Shams Power: Benefits of Industrial Solar Energy Systems for Industry

Large business establishments like factories use a significant amount of electricity. A solar power system for industry turns your factory into an energy producer, eliminating your dependency on power companies that can be unreliable and erratic in their service.

Switching to renewable energy can save manufacturers thousands of dollars over time and help shield them from future power price increases. Here are 5 major benefits of industrial solar power for industry.

1. Reduced Utility Costs

With the increase in energy prices, industrial facilities are looking to save money by switching to renewable energy. Solar systems provide businesses with a low-cost source of power and help reduce their utility costs over time.

Moreover, it helps them become less dependent on the local power supplier which can be unreliable and expensive in the long run. This can be a major benefit, especially to large business establishments such as factories.

In addition, governments around the world offer attractive financial incentives like tax credits and grants that can significantly lower the upfront costs of a commercial solar system. This also makes it easier for companies to recoup their investment more quickly. For instance, the federal Investment Tax Credit (ITC) can reduce solar installation costs by 26%.

2. Reduced Carbon Footprint

The energy used to run industrial plants and warehouses is often sourced from fossil fuels, which produce harmful emissions that contribute to global warming. Installing a solar system for your factory or warehouse will help reduce your carbon footprint by eliminating the need to purchase electricity from the grid.

Commercial solar power for factories is a renewable energy source that does not produce greenhouse gases and can be extracted from the environment. It also does not suffer from service interruptions like other types of commercial power sources and is an alternative to fossil fuels for power generation.

When combined with onsite storage, solar for industry allows you to become energy-independent and eliminates your dependence on a DISCOM. This provides increased protection from future utility rate hikes and helps manage facility load volatility.

3. Increased Productivity

With industrial solar energy systems, manufacturers are able to generate their own power without depending on the grid. This allows them to cut their electricity bills significantly. In addition, they can sell the surplus energy back to the grid and receive payments for it.

Solar energy is a clean, renewable energy source. It does not produce any harmful emissions, which means it is great for the environment. In addition, it helps reduce carbon dioxide and greenhouse gases, which are the primary cause of global warming.

By switching to solar power, companies can also take advantage of various tax benefits. These include accelerated depreciation, which can save them a lot of money. In addition, the government encourages businesses of all kinds to switch to solar by offering several incentives and subsidies.

4. Increased Energy Independence

A commercial solar power system can save industrial businesses money by reducing their dependency on the grid. Agricultural operations, for example, often have spacious roofs that can be used to install a commercial solar system, which allows the business to switch from a traditional electricity supply to renewable energy generated on-site.

Similarly, manufacturing companies use large amounts of electricity and can benefit from switching to solar power. This change will help to protect them against rising energy costs while also encouraging a greener choice for the environment.

Increasingly, consumers and stakeholders are demanding that companies reduce their carbon footprint and adopt sustainable practices. By investing in an onsite solar power system, industrial facilities can demonstrate their commitment to environmental responsibility while saving on electricity costs.

5. Increased Property Value

Whether it’s manufacturing, dairy, or poultry farms, any industrial business that utilizes a significant amount of electricity can benefit from switching to solar energy. These operations usually have large roof spaces ideal for commercial solar installation and can save millions by switching from utility power to clean onsite energy.

Adding battery storage to your solar system further enhances the benefits for industrial clients and protects them against future utility rate hikes. With battery prices declining rapidly, Nokomis designs all systems to easily accommodate a future onsite storage solution.

While studies and guidelines are still ongoing, the majority of research points to the positive impact that solar energy adoption has on property value. This effect is especially prominent when the organization adopting solar owns its equipment and not leases it.