of the environment, it can be a fantastic opportunity to display your dedication to renewable energy by using LA Solar Group commercial solar solutions. Your commitment to sustainability will make people more likely to recommend your business and purchase your products, and this could increase your reputation. Your business will enjoy an edge in the market by cutting expenses and developing relationships with clients across the nation.
As per the Natural Marketing Institute, 58% of U.S. consumers weigh the environmental impact of a company when deciding the best place to purchase goods or services. Solar panels can reduce the environmental impact of your business and increase your customer base.
Solar Power System
LA Solar Group- Solar Power for Your Business
LA Solar Group can help you identify the right commercial solar solution for your needs if ready to start with solar power. We offer a no-cost energy audit, research as well as design, engineering and implementation of a customized solution that works for you.
Making an impact is something we love. Here are two ways we’ve made a difference.
LA Solar Group helps save electricity
The company was forward-thinking that was family owned. They wanted an array of solar panels that would allow them to operate more efficiently and to provide greater value for their customers.
They picked a 920kw rooftop mounted system and were able to sell excess energy through the United States Solar Renewable Energy Certificates program.
Their solar panel system provides 32 percent of their energy needs. They are also saving electricity and have additional funds through SREC payments.
LA Solar Group Providing Solar For Homeowners
We want to support business owners , but we realize that homeowners care about the environment. LA Solar Group, our company LA Solar Group, offers solar solutions for residential properties.
LA Solar Group, an operated company, offers complete service from certified professionals. Quality workmanship is guaranteed for homeowners. LA Solar Group cares about the less fortunate. Every solar panel system that they install, they will donate 1000 meals.