Benefits Of Solar Panels On Commercial Buildings

This guide provides an overview of the federal investment tax credit for those interested in commercial solar photovoltaics or pv.

Benefits of solar panels on commercial buildings.

Time to shake off that old way of thinking and join the growing chorus of smart business owners that have discovered that commercial solar panels are a great fit for a small to mediums sized business. Using solar energy could potentially save you money and help you gain customers but it s not practical for every situation. Solar energy has become a strategic decision that has proven to have numerous benefits for your business. For comparison a typical residential solar panel will have 60 or 72 cells.

5 many types of commercial buildings businesses are good candidates for solar power. Solar energy for commercial buildings is a clear choice as rooftop solar power can meet up to 20 of an office building s electricity requirements in india. It does not constitute professional tax advice or other professional financial guidance. When thinking about switching your commercial building to solar power consider it an investment not an expense.

Simply by utilising the roof space on your commercial premises agricultural buildings factories warehouses schools or hospitals you can install solar power generators and start generating solar energy. For commercial building owners installing solar power is an easier proposition due to the fact that commercial buildings typically can handle a larger solar system size and benefit from a lower per kilowatt installed rate. Many commercial organisations have already realised the huge potential income stream available from solar energy. Pros and cons of solar panels for commercial buildings.

As we move toward 2020 the benefits of solar power over fossil fuels are becoming increasingly clear. Businesses of all sizes are capitalizing on the financial opportunities of. In some states solar power systems are also exempt from sales tax and property tax increases. Advantages of using solar energy for commercial buildings.

For commercial solar photovoltaics disclaimer. Although pennsylvania and new jersey may not have the sunniest climate it s still possible to get some real benefits from solar panels in our area. Solar power gives you a great return on investment. The typical commercial solar installation uses 96 cell or greater solar panels meaning each panel is made of 96 or more individual solar photovoltaic cells.

Alongside the strong environmental imperative for commercial solar installation to catch on it also represents an opportunity for businesses looking to update their approach to energy use while future proofing their bottom line. Solar isn t just for intel and wal mart anymore. The solar panels used in commercial and industrial scale installations are larger than residential panels. Renewable energy systems are known to increase resale value by 20 000 for every 1 000 in annual electricity savings.

Incorporating solar power into your commercial building can dramatically increase the economic value of your property.