Does Solar Energy make sense for my Business?
Four ways Solar Energy can add real value to your bottom line:
1. PEAK SHAVING
Beyond the large quantity of energy your commercial property consumes, it may also be subjected to Peak Demand Charges. During these peak hours, usually between 12pm and 3pm, your utility provider charges you a higher premium for your energy consumption. PV Systems generate the highest quantity of energy during the times of the day when the sun shines the brightest, and your consumption is at its highest. A Solar (PV) System can reduce your dependence on energy that your utility provides during these peak hours. This process of saving energy is called “peak shaving” or load reduction during high-demand.
2. PRICE “LOCK” OR PRICE HEDGING
Retail electricity prices fluctuate widely and are subject to Seasonal Increases. PV Systems can help to reduce the price uncertainty and thus allow for improved forecasting of future energy costs.
3. GETTING AHEAD OF THE REGULATORY CURVE
The United States of America, and its new energy conscious presidential administration, is in the process of undertaking commitments to substantially reduce the emissions of greenhouse gases and alleviate America’s dependence on foreign oil.
Solar energy will eliminate a company’s reliance on carbon-intensive fossil fuels and, furthermore, a PV installation can play an important role in shifting your company onto a carbon reduction track.
Ultimately, when regulators enact new laws, your company can be ahead of the curve.
4. CORPORATE SOCIAL RESPONSIBILITY
Businesses should embrace responsibility for the impact of their activities on the environment, consumers, employees, communities. Businesses that embrace this concept are a perfect example of how each of us can help tackle the global energy crisis head-on, and significantly reduce our dependence on foreign oil. Alternative energy sources such as Photovoltaic systems substantially reduce any company’s environmental impact.
5. SOLAR POWER IS AN INVESTMENT WITH A LOW RISK AND A HIGH RETURN
Every month your business pays utility bills. By this act alone, you are already essentially financing an indefinite, variable rate loan, from your utility company. Installing a solar energy system allows you to refinance this loan at a fixed rate and term, pay less every month, and have your loan payments go towards ownership of a valuable asset.
Investing in Solar Power is a low-risk, high-return decision that is competitive with other investments such as stocks, bonds, and real-estate. Solar power systems can yield an initial return on investment of 10% – 17%. As utility rates increase, your return will also increase.
At Solar Age, we pool our experience in engineering, architecture and design to deliver a system that will achieve the highest return on investment taking into account climate conditions, geographical location, and conditions of your roof top.
Our unique position as established Integrators allows us to utilize the best equipment available world-wide, and design a system that will achieve optimum energy production at the lowest price.
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