It’s no secret: solar power is on the rise. In Utah, photovoltaic (PV) capacity has increased by over 1,000% in the past five years. And as solar technology becomes more affordable and efficient, that trend is only expected to continue.
For businesses, going solar can be a great way to reduce energy costs, shrink your carbon footprint, and show customers that you’re committed to sustainability. Here are eight reasons why installing solar panels may be the right choice for your Utah business:
1. Solar energy is less expensive than ever before.
The cost of solar panels has fallen by 99% since 1977, making it one of the most cost-effective forms of energy available today. In fact, in some parts of the country, solar is already cheaper than traditional forms of energy like coal and natural gas.
2. Solar energy is good for the environment.
Solar energy is a clean, renewable resource that doesn’t produce emissions or pollution. That means it’s not only good for the environment, but also for public health.
3. Solar energy can save you money on your energy bills.
Installing solar panels can help you reduce your reliance on grid-supplied power, which can save you money on your energy bills. In some cases, businesses have been able to offset their entire electric bill with the power generated by their solar panels.
4. Solar energy can increase the value of your property.
Studies have shown that properties with solar panels tend to sell for more than properties without them. That’s because solar panels can be seen as a valuable asset, much like a well-maintained landscape or a new HVAC system.
5. Solar energy can help you attract and retain customers.
Consumers are increasingly interested in doing business with companies that are environmentally responsible. By installing solar panels, you can show your customers that you’re committed to sustainability and doing your part to protect the planet.
6. Solar energy can provide your business with a hedge against rising energy costs.
Solar energy can insulate your business from fluctuations in the price of electricity. That’s because once you’ve installed solar panels, the price of your energy is locked in at a set rate.
7. Solar energy can help you take advantage of tax incentives.
The federal government offers a tax credit for businesses that install solar panels. In Utah, there are also a number of state and local incentives that can make going solar even more affordable.
8. Solar energy can provide your business with a reliable source of power.
Solar panels can provide your business with a reliable source of power, even in the event of a grid outage. That’s because solar panels can store energy in batteries, which can be used to keep lights and appliances running during an outage.
Installing solar panels is a big decision for any business. But with the rising cost of energy and the growing concern about climate change, it’s an investment that more and more businesses are choosing to make.
If you’re considering going solar, the first step is to find a reputable installer who can help you assess your needs and determine the best solution for your business. Solar panels are a long-term investment, so it’s important to choose an installer with experience and a track record of success.