4 Business Advantages of Solar Energy

If your business costs are troubling you, then you can find a fairly easy and quick solution in solar energy. Despite high adoption rates, many companies are still choosing costly and pollutant fuels over solar energy.

This may be because the companies and their executives have not taken time to consider a new energy plan, or are not knowledgeable about, or not fully convinced of the potential of renewable resources.

In this post, we explore 4 advantages of adopting solar energy for your workplace.

4 Advantages of Solar Energy

1 – Reducing energy costs

As an entrepreneur or a business-man/woman, your main goal is to reduce costs and increase profits. Reducing your monthly electricity bills through solar is an easy solution. It doesn’t matter if you have a small or big business. By turning to the sun, you can save money immediately. You just need to invest in the right type of system.

There are many financial models that you can use, depending on the savings that you want and your ability/desire to spend. You can choose to either buy the system outright, lease it for specific periods, or pay as per the usage. Regardless of how to decide to go solar, you will start saving money immediately.

2 – Additional revenue stream

Many businesses do not realize this, but you can make money (no, not save money but make money) through solar as well. Two unique models allow a system owner to make money by selling the energy produced by the solar modules to third parties. One model is known as gross-metering or net-metering (depending on the local policies) and the other is rooftop-RESCO. Each of the models can bring in additional revenue to the company, but you will have to explore if they are available in your state and country.

3 – Reduced maintenance costs

If you are a large organisation with a significant energy footprint then you probably have an in-house maintenance staff to ensure your building gets an uninterrupted energy supply. Installation of solar on your rooftop will help reduce the dependency on other sources of energy, such as diesel gen-sets and reduce your overall cost of energy. In turn, since solar requires minimal maintenance, it will also help reduce the resources required to maintain the overall energy supply systems (solar & diesel).

4 – Improve company image

Nowadays the world is increasingly conscious and worried about the environment. It is a no-brainer that having an environmentally responsible image is good for any company, since it can generate a positive response from consumers as well as investors. By transforming your company into a solar consumer or supplier, you will be able to reap the public relations benefits that come with being a “green” or “environmentally conscious/responsible” organization.

In summary, you can make a sustainable choice and start saving money by using the sun to harness energy for your company’s needs.

The E-Book FIND THE BEST SOLAR SOLUTIONS FOR YOUR HOME COMPANY OR FARM is designed to give you a quick start on solar, make your life easier and save you time. It gives you an overview of the different solar solutions and starting points to learn more about them. Download now HERE.

READ ALSO:

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Gayrajan Kohli
Gayrajan Kohli
Gayrajan is a staunch solar promoter, serial entrepreneur & management consultant. He has a decade of experience in solar PV, disruptive technologies and political consultancy in USA and India. He believes that development of solar and other renewable technologies is critical to India's energy security. Gayrajan holds a Masters and a Bachelors in Electrical Engineering from USA. Follow him on Twitter to gain daily industry insights.
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