The Average Cost Of Commercial Solar Panels
Solar energy systems produce unlimited and eco-friendly power. They are a significant contribution to sustainable energy advancements. So, it’s not surprising that the use of solar energy by commercial establishments has been rapidly increasing. The installation of solar panels by a company demonstrates its commitment to environmental conservation. Here, we’ll explore the cost of commercial solar panels, their advantages, and more.
Determining the Cost of Commercial Solar Panels
Numerous factors play a role in determining the final price of a solar panel system. Apart from the cost of the panels and the system itself, additional expenses like the following need to be considered:
- Labor
- Engineering
- Design
- Permitting
- Interconnection application costs
The cost of a solar panel system is calculated in dollars per watt – with watts serving as a measure of the system’s size based on the energy requirements of the business or residence. Currently, the average price for commercial solar systems ranges from two dollars to four dollars per watt before rebates or incentives.
Benefits of Installing Commercial Solar Systems
In addition to the environmental advantages offered by commercial solar systems, solar power can significantly reduce electricity costs. Renewable energy is more cost-effective than traditional carbon-based electricity in two thirds of the world. With an average lifespan of 25 to 30 years, industrial solar panels provide a substantial return on investment. One of the reasons solar energy is more affordable than traditional sources is the absence of market volatility. Fossil fuel prices are volatile and do not necessarily decrease over time due to their finite nature. On the other hand, the cost of renewable energy, like solar systems, has consistently declined over the years due to technological advancements.
Why Consider Commercial Solar Panels?
Incorporating solar panels into commercial or industrial buildings can:
- Decrease operating costs
- Lessen energy costs
Ultimately, this increases profitability. Going solar also helps reduce your carbon footprint, making your business a responsible participant in the community. Installing a solar electric system embraces the value of your commercial building. It improves your company’s reputation as an environmentally friendly organization. It ensures low energy costs and updates the physical appearance of your property. Solar panels typically come with a 25-year warranty and require minimal maintenance since they lack moving parts. This investment provides exceptional returns and peace of mind.
Do You Have Questions About Commercial Solar Panels?
Consult the experts at Solar Energy Solutions of America. Solar energy generates limitless and clean power. It contributes to sustainable energy developments. The growing adoption of solar energy by commercial buildings highlights its importance. If you have specific inquiries regarding the cost of commercial solar panels for your business, Solar Energy Solutions of America is here to assist you.
By installing commercial solar panels, your company can showcase its commitment to environmental responsibility while benefiting from cost savings.
For further information about installing solar panels for commercial or residential buildings, contact our experts at 239-339-8727.