Benefits Of Solar Panels On Commercial Buildings

It does not constitute professional tax advice or other professional financial guidance.

Benefits of solar panels on commercial buildings.

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. And it should not be used as the only source of information when making purchasing. As we move toward 2020 the benefits of solar power over fossil fuels are becoming increasingly clear. Solar energy for commercial buildings is a clear choice as rooftop solar power can meet up to 20 of an office building s electricity requirements in india.

For comparison a typical residential solar panel will have 60 or 72 cells. 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. For commercial solar photovoltaics disclaimer. 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.

Businesses of all sizes are capitalizing on the financial opportunities of. If you own a commercial building another factor to consider is the value of the building itself. Incorporating solar power into your commercial building can dramatically increase the economic value of your property. Renewable energy systems are known to increase resale value by 20 000 for every 1 000 in annual electricity savings.

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. The solar panels used in commercial and industrial scale installations are larger than residential panels. 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. Solar energy has become a strategic decision that has proven to have numerous benefits for your business.

Advantages of using solar energy for commercial buildings. When thinking about switching your commercial building to solar power consider it an investment not an expense. Solar isn t just for intel and wal mart anymore. 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.

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. Using solar energy could potentially save you money and help you gain customers but it s not practical for every situation. This guide provides an overview of the federal investment tax credit for those interested in commercial solar photovoltaics or pv.

Solar power gives you a great return on investment.