Top 9 Reasons to Incorporate Commercial Solar Power into Your Business
Running a business can be expensive. You can off-set costs of electricity by incorporating commercial solar power. Using energy from the sun can save money.
Solar energy is more prevalent and more affordable than ever. Today there are over 2 million commercial and residential properties producing solar electricity. In Canada, 98% of the country’s solar power generation capacity is located in Ontario.
As you drive around your local neighbourhood, you’ll notice the number of homes sporting solar panels on their roofs. That number grows each year. You’ll also notice that many nearby businesses are doing the same.
But what about your business? Have you been considering going solar but still haven’t made the leap?
If you’ve been postponing the decision to go solar with your own business, there are many reasons to consider moving forward. Solar energy offers many benefits not only to homeowners but to business owners and the community as a whole.
Here are 9 reasons to consider commercial solar power for your own business:
1. Commercial Solar Power Provides a Great ROI
If you’re considering switching your company over to commercial solar power, but the cost is giving you pause, try to look at the change as an investment instead of just an expense.
Plus, the return on investment that you get from solar power over time frequently exceeds that of other investments you make in your business.
2. Reduce Your Overall Operating Expenses
Once you’ve paid off your commercial solar panels, you can enjoy a reduction of the expenses you pay each month for your business. These savings will add up to a lot over time.
Many business owners discover that the cost that they paid upfront to have solar panels installed will end up paying for itself in no time.
3. The Ability to Control Your Energy Bills
Any business owners know that it’s difficult to predict the upcoming month’s operating costs. You don’t know what kind of emergencies or unexpected scenarios will crop up.
when you install a solar project, however, you get rid of the unpredictability of fluctuating energy bills. This means that you know exactly what to expect each month and what you will pay to keep your building at a comfortable temperature.
Commercial solar power takes the guesswork out of budgeting for utilities, and you no longer need to worry about the rising cost of energy prices.
4. Increase Your Property’s Value
With the rise in the popularity of solar energy, commercial businesses that have solar panels sell more quickly and have higher property values than those without. This is unlikely to change since the demand for solar energy continues to grow.
If you’ve been on the fence about investing in commercial solar power, this is a big reason to consider moving forward.
5. Solar Panels Are More Affordable Than They’ve Ever Been
Though solar panels have been around for over a decade, the price of installation has dropped dramatically during that time.
Part of the reason for that is due to accelerated depreciation (Canada Class 43.1 and 43.2 of Schedule II to Canada’s Income Tax Regulations. Visit: https://www.cansia.ca/news/cansia-welcomes-2025-extension-for-solar-energy-accelerated-depreciation-in-federal-budget-2018). These efforts have made solar energy systems more affordable for those who are interested in taking the plunge.
6. Free Up Your Cash Flow
If you do decide to invest in commercial solar power, once the panels are installed and running, you’ll immediately begin saving on your energy bill every month.
As you spend less of your money to the power company, you’ll have more money on hand after you’ve paid off the panels.
With this extra money, you can find new ways to invest in your business like beefing up your marketing efforts or spending more on employee appreciation efforts. It’s up to you!
7. Boost Your Brand’s Appeal
Many business owners are pleasantly surprised to find out just how much of a boost they’ve enjoyed from customers or potential customers who appreciate their efforts to go green.
Investing in solar sends out a message about how you do business. When you go with commercial solar power, you show that you care about the environment and about supporting sustainable sources of energy.
Whether you intend to spread this message or not, your customers, employees, and shareholders will be aware of this shift. Many others might be influenced to consider the benefits of having solar panels installed for themselves.
Plus, you yourself can feel good knowing you’re doing what you can to help preserve the environment. It’s a win-win situation.
8. Support Your Local Economy
By contracting with a solar panel installation company in your area, you’re helping boost your local economy. Many businesses have been hit hard in 2020 due to COVID-19.
If you’re already considering the many benefits that solar panel installation has to offer, why wait? You’ll reap the rewards right away while stimulating the economy.
9. Solar Panels Are Reliable and Low Maintenance
As if all these reasons to invest in commercial solar power weren’t enough, wait until you find out how low-maintenance the panels are.
Solar panels are practically maintenance-free and completely noiseless. The panels themselves are covered with protective, tempered glass and are framed with non-corrosive aluminum.
They are built for exposure to sun and rain, hail and snow.
Solar panels rarely break down and even if they do, most come with a warranty that lasts for many years.
Schedule Your Solar Installation Right Away
These 9 reasons to incorporate commercial solar power are hard to debate. Join the countless other business owners who have been enjoying the benefits that solar energy offers to them, their employees, their customers, and their community.
Contact us today with any questions you might have and to set up an appointment to discuss having panels installed. We’re looking forward to assisting you!