We, at Eco Green Energy, receive advice and request from industrial which are considering solar energy installation on their roofs. Here, we have listed 8 advantages of advising our partner to go for a solar PV installation.
1.Reduction of Electricity bill
Electricity costs are always rising. Usually, the electricity bill for a warehouse represents around 15% of the total cost. The tariff rates for rooftop solar in comparison to industrial and commercial tariff rates are cheaper by 17% and 27% respectively.
As a business that uses lots of electricity to power equipment and interior and exterior lights, the best way to control your costs is to find alternative energy sources, like solar energy.
2. Protect against power cost increases
On average the cost of electricity in Europe increase by up to 16% in the past 10 years.
Solar energy offers a fixed-cost solution, with a lifespan of 25-30 years.
It makes your energy bills more predictable at lower costs.
Maintenance and monitoring of your solar systems are cheap.
3. Increase in your property value
Installing solar panels on your roofs can increase your property’s value. Also help to sell faster if you intend to sell your commercial, industrial, or multi-unit residential property in the future.
This is because of the increasing value of energy efficiency. When a building has solar panels, some or all the energy needed by the building is produced by the panels. This means that the short and long-term operating expenses of your building are lower than comparable buildings that do not have solar panels installed on the roof.
4. Reduce your carbon emission
Saving the planet and reducing carbon footprints and fossil fuel consumption continues to grow with every generation. Unlike fossil fuels, solar panels generate electricity with no air or carbon pollution. Moreover, no ash or other waste products, and no inputs other than sunlight.
More and more companies are now looking for a supplier with low emission carbon. And more and more final customers pay attention to this argument and the social responsibilities of their supplier.
5. Consume free power and sell the excess
To install a solar system on the rooftop, there are two cooperation models: Capital Expenditure and Power Purchase Agreement. For Capital Expenditure, consumer purchases the solar system, and Solar Energy produce can be used for daily factory/warehouse consumption. Then, consumers can sell excess energy to the local government.
6. Local government support in some countries
To encourage people to adopt solar energy, the government offers tax credits. Including those who install rooftop solar panels whether it be for residential or commercial purposes.
For example, in Indian, the government pays 30% of the installation cost as a subsidy to the installer. According to the principles of the Ministry of New and Renewable Energy. [From The Economic Times]
Also, in China, after the rooftop solar system is put into operation, the benchmark feed-in tariff or tariff subsidy standard of the year will be implemented. And the period is 20 years according to principles.
7. Easier monitoring of your ROI by App
Consumers can use the APP to monitor their rooftop solar systems. Usually, the APP enables PV installers and system owners to view the most updated data and perform remote monitoring. Then, they can use their cell phones at any time and anywhere to check the solar energy harvesting.
8. Roof protection: Cleaner and cooler roof
Installing solar panels on your roof can help keep the roof cool from the harsh rays of the sun. Solar panels will absorb the sunlight not only to produce power but also to protect the roof from direct sunlight. The solar panels effectively act as a shade tree over the roof. According to a study, they help reduce the temperature inside the home up to nearly 35% or more.