Benefits Of Solar Panels On Commercial Buildings
When a solar installer refers to a solar panel as being a 300 watt panel or a 280 watt panel those watts are dc watts they re referring to.
Benefits of solar panels on commercial buildings. Incorporating solar power into your commercial building can dramatically increase the economic value of your property. For comparison a typical residential solar panel will have 60 or 72 cells. As described below under solar panel efficiency factors premium panels will cost more and produce 25 more energy than standard panels solar panels are measured or rated in terms of dc or direct current in watts of power. Solar isn t just for intel and wal mart anymore.
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. Pros and cons of solar panels for commercial buildings. And it should not be used as the only source of information when making purchasing. Solar energy has become a strategic decision that has proven to have numerous benefits for your business.
As we move toward 2020 the benefits of solar power over fossil fuels are becoming increasingly clear. Using solar energy could potentially save you money and help you gain customers but it s not practical for every situation. Renewable energy systems are known to increase resale value by 20 000 for every 1 000 in annual electricity savings. 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.
The solar panels used in commercial and industrial scale installations are larger than residential panels. 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. This guide provides an overview of the federal investment tax credit for those interested in commercial solar photovoltaics or pv. 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.
Businesses of all sizes are capitalizing on the financial opportunities of. For commercial solar photovoltaics disclaimer. It does not constitute professional tax advice or other professional financial guidance. 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.
When thinking about switching your commercial building to solar power consider it an investment not an expense. Commercial solar panels make sense for businesses of all sizes. In some states solar power systems are also exempt from sales tax and property tax increases. 5 many types of commercial buildings businesses are good candidates for solar power.
Advantages of using solar energy for commercial buildings.