As a Palm Valley business owner, you might have considered switching to commercial solar panels risky. Large companies have taken this step already because it makes sense for the investors and shareholders, but do you get the same results as a one-person LLC or a small business operator?
The truth is that solar isn’t for the most prominent brands anymore. With prices in our industry dropping significantly in the past five years, anyone can capitalize on the potential benefits of this resource.
Here are the potential advantages for you to consider if your business is considering an investment in commercial solar services today.
1. You Get a Fantastic Return
It’s essential to think of commercial solar as an investment instead of an expense. Once the photovoltaic panels are installed, you’ll get numerous returns, delivering different revenue generation or cost savings measures to improve the bottom line.
2. Operating Cost Reductions
After the initial purchase and installation costs are covered, your operating expenses drop dramatically with solar power. Most companies find that this option pays for itself over a lifetime of use.
Since bonus depreciation and tax credits are also available, the one-off charge to your budget isn’t as painful as you might think. Florida offers several incentives, and a 100% bonus depreciation is available as a first-year deduction. You’ll want to consult your tax advisor to know how to proceed in your circumstances.
3. Property Value Increases
Although commercial land doesn’t look at equity and value in necessarily the same way as homeowners, it is still important to consider how property values rise when solar panels get installed. If you’re ever put into a place where selling is necessary – or part of your exit strategy, this asset can deliver an improved return.
4. Branding Improvements
Converting to solar energy helps your brand and business engage more with the green consumer category. Even if you don’t generate immediate interest with your upgrade, the positive message sent to Palm Valley about your commitment to clean energy will eventually resonate with the right people. When you go solar, it protects the environment while affecting how the community views your business.
5. Local Economy Support
When you work with a commercial solar services installer in Palm Valley, you’re helping boost the local economy. We deliver competitive, skilled employment opportunities while helping homes and businesses achieve higher levels of energy independence. As demand increases, you’ll find that we may end up with several customers in common. That networking is a critical resource!
6. Low Maintenance Needs
Commercial solar panels are almost maintenance-free as a resource. They deliver noiseless power that is typically easily accessible when something does require a fix. The solar cells get encased in tempered glass for extra protection, framed by aluminum that resists corrosion. They’re built to withstand almost any form of precipitation.
Commercial solar services in Palm Valley can unlock the full potential of this resource. Contact our team today to discuss how PV panels could be a suitable investment for your company this year.