When choosing an energy source, companies consider various factors such as cost and stability. As people become more aware of the need to protect the environment, green energy is becoming the choice of more and more businesses and companies. There are seven significant advantages for businesses that use solar energy.
1. Reducing operating costs
Energy is often one of the biggest costs for businesses and the low price of solar energy can significantly reduce the operating costs of many businesses. As the planet’s limited fossil fuels are depleted, the costs are becoming increasingly high. While the initial cost of setting up and installing a solar energy system may be high, the system usually requires very little maintenance and can operate for many years, giving a high return on investment.
In addition, modern systems, including batteries, can further reduce energy costs by providing more consistent power, regardless of the time of day or weather conditions. Browse our section on coping with the effects of different weather on PV systems to learn more about maximising solar output.
2. Reduce your carbon footprint
Clean energy practices and corporate sustainability are major topics of concern in the world today. Climate change caused by fossil fuels is a reality that is already affecting people and businesses around the world, and as a responsible business owner you can help protect the environment now and in the future by producing your own environmentally friendly solar energy. Solar energy helps to reduce the amount of fossil fuels we use, thereby reducing the pollutants that contribute to global warming.
3. Brand reputation
Stakeholders of all kinds now want to see businesses acting in a more sustainable way, from the materials they use to the fuels they burn, and switching to renewable energy sources such as solar is one of the easiest and most effective ways to meet this demand. Solar is a great way to show that your business is committed to reducing its environmental impact, so switching to solar can have a direct impact on increasing your business’s brand reputation.
4. Tax credits and rebates
Financial incentives are always an attractive prospect for businesses. To encourage more people and businesses to adopt solar energy, many governments around the world offer a range of tax incentives. Solar energy is already cost-effective and most systems eventually pay for themselves, but the tax incentives make them even more worthwhile investments.
5. Other economic incentives
In many parts of the world, a range of economic incentives are available for companies willing to invest in solar energy. Unlike the tax credits and rebates we have already mentioned, some of these incentives involve actual payments made directly to companies that switch to solar energy.
6. A more reliable source of energy
Many people do not realise the reliability that solar energy can provide. Obviously, the main grid is reliable enough most of the time. However, power outages are inevitable, and events such as fires, natural disasters and extreme weather events are even more frequent. For some businesses, such an outage can be a complete disaster. Solar energy can provide a very reliable energy supply.
Reliability is not only related to actual access to electricity, but also to price. As we have seen in recent months, the price of fossil fuel-based energy can fluctuate dramatically and unpredictably, which can hit businesses hard and even force them out of business.
7. Supporting local economies
The solar industry is booming, but many installers are still small to medium-sized local businesses. When you use a local supplier to purchase and install a solar system for your business, you are directly contributing to the local economy, supporting local employment and furthering the development of this sustainable and innovative industry in your area.
Maysun Solar offers a wide selection of commercial solar products to help businesses start benefiting from solar energy. Our solutions can help you save money, improve the reliability of your energy supply and reduce your carbon footprint. Feel free to contact us!
