What is Solar?
Solar energy is energy from the sun. Solar panels generate electricity using sunlight. These panels are usually mounted on the roof and are angled to face the sun. Countries all over the world use solar energy to reduce reliance on fossil fuels as a major part of their energy supply. Owners of residents use solar panels extensively to cut monthly electricity bills, so electricity demand of electric power companies is reduced and additional costs are saved.
Why Go Solar?
These days, solar energy is becoming more and more popular. Are you considering getting solar energy for your business? Solar energy is used in many homes and commercial buildings, including Google’s central office in California. Using solar is innovative and creates growth opportunities. The International Energy Agency plans to use solar energy to meet two-thirds of the world’s capacity by 2015-2020. People are more likely to use the advantages of solar technology everywhere in the world because the boards provide more efficient and expensive solar energy.
Costs Saved with Solar for Your Business
How much does solar save? Solar energy savings can be significant. Solar energy wins out in terms of efficiency and the environmental benefit– there is no contest between solar energy and fossil fuels. There is a tax credit deducting 30% of the total cost of installing photovoltaic power system. It is effective for residential and commercial solar installations. There is no upper limit on its value.
The cost of setting up a residential solar system depends on the area you live in and the peak daylight sunshine in that area. Please contact your solar panel installer to see how much energy the solar panel generates. The size of the system and current household energy consumption patterns mitigate the installation cost of solar panels and long-term energy saving. Conversion to solar energy is easier and cheaper than a few years ago.
When a company reuses upfront investment, it can generate free electricity from its panel system after many years. One of the best reasons to install a commercial or industrial solar panel system is economics. Use solar energy at factories and small and medium enterprises to offset some or all of the electricity consumption, starting from the first day, to reduce electricity bills. When the power demand of your business is very high and the utility cost gradually is paid off by the profit, you may want to consider commercial photovoltaic equipment.
How Much Will You Save?
If you install the 3.1 kilowatt-hour system, you can increase the value of your home by $18,000. What is a kilowatt hour? A kilowatt-hour is a measure of energy. The abbreviation for kilowatt-hour is kWh. An appliance kilowatt-hour information shows how much energy that appliance will need to run for an hour. Most of appliances and electronics have their kWh usage visible so that the user can see them. The electricity bill that your utility company sends you every month is also measured in kilowatt-hours. If you know an appliance kWh and your electricity bill’s total kWh, you can do some quick math to figure out how much that appliance costs you to use over the course of a day, week, month, or year.
According to EnergySage market data, the average owner of a commercial real estate in the United States can reduce the total energy cost by 75% and replace it with solar energy. According to the report, the average commercial real estate owner provided electricity for $ 1950 a month before commissioning solar energy. After installing the solar energy system, they received about $ 500. The company was founded because the commercial solar panel installation market is slowly growing compared to the residential and large scale public works market. Between 2011 and 2014, the housing solar panel installation market has more than tripled and the large utility market has more than doubled. At the same time, the commercial market grew only 25%. According to Bunan Birsic, co-founder and chief executive of Wunder, this is because the commercial market is inadequate in terms of financing options. There are several ways to incorporate sun panels on existing commercial facilities and parking. Blue Oak Energy successfully launched commercial sun shields at large corporate camps like Google and Fortinet.