Shams Power: Benefits of Commercial Rooftop Solar for a Business Owner in Pakistan

What business owner doesn’t want to see a lower overhead? Solar energy can eliminate or significantly reduce electricity costs for your company.

In addition to savings from a reduced utility bill, businesses can also benefit from federal and state tax credits, MACRS equipment depreciation, and net energy metering/feed-in tariffs. These incentives make commercial rooftop solar an incredibly valuable investment.

1. Reduced Utility Bills

Businesses can benefit from a great return on investment when switching to solar energy. The savings from lower energy costs can be significant and are often much higher than the cost of installation.

Businesses that go solar can also save on electricity rates during peak times of the year when utility rates are highest. Additionally, rooftop solar allows for electricity to be produced close to the point of use, reducing losses during transmission that are typical in the grid system.

Many states offer credits for rooftop solar customers that send excess electricity back to the grid. In addition, local rebates are available to help offset the upfront costs of solar panels. Depending on the method of financing, business owners can save money right away and start saving more over time with a commercial solar power system. This can be especially important for small businesses that need every penny.

2. Reduced Energy Costs

As electricity is a big cost for any business, having the ability to control your energy costs can be a game changer. By transitioning to solar power, you will be able to cut your business’s reliance on commercial power grid electricity. This will protect you from any spikes in electric rates that can often cause businesses to suffer financially.

Commercial rooftop solar can also provide you with a clean, renewable source of energy that will help keep the planet cleaner. In fact, according to a study conducted by NRDC, if all the warehouses in America used solar panels, it would be enough to prevent 112 million metric tons of carbon dioxide from being spewed into the atmosphere each year.

Although the initial investment of going solar can seem steep at first, it has become increasingly more affordable for business owners due to lowered installation costs and increased financing options. Additionally, your cumulative savings from reduced energy bills will soon offset your initial capital outlay, making solar a smart financial decision.

3. Reduced Maintenance Costs

Commercial rooftop solar is a PV system installed on a building’s roof to generate electricity. The system consists of photovoltaic modules (solar panels), wires, inverters, and mounting systems. Depending on location, many commercial buildings are eligible for local rebates to offset the cost of installing a rooftop solar power system.

Using a solar energy system to create electricity reduces reliance on grid electricity prices that are subject to volatile market changes. Our experts can size your business’s system to create as much power as it consumes on average, thereby zeroing out electricity costs.

Additionally, generating electricity close to where it will be used reduces energy losses from transmission and distribution. This means your carbon footprint will be smaller. With monitoring, you will be able to detect any tiny performance dips that could become large problems down the road and address them immediately. This will help you avoid costly repair bills down the road. Having solar panels on the roof of your business can also add to brand recognition and give customers a positive first impression of your company as a green business.

4. Increased Value

Many commercial solar customers find that their rooftop installations increase the value of their property, making them a great selling point. This is particularly true when the business utilizes state performance-based incentives, which reward businesses for the energy they produce.

In addition, a commercial solar energy system will reduce the need for expensive new electricity generation and transmission infrastructure and lower carbon dioxide emissions. As a result, generating electricity on rooftops close to where it will be used eliminates the need for power losses that occur during the distribution of traditional electricity.

The cost of solar is decreasing fast, and the upfront investment is offset by state and local rebates that provide cash back once the system comes online. Working with a solar contractor specializing in your market will maximize your odds of claiming these benefits. Additionally, working with a solar contractor supports the local economy by providing jobs to workers in your area. This can help you attract and retain employees who are committed to your company’s sustainability goals.