Responsible businesses are looking for sustainable alternatives, to reduce their energy costs.
Drastically Reduce Bills
Whether you’re a homeowner, business, or nonprofit, electricity costs can make up a large portion of your monthly expenses. With a solar panel system, you’ll generate free power for your system’s entire 25+ year lifecycle. Even if you don’t produce 100 per cent of the energy you consume, solar will reduce your utility bills and you’ll still save a lot of money.
Great Return on Investment
Solar panels aren’t an expense – they’re one of the best ways to invest, with returns rivaling those of more traditional investments like stocks and bonds. Thanks to substantial electricity bill savings, the average American homeowner pays off their solar panel system in seven to eight years and sees an ROI of 20 percent or more.
Protect against Rising Costs
One of the clearest cut benefits of solar panels is the ability to hedge utility prices. In the past ten years, residential electricity prices have gone up by an average of three per cent annually. By investing in a solar energy system now, you can fix your electricity rate and protect against unpredictable increases in electricity costs.
Increases Property Value
Multiple studies have found that homes equipped with solar energy systems have higher property values and sell more quickly than non-solar homes. Appraisers are increasingly taking solar installations into consideration as they value homes at the time of a sale, and as homebuyers become more educated about solar.
Protect the Environment
Solar is a great way to reduce your carbon footprint. Buildings are responsible for 38 per cent of all carbon emissions in the U.S., and going solar can significantly decrease that number. A typical residential solar panel system will eliminate three to four tons of carbon emissions each year—the equivalent of planting over 100 trees annually.
Companies quickly are realizing the social and economic benefits of adopting solar power. As early adopters pull ahead of the competition, many companies are exploring solar power as a way to keep up.
No CO2 Pollution
Fossil fuel reliance leads to excessive CO2 emissions and air pollution, resulting in health issues and climate change effects like altered weather, rising seas, and ecological harm.
Low-impact energy source
Sunlight’s limitless accessibility contrasts with fossil fuels requiring damaging extraction, transport, and leading to ecological harm and potential disasters like oil spills.
Low-impact energy source
Solar power’s GHG-free nature will counter 93,022 tonnes CO2e annually, displacing 95,145 MWh/year fossil fuel-based electricity in India’s grid with high reliance on such sources.