Electricity and energy is often one of the highest costs for a commercial business that is often overlooked. Oftentimes, businesses do not have the time to thoroughly review their energy bills and end up paying higher costs.
Now, electric and natural gas aren’t the only forms of energy available to businesses. Solar energy is continuing to grow in popularity and is often a great way for commercial businesses to save resources. If you are interested in commercial solar energy savings, Edge Insights is here to help you with energy expense management.
Solar Energy Cost Savings for Commercial Business
Right now, energy prices are skyrocketing and reaching rates we haven’t experienced before. Combine that with a troubled economy and an election on the horizon, you can see many businesses scrambling to find ways to cut costs.
Solar energy provides businesses with an alternative solution to the burden of ever increasing electricity and natural gas bills. In some cases, businesses can replace 100% of their energy use with solar power. However, before making the switch to solar energy, verify you have the roof and equipment space to install solar panels to support your facility.
With increased incentives and federal tax credits available, solar energy can help businesses dramatically reduce their energy costs to improve their bottom line. Additionally, many large companies and manufacturers also have supply chain sustainability goals that solar energy can help to meet.
If you have a passion for the environment and renewable energy, switching to solar energy is also a great way for your business to take steps to “go green” and reduce your carbon footprint. Solar energy is a clean source of power and produces no harmful chemicals that affect the environment. Solar energy also provides cost savings for commercial businesses by being low maintenance and relatively simple to install.
Another benefit of solar energy is the increased value of your property once you have solar panels installed. Additionally, because there is an increased focus on solar energy, you may be able to attract more customers and/or clients to your business by marketing your reliance on solar energy.
If you’re looking for ways for your business to save on energy costs, solar energy might be the right choice for your commercial business. Want to learn more about how Edge Insights can help you reduce cost? Contact us today!