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.

In some states solar power systems are also exempt from sales tax and property tax increases. And it should not be used as the only source of information when making purchasing. Solar isn t just for intel and wal mart anymore. The solar panels used in commercial and industrial scale installations are larger than residential panels.

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. 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. 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 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.

For comparison a typical residential solar panel will have 60 or 72 cells. Solar power gives you a great return on investment. For commercial solar photovoltaics disclaimer. 5 many types of commercial buildings businesses are good candidates for solar power.

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. Renewable energy systems are known to increase resale value by 20 000 for every 1 000 in annual electricity savings. Incorporating solar power into your commercial building can dramatically increase the economic value of your property. Commercial solar panels make sense for businesses of all sizes.

Simply by utilising the roof space on your commercial premises agricultural buildings factories warehouses schools or hospitals you can install solar power generators and start generating solar energy. Businesses of all sizes are capitalizing on the financial opportunities of. Pros and cons of solar panels for 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.

If you own a commercial building another factor to consider is the value of the building itself. As we move toward 2020 the benefits of solar power over fossil fuels are becoming increasingly clear. This guide provides an overview of the federal investment tax credit for those interested in commercial solar photovoltaics or pv. When thinking about switching your commercial building to solar power consider it an investment not an expense.

Advantages of using solar energy for commercial buildings.