Electricity is one of the most expensive overhead charges you will face as a commercial business owner. Being dependent on the conventional commercial power system also exposes you to changes in energy rates. Unexpected pricing rises create uncertainty in your firm, particularly in your cash flow management. Perhaps, now is the time to switch from conventional energy sources to renewable energy sources like solar power.
Commercial solar panels are quickly becoming a popular alternative energy source in India. You've probably heard that India's best firms like Tata, Reliance, Birla Group, and more are switching a large portion of their buildings to solar energy.
But, what are the features and advantages of commercial solar panels which can help your business??
Let’s Discuss Them All.
It Saves Money.
The economic component is the most compelling reason to build a business rooftop solar system. Solar energy is now universally recognized as one of the most promising and widely accepted renewable energy sources. Commercial solar panels may supply free, continuous power for years while also contributing to a better environment. Roof solar panels are very simple to install and need little upkeep. Excess power may be sold to the grid via net metering, which has a direct influence on existing electricity bills. With decreasing fossil fuel supplies, rapid environmental deterioration, and strain on power generating infrastructure, the government has taken several actions, including subsidies, to encourage the use of solar energy.
It Promotes Your Organisation.
Using solar power to generate electricity reduces fuel usage, lowering greenhouse gas emissions and pollutants. By utilizing this alternative source, any business or industry may declare its support for the fight against global warming while also reducing the country's reliance on foreign sources. Going green will not only lower operating costs but will also act as an excellent PR and marketing strategy. Having an ecologically responsible image is beneficial to any organization since it may evoke a positive response from customers.
One of the best aspects of commercial solar panels is the ability to showcase your dedication to sustainable energy to your consumers. This sends a strong statement about your commitment to environmental sustainability. You'll make a terrific impression every time your employees, customers, shareholders, neighbors, and others learn that you're turning green or see the panels for themselves. Going solar not only helps to protect the environment, but it may also have an impact on how everyone in your neighborhood perceives your business.
It Makes Your Property More Valuable
According to various studies, commercial buildings with solar panels can have better property values and sell faster than those without. That is unlikely to change. With the solar revolution gaining traction, installing commercial solar panels in your facility might make it more appealing.
It Is Futuristic
The solar power industry's technology is continually evolving, and advancements will continue in the future. Subatomic physics and nanotechnology advancements have the potential to boost the efficacy of solar panels as well as make it double, or perhaps treble.
It Saves Taxes
To offset the expense of installing a solar power system, the central and provincial governments are generously granting business solar rebates and tax advantages of up to 20%-50%. Solar energy installation may convert a variable expenditure into a stable expense, allowing it to generate/project net profit for the future. This may be represented in the balance sheet, making the firm more profitably predictable.
#MadeInIndia and Employing Indians
When you use a solar panel installation firm like Rays Experts, you help the local economy. The installation is completed by workers from the local market. Furthermore, the rising demand for solar panel installations expands the supply of high-quality, well-paying jobs. Those employees are most likely your present and future clients.
Lighter Solar Notes
These are maybe minor considerations in comparison to the other perks on our list, but they are beneficial. If your company is physically growing, such as with additional premises or buildings on-site, the flexibility of solar panels to easily be mounted on the roof of an existing structure can save you important space elsewhere, saving you logistical issues. Furthermore, if your business is located in a residential area, the silence of solar panels, as opposed to louder technology such as mobile generators, can boost your image with the local community.
The sun is pretty much impossible to privatize, but it can be commercialized ;)