More and more companies are switching to solar power because they realise the
impact of fossil fuels on the environment. With fossil fuels quickly depleting and
global warming coming to the forefront of collective consciousness, more
enterprises are making the transition because they know it’s best for the bottom
line.
While installing a bank of photovoltaic cells can be quite expensive up front, the
long-term benefits typically offset the initial investment. If you’re looking to install
commercial solar panels for your establishment, you must work with reputable
companies to ensure you receive the best possible deals. Look for companies with
certified tradesmen who can efficiently attend to your particular needs. After all, you
wouldn’t want to work with companies that do bulk jobs that don’t ensure quality.
Here are some of the pros and cons of solar panel installation.
PROS
Lower energy bills. Installing solar panels for your business will lead to a
gradual decrease in your energy bills. Once you work with reputable
enterprises, they will help design and build an appropriate system to provide
your business with adequate supply. You can also arrange for a range of
batteries to help you store excess energy. As a result, your business will
gradually become energy-sufficient and lower energy bills in time.
Businesses receive incentives. The government provides incentives and
grants to businesses that shift from traditional to renewable power sources.
These incentives can help the enterprise offset the investment cost and help
its bottom lines. Furthermore, there are tax incentives businesses can enjoy
to recoup their investments faster. Additionally, some agencies will provide
companies with rebates and preferred loan status.
Potential for additional income. Businesses that use solar energy can apply
for net energy metering. This means the company can sell excess power back
to the grid and earn credits which, depending on their deal, can convert to
cash or be used as payment for future bills. This can benefit the company as if
they have excess produced energy and the grid requests it, they can recoup
some of their costs quickly.
CONS
Expensive up front. Installing solar panels will cost a business a huge amount
up front. Even reputable solar panel installation companies have to charge
customers a fair fee to install the system with the right materials. You have to
work out a deal that will use top-quality products to ensure your system
works efficiently. While the costs have gone down, they’re still a bit pricey for
some, but the investment is worth it.
Regular maintenance. Solar panel systems require regular maintenance, and
scheduling such activities can hinder the system’s efficiency. Although
maintenance services are typically confined to stability and clean-up
activities, they can still decrease the energy produced and stored for later
use.
Dependence on weather conditions. While solar panel efficiency has
increased over the years, the system still depends on sunlight to charge its
cells. Without sufficient sunlit days, the system will suffer, and the efficiency
will also plummet.
Conclusion
Businesses can directly benefit from shifting from traditional grid-based energy to
renewable energy resources. They have to weigh the pros and cons, but the benefits
will typically outweigh the cons in the long run.
