IS MY BUSINESS RIGHT FOR SOLAR?
Many business owners are unsure whether their company is suitable to go solar. Myriad factors may hinder a business owner from pursuing solar. We’ll tackle some of those frequently asked questions below.
HOW MUCH WILL SOLAR PANELS SAVE ME?
Every business is different in its expenses when it comes to electricity use. Therefore the savings from solar panels may differ significantly based on the individual company’s electricity expenses. With the help of 8MSolar, the average company will reduce its monthly electricity cost by up to 75% after commercial panels. In reality, some companies can save more! For a better understanding, If a company typically pays $2000 per month for their power bills for a solar panel installation, they could save about $1500 each month.
IS MY BUSINESS MAKING THIS WORLD BETTER?
Most companies are based on the conviction to improve their performance for everyone. The carbon emissions resulting from the energy used for ordinary business operations can be a constant threat to our planet’s ability to recover itself, with solar panels demonstrating your company’s desire to be an innovator and a force in its field, al, along with being eco-friendly. Both goals coincide, and 8MSolar will assist you in achieving both.
IS MY BUSINESS BIG ENOUGH FOR SOLAR PANELS?
Are my operations too big to be solar-powered? Whatever how big your company you could profit from solar panel installations. Small businesses that install solar panels typically get a more significant percentage of their electricity bill; however, larger companies may benefit from savings on an enormous portion of their electric bills. 8MSolar can, at 8MSolar can help companies decide on the most suitable solar panel for their particular needs, including rooftop and ground-mounted panels. Solar panels are an excellent investment, regardless of your company’s size.
HOW MANY SOLAR PANELS ARE NEEDED TO POWER A BUSINESS?
The aThe Amount of solar panels required for a business’s power needs is based on the number of kilowatts of electricity that a company uses over a year. Businesses can then utilize this amount to determine the solar panels needed to fulfill their energy needs. In the latest research, 8MSolar highlights its collaboration with Extra Space Storage, where 8MSolar assisted the big business in setting up 318 solar panels. But, most average-sized companies require around 70 panels to satisfy their energy requirements. 8MSolar can help enterprises to determine the solar panel requirements to meet each business’s energy needs.
TOP BENEFITS OF COMMERCIAL SOLAR
Cuts Overhead CostsFor companies, one of the most significant overhead expenses is their electricity bill. Commercial solar panels can help cut that cost considerably. Furthermore, solar panel systems last between 25 and 30 years, and with the cost of utilities constantly rising, solar panel systems will pay for themselves and more.
Create Energy Independence: Besides cutting overhead expenses, companies can eliminate dependence on fossil fuels and commercial energy sources by switching to solar power. With solar backup batteries, businesses can reduce their reliance on solar power firms to generate power.
Present Your Environmental StewardshipFor firms, it’s essential to start investing now to ensure that the planet is functioning and healthy so that you can have a safe environment to work within! Our world is limited and has a finite amount of healing capacity from the harm humans have caused. Reducing carbon emissions for your company by installing solar panels is just one move you can make to be environmentally conscious.
Earn tax exemptions A federal tax incentive (ITC) provides an ITC 30% discount on the price of a solar power system. Furthermore, there is no limit on the amount provided by this exemption. This means that no matter how much you put into solar power, you will still be be entitled to the 30 percent discount. But, the amount of benefit will diminish in the years after 2022. Therefore, now is the perfect time to invest in solar energy to benefit from the vast reward.
Earn Environmental and Financial Returns: Businesses of all sizes that purchase solar panels can strategically ensure the financial return for years after the installation. Solar panels can pay for themselves in several years and generate savings for ten years; they’re an excellent way to earn endless financial benefits. Additionally, solar panels increase property values in selling a company. Furthermore, the offset to environmental CO2 from a unit of 105KW is approximately 11,000 trees being planted and 50,000 gallons of gasoline saved.