If you are setting up a business and are considering whether to install solar power panels as your main energy source or not, it is recommended that you do go ahead and stick with solar energy. Businesses across the world have benefited from the cheap energy option that solar power offers. However, remember to consider the following points before you choose the solar system.
1. Quality Of The Solar Power System
The first thing to check is the quality of the solar power system that is to be installed at the premises. This involves various components like panels, inverters, and so on. The total energy that is generated by the system will largely depend on the efficiency of the inverter. As such, you will get more power when a highly efficient inverter is installed. Plus, you will also end up saving money thanks to the efficient operation of the inverters. Similarly, other components and factors about the solar system that need to be considered include the voltage output of the solar panel, how resistant to weather the entire system is, the quality of wiring in the system, matching inverter and panel etc.
2. Tax Incentives
The US government offers numerous tax credits for businesses that install industrial solar panels in their premises and use it as their primary energy source. The investment tax credit allows for businesses to deduct a certain amount from their taxes before making final tax payments to the government. Similarly, state laws also exist that will provide you tax breaks when using solar power. Check on all such tax incentives so that you can have a clear idea of how much money you will save through solar power installation. This will allow businesses to decide their solar power investment more accurately.
3. Shade Tolerance
In most cases, you will end up losing significant charging power if the solar panels remain under shade for most of the time. As such, it is usually recommended that you look to install the panels only in areas that receive consistent direct sunlight. However, if the solar panels will be installed in an area that has a lot of shade, then their shade tolerance is also an important factor you should look into
In addition to tax breaks, you can also be eligible for several government grants that will make the solar power investment that much more profitable. For example, the US Department of Energy provides various such grants to eligible businesses.
Finally, check the warranty and other guarantees offered by the business that will set up the solar system in your premises. Usually, solar panels last anywhere between 25 to 40 years without much of a problem. As such, businesses which manufacture top grade solar panels will have no issues providing you with 25 year warranties. If the warranty period is too low, it is better to avoid considering such businesses for setting up the solar power system.