As people become more conscious of the current environmental crisis, renewable energy has become a popular way to fight against global warming. Being aware that your business is taking part in creating a better future for the next generation is certainly comforting. For some, this comfort comes from the savings that renewable energy sources provide for your business’ utility costs. A solar array is one of the best choices for companies looking to aid their carbon footprint, while helping their bottom line. At Naveco Power, we help you and your workplace in this noble pursuit. This blog will help you to determine if commercial solar, arguably the future of solar energy, is right for you and your company.
A solar array is one of the best choices for companies looking to aid their carbon footprint, while helping their bottom line.
Who Has a Solar Array?
Commercial solar is not just an exciting thing of the future, it is an exciting element of the here and now. Large enterprises the over world are involved and invested in solar energy. Companies such as Walmart, Costco, and Ikea are producing solar energy today. As well, Fredericton High School, once the largest in the entire Commonwealth, is now producing solar energy. Private businesses, non-profits, government institutions, and other elements of the public sector are all getting involved. They comprise what we call commercial solar. These examples show that investing in a solar array today shows clear benefits for the environment and your utility bill.
There is ample opportunity for business owners to reap the benefits of commercial solar today, with great savings and an eased conscience, knowing you're helping this world towards a better tomorrow.
Our Climate Provides Optimal Efficiency
Commercial solar is actually more efficient than residential, as the solar panels are larger and can garner more sunlight. In our climate, solar is more efficient as well. This is because, in extreme heat, a solar energy system struggles to create more energy at the risk of overheating. Whereas in our more temperate climate, we find ourselves in optimal conditions to have efficient solar systems. Snow isn’t an issue either, as the solar panels will melt the snow. Additionally, if you pair them with a battery to store excess energy, you will still benefit on cloudy days.
So long as you have the space, and your building sees enough sunlight, you can benefit greatly from solar energy. If you rent, you can still benefit from solar power, with an arrangement with the owner of your building. There is ample opportunity for business owners to reap the benefits of commercial solar today. With these great savings and an eased conscience, you can find peace in knowing that you're creating a better tomorrow.
Net-Metering Will Save You Money
Commercial solar helps to flatten the curve of not only the environmental crisis, but also that of your utility bill. This is because solar energy can help save your business tons of money by lowering your utility costs. If you choose to invest in commercial solar, your solar array will be a ‘grid-tied’ system. This means that your system is connected to the public energy grid. Therefore, you can discharge any excess energy back into it, earning you money in the process. This process is called net-metering, and it is happening right here in New Brunswick.
In this way, you can make money off any excess electricity you do not use in the run of a day. Your meter will be replaced to measure both the energy your business consumes and produces. The process of benefiting from net-metering is made simple and easy by Naveco Power and NB Power.
Solar energy can help save your business tons of money from lowering your utility costs. With solar energy, you can make money off any excess electricity you do not use in the run of a day.
Demand Charges Will Save You Even More
A solar array can lower your utility costs in another way as well. Your utility bill is determined through demand charges, meaning you pay a certain rate for your consumption of electricity. This is based on your peak consumption within a month, which can be measured in fifteen minutes often. Solar energy systems, particularly when paired with a battery storage unit, lower your peak consumption of electricity. Therefore, this lowers your overall utility costs for an entire month. The more energy your panels produce, the more this effect is amplified, and the more you save. These methods, and any available tax incentives, allow your business to offset the upfront costs of commercial solar.
If commercial solar works for your space and your company, it is surely a sound investment. As a business, the time is now to help the environment. Meanwhile, you will lower utility costs, exploit tax incentives, avoid fluctuating utility rates, benefit from net-metering, and lower demand charges. This will result in immense overall savings. These benefits are waiting, and Naveco will be happy to help you learn how you can profit from commercial solar.
As a business, the time is now to help the environment. Meanwhile, you will lower utility costs, exploit tax incentives, avoid fluctuating utility rates, benefit from net-metering, and lower demand charges. This will result in immense overall savings.