Are you a business owner looking to cut costs, improve safety, and enhance your company's reputation? Look no further than commercial solar lights. These energy-efficient lighting solutions offer numerous benefits for firms of all sizes. Here are several benefits of commercial solar lights for businesses.
Goto BEBEST to know more.
One of the most significant advantages of commercial solar lights is that they help you save money. These lights power themselves with energy from the sun, significantly reducing electricity consumption and lowering utility bills. You can apply these savings to other areas of your company, making solar lights a wise investment for any business looking to reduce operational costs.
Commercial solar lights can help your business maintain a safer environment for customers and employees. Poorly lit areas can create hazards, particularly in outdoor spaces like parking lots. Solar lights provide consistent illumination without requiring electrical wiring, ensuring a well-lit environment that reduces the risk of accidents, such as slips, falls, and vehicle collisions.
Today, many customers pursue businesses that exhibit eco-friendly practices. By installing commercial solar lights, your company will demonstrate a commitment to sustainability, which can result in increased customer loyalty and an enhanced reputation within your community.
Business owners know that time is money, and one of the benefits of commercial solar lights is their low-maintenance nature. Many solar lights feature LED technology, which boasts a longer lifespan and requires less frequent bulb replacements. The result? Less time spent on maintenance and more time focusing on your core business operations.
Power outages can create significant business challenges, including the loss of light and heightened safety concerns. Commercial solar lights offer peace of mind during unexpected outages, as their independent power source ensures continued illumination even when the grid goes down. This can help you maintain a safe environment for customers and staff and minimize disruptions to your business operations.
These advantages show that commercial solar lights have much to offer you and your company. Many businesses have already turned to Outdoor Solar Store to add them to their locations. Our products can help you start enjoying these benefits while you integrate sustainable energy into your operations.
Commercial solar provides a great return on investment. According to the U.S. Energy Information Administration (EIA), in , the average commercial building spent $650.04 on electricity (likely on par with most small-to-mid-sized-businesses). Over a year, this equates to $7,800 in operating expenses. Over 20 years, your business will spend about $156,010 on energy costs.
If you are looking for more details, kindly visit commercial solar landscape lighting.
Based on the same EIA dataset, the average commercial property consumed about 69,540 kWh of electricity in . Let's assume your business installs a solar panel system that offsets 90% of this electricity consumption. Let's also assume that your system's production ratio (the ratio of its estimated energy output over time, in kWh, relative to its actual size, in W) is 1.4 (it typically ranges between 1.1 and 1.7 in the U.S., depending on your location).
How big of a system does your business need? Plugging in our numbers from above, we get:
System size (in W) = Annual consumption (569,540 kWh) * system offset (0.9) / production ratio (1.4)
This gives us a system size of 44,704 W or about 45 kW. According to our table above, a 45 kW system costs about $39,150, including the ITC and five-year depreciation with MACRS.
Over 20 years, your business will save about $101,259 in electricity costs with solar:
20-year savings = 20-year electricity costs ($156,010) * system offset (0.9) - upfront solar energy system cost including incentives ($39,150)
Beyond the direct financial benefits, installing solar panels can also help your business protect itself against electricity price volatility and inflation. In many states, the price of electricity can fluctuate significantly due to demand, creating a headache for business owners who closely manage their cash flow. With solar, your business can lock in electricity prices and reduce reliance on the unpredictable electricity market, making it easier to budget and plan for the future.
Contact us to discuss your requirements of OEM small size solar panels. Our experienced sales team can help you identify the options that best suit your needs.