Switching to solar energy for your business makes sense. Not only can you start helping the environment by reducing carbon footprint, it can actually save you money and also tap into the environmentally conscious market base.
Reduce operational costs
It is no secret that having your own renewable electricity source is way cheaper that having to tap into the grid, and when it comes to renewable energy for business today, Solar is king. According to a study by the International Renewable Energy Agency, the cost of energy generated by solar plants is on average $0.068/kWh, which is a huge decline from $0.378 ten years ago. Considering that the price fell 13.1% from just between 2018-2019 and it is expected to fall further.
Protect against changing utility rates
Because of the rising demand for energy and the fluctuating price of fossil fuels which in most countries, traditional energy sources depend on, you can expect sudden spikes in energy prices which can impact your business.
Having your own solar energy system eliminates this risk and you will no longer be affected by the rising or sudden spike in electricity rates.
Less service disruption
Having your own electricity source from Solar Energy means you are in full control of you operation’s ability to run 24/7 in terms of energy availability, eliminating the risk of shutdown due to power outages.
Quick payback for long-term savings
Solar photovoltaics (PV) cost is at an all time low (82% decline in cost over 2010-2019) and is also expected to fall further due to advancing technologies in solar panel manufacturing and increasing demand. Also, compared to other renewable energy sources, Solar energy systems are built faster which means your investment pays off quicker.
New marketing approach
There is a growing market of environmentally conscious consumers that are willing to spend a bit more if it means they are saving the environment. Switching to Solar Energy could also be a new marketing approach for you to tap into this market.
These advantages, coupled with government incentives for going green and the continuous decline in solar panels and battery cost, not investing in solar energy now would mean you are missing out on a lot of opportunities.
Want to know how much your business can save on operational cost by going solar? Click here to send us a request and we will get back to you with a FREE ESTIMATE as soon as we can.
