Over the years, solar power has increased in popularity as you can now see commercial solar panels on TV stations unlike in the past when people knew little about them and very few people or businesses use them because they were considered to be expensive.
However, that’s not the case today because solar panel systems have proven to be an environmentally friendly and cost-effective approach to fossil fuels.
Asides from the obvious financial benefits that come with using solar power, there are other reasons why your business should convert from using power generated from fossil fuels to solar power (or energy).
So, what other reasons are there? Here in this guide, you’ll find seven compelling reasons why commercial solar panels are becoming more and more popular in 2022 and beyond.
Table of Contents
1. Reduces business expenditure
Business owners are currently in search of better alternatives that can cut operational costs without influencing the quality of goods and services delivered without harming the environment.
Solar energy (or power) offers a solution for businesses that looking to cut operational costs by reducing or eliminating their monthly electricity bills.
Hence, rather than paying thousands of dollars to your electricity provider, you can generate your own electricity using solar panels.
2. Fast and high return on investment
Due to the Solar Panel Depreciation tax code, businesses that want to switch to solar energy will receive a good amount of the money invested in the first year of installing the solar system.
3. Reduced carbon footprint
Solar systems do not only reduce or eliminate your electricity bills, but they also help in reducing your business’s carbon footprint.
Solar power is clean and green energy that directly cancels the utility expenses made to electric power companies that generate electricity from coal and gas-fuelled power plants.
4. Environmental leadership
Customers are now environmentally friendly conscious and as such, they often weigh a business’ commitment and contribution to sustainability in their decision-making.
Going solar is a great way to let the world know that your business or brand cares about the world. This will give your business a good reputation and make it stand out among your competitors.
5. Performance-Based incentives (PBIs)
Did you know that you can generate power and sell it to your utility provider (or the power grid)?
PBIs make it possible for you to receive payments from your utility provider for the energy sent from your solar panel system.
6. It increases your property value
A survey carried out by Australian Home Experts showed that buildings, homes, and commercial properties that already had installed solar systems have a higher market value than buildings, homes, and commercial properties without them.
This gives home and business owners better resale value for their property.
7. Low-maintenance
Solar panels usually don’t have movable parts.
This means that they won’t require too much maintenance asides from cleaning which keeps the in good shape and make them last longer.
If you are truly concerned about checking for faults then you can have a professional look at your system once every three to five years.
Are commercial solar panels worth it?
The answer is YES!
There are so many benefits that come with using solar power in your business. Not only will you be able to reduce operational costs, but you’ll also help in saving the environment
So, what are you waiting for? Invest in commercial solar panels today and enjoy a better tomorrow!
The History of Commercial Solar Panels in Australia
Solar panels have been around for a long time, with the first recorded use in Australia dating back to 1883.
The earliest known use of solar panels in Australia was by Dr Darlinghurst who used them to power his house in Sydney
However, it wasn’t until the 1950s that solar panels began to be used more widely
It was during this time that scientists and engineers developed new ways to make solar panels more efficient and less expensive. This led to an increase in the number of homes and businesses using solar panels.
The 1970s was a big decade for solar power in Australia. In 1977, the world’s first grid-connected photovoltaic (PV) system was installed in Sydney
This system was connected to the mains power supply, allowing surplus electricity to be fed back into the grid.
The early 1980s saw the introduction of solar water heaters, which became popular due to their ability to reduce energy costs.
The 1990s was a decade of growth for solar power in Australia. The number of homes and businesses using solar panels increased significantly, as did the amount of solar energy being generated.
In 1999, the world’s largest PV power station was built in Mildura, Victoria. The power station had a capacity of 10 MW and consisted of over 60,000 solar panels.
In 2018, there was enough solar energy installed to power over 2 million homes.
Conclusion
Today, solar power is one of the fastest-growing energy sources in Australia. The number of homes and businesses using solar panels has continued to increase, as has the amount of solar energy being generated.
The future looks bright for solar power in Australia with the continued growth of the renewables industry and the cost of the installation of solar panels is predicted to increase at similar rates to property. It would be wise to get in as quickly as possible and start saving.
