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The Benefits Of Solar Power For Your Business

27 March 2023

solar panels

In recent years, the popularity of solar power has increased significantly, leading more and more businesses to recognize the advantages of this renewable energy source.

Installing commercial solar panels on your business premises can yield numerous benefits, such as reduced electricity expenses and decreased carbon emissions. As a result, this can lead to lower overhead costs and enhance the reputation and credibility of your brand.

Why Choose Solar Power for my Business?

In light of this, the following are some of the primary advantages that solar power can offer your business.

1. Reduced Electricity Costs

Installing solar panels presents a significant advantage in terms of reducing your business’s electricity expenses, which can be a significant overhead cost, especially for companies in manufacturing, food and beverage production, engineering, and cold storage.

Solar panels offer electricity at approximately one-third of the cost of grid-supplied electricity, resulting in immediate savings.

Furthermore, investing in solar panels enables you to purchase electricity in advance at a rate of 4-5p per unit, compared to roughly £15 from the grid, potentially saving your business substantial amounts of money in the long term, particularly as electricity costs continue to rise. In the past year alone, the average cost of electricity has increased by approximately 65%!

By decreasing your electricity costs, you can free up additional capital to allocate towards essential areas of your business that will fuel growth and increase profits.

Ultimately, solar panels can serve as a dependable approach for businesses to diminish their electricity expenses and secure their future electricity supply.

2. Fewer Carbon Emissions

One of the significant advantages of installing solar panels on your commercial property is the ability to generate your own clean, renewable electricity. Unlike conventional fossil fuels, solar energy generates no harmful emissions or pollutants.

Utilising solar panels is a dependable approach to decreasing your environmental impact and lessening your company’s carbon footprint.

Relying on solar power instead of fossil fuels can significantly reduce greenhouse gas emissions, leading to less pollution and aiding in the fight against climate change while allowing the environment time to recover.

As part of their corporate social responsibility (CSR), companies are obligated to operate their businesses in a manner that positively impacts society and the environment.

Installing solar panels is an effective strategy for businesses to enhance their CSR image by taking an active role in addressing environmental concerns.

This approach is expected to resonate with environmentally conscious consumers, ultimately increasing sales and profitability in the long term.

3. Improved Green Credentials

As previously mentioned, utilising solar panels to generate electricity is one of the most effective methods of decreasing your carbon footprint.

Additionally, installing a solar panel system is a highly visible way of demonstrating your commitment to sustainability. Climate change is a critical issue, and an increasing number of consumers seek to support environmentally-friendly brands that adopt sustainable practices in the workplace.

According to Forbes, 58% of consumers are willing to spend more on sustainable brands. Therefore, utilising solar energy can enhance your brand’s overall image and reputation, attracting new customers, increasing sales, and improving revenue potential. You can also leverage your green credentials to capture the attention of stakeholders, lenders, and other crucial business entities.

4. High Return-On-Investment (ROI)

Commercial solar panels typically have a payback period of approximately 6-8 years, with a return on investment (ROI) ranging from 14%-16%. This makes solar panels a compelling investment opportunity for numerous businesses, particularly those with significant energy consumption, such as agricultural or manufacturing companies.

Solar panels have the added benefit of requiring minimal maintenance. After installation, a solar panel system typically provides a dependable source of electricity.

Moreover, most solar panels come with a guarantee of 25 to 30 years, and solar panel cleaning is necessary every 12-24 months to ensure maximum efficiency.

5. Solar Power Is Low Maintenance

Once installed and optimised, solar panels are incredibly dependable and require minimal maintenance. In contrast to other energy sources, solar panels are not noisy or obtrusive.

Many solar panels come with a 25-year warranty, and some companies claim they have a 30-year lifespan. Although solar power is impacted by weather, location, and nighttime, solar energy remains abundant.

6. Cheap & Easy To Install

We understand that the cost of solar panels is a significant concern for our customers. However, due to the ease of installation (solar panels have no moving parts), we can provide consistently excellent prices.

Solar panels are no longer considered a luxury experimental item, and technology is continually advancing.

According to the Eco Experts, the cost of solar panels have dropped by 82% since 2010. This decrease in cost makes solar energy a more valuable opportunity for businesses than ever before. The future for solar energy looks bright, and we are excited to be a part of it.

7. Silent & Space-Saving

While not as significant as the other advantages mentioned earlier, there are still some practical benefits of installing solar panels on your commercial property.

For instance, if your business is growing and adding new buildings or premises, solar panels can be easily installed on existing rooftops, freeing up valuable space for other uses.

Additionally, solar panels operate silently, making them a preferable option for businesses located in residential areas where noise can be an issue. This can help to improve your business’s reputation with the local community compared to noisier alternatives like mobile generators.

Reliable solar panel installers for the North West and beyond

Ready to solar-power your business? AMP is there to make it easy for you. Get in touch here to get started with your FREE quote on commercial solar panels in Manchester.

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