The many benefits of solar panels make them a popular choice for commercial building owners. Property and business owners wanting to go green can install solar panels on an existing roof to instantly reduce their carbon footprint and improve energy efficiency. But just in case you need a little more convincing, here are seven reasons to consider installing solar panels on your commercial building.
Installing Solar Panels Can Help You…
Keep Texas’ Air Clean
Solar panels are a good choice if you want to do something to improve the environment. Since solar panels generate power from the sun, your commercial property won’t create pollution from fossil fuels burned to create power from a traditional energy grid.
Installing solar panels on a commercial roof offers multiple benefits, such as:
- Better air quality
- Minimize using natural and coal gas
- Help to fight climate change
- Reduce water consumption
Increase Your Fort Worth Property Value
You can enjoy a hefty return on investment by installing solar panels on your commercial roof. Although the upfront cost seems daunting, you’ll give potential buyers what they want. More commercial owners look for properties with solar energy. They’re becoming a popular choice in the market. Solar energy also increases the value of a building over time.
Solar energy reduces electric bills, making it a strong selling point. Anyone who owns a business knows monthly utilities can be sky-high. With a lower electric bill, whoever buys your building can focus their cash flow on other expenses.
You also improve the value of your commercial building by adding solar panels because of their positive environmental impact. That is another attractive aspect of a property for a prospective buyer. They want to move their business into a space that protects the environment without paying for solar panel installation themselves.
Reduce Your Electric Bill (There’s never been a better time!)
Installing solar panels can be expensive. However, it pays off in the long term. You add a significant investment to your commercial property by including a product that will lower your monthly electric bill to save you money.
The amount of solar energy you choose will determine your monetary savings. You can make money by selling power back to the electric company with enough solar panels to power your entire building.
Protect Against Power Outages (Something we’re no stranger to in Texas!)
Power outages often occur during severe storms, strong winds, and heavy rain. Trees can also fall on power lines, causing entire cities to lose power. Installing solar panels reduces that risk because you don’t depend on a power company to supply the electricity you need to keep the lights on in your building.
Improve Your Brand’s Image
Maintaining your company’s brand is essential to keeping current customers and gaining new ones. You can improve your brand image by switching to renewable energy. Solar panels are environmentally friendly, showing the community how much saving the planet is a priority for you. When potential customers research businesses, they might see your green initiative, making it the deciding factor in choosing your company over another.
Take Advantage of Tax Incentives
Commercial building owners with solar panels on their roofs can enjoy multiple tax breaks. You might qualify for an investment tax credit (ITC) by installing solar panels on your commercial roof during the same tax year. It reduces your federal income tax liability for a percentage of the installation cost.
You can also reduce your business’s federal income tax liability with the production tax credit (PTC). It applies to solar-generated electricity during the first ten years of the system’s operation.
Solar Panels Are Also Low Maintenance
Minimal maintenance is necessary to keep solar panels in good condition. They can withstand poor weather conditions such as strong winds, heavy rain, and severe storms. Knowing the panels won’t sustain significant damage requiring expensive repairs gives you peace of mind.
Solar panels also come with a warranty. It protects the system from performance issues, defects, and other factors affecting electricity production. That means the process should be straightforward and cost-effective if you ever need a repair or replacement.
Get Started on Your Solar Panel Installation Today
You can save your business money by installing solar panels on your commercial building. Look no further than Texas Select Construction for a team of experienced commercial roofing professionals to handle the job. We work carefully and efficiently to complete the installation correctly and within your desired timeframe. You can count on us to provide quality solar panels that improve your roof’s functionality and longevity.
If you are interested in installing solar panels on your commercial building in Fort Worth, call Texas Select Construction at (817) 770-0744 today for a free inspection. Don’t forget to ask about our Roof Asset Management Program for commercial property owners – it can help you save money, avoid trouble, and protect your warranty!