5 Reasons to Install Solar Panels on Your Industrial Building
An industrial building isn’t just the premises for a business, it’s also an asset in itself. As a savvy business owner, you undoubtedly want to make this asset work for you as much as possible.
One way you might choose to do so is through the installation of industrial solar panels. There are many reasons to consider investing in this alternative energy source, besides the obvious advantages for the environment.
Read on to find out more about what solar panels do and what benefits they could bring to your industrial building.
What do solar panels do?
Solar panels transform light energy from the sun into electricity. Once this electricity is produced, it can be converted into an alternating current or fed back into the National Grid.
Interested in science? Well, they’re able to achieve this due to their photovoltaic cells: these have layers that are energized when they interact with photons from the sun.
The reason that interest is increasing when it comes to solar power is that this is a clean and sustainable method of generating energy. As government measures and the international mood move away from fossil fuel usage, solar panels represent a great alternative source.
Why should I install solar panels on my industrial building?
There are many good reasons to invest in solar panels for your industrial building. Here are just 5 of them!
They result in significant savings, especially for large industrial buildings
Industrial buildings usually require a lot of power, and that results in expensive electricity bills! Most business owners would do anything to reduce these expenses and increase their profit margin.
In reality, one of the easiest and most effective actions they could take would be to install solar panels.
Naturally, this would require an initial investment. However, this investment will eventually pay for itself many times over in reduced electricity costs!
Why rely on the National Grid, whose prices might increase at any moment? With solar panels, you can take control of your energy bills.
They’re a low-risk investment that requires little maintenance
Investing in an asset generally involves a degree of risk. Will this asset perform for your business? Is the potential gain worth the potential loss?
An investment in solar energy is relatively low risk. Why? Because it will definitely bring in a return. Your solar panels are guaranteed to reduce your electricity bills.
You don’t need to spend a fortune on their upkeep, either. There are no running costs to pay. In terms of solar panel maintenance, they only require the bare minimum.
An affordable asset with guaranteed returns needing no significant servicing? No wonder so many industrial buildings are being fitted with solar panels.
They can provide an extra revenue stream for your business
You may only have imagined solar panels that supply electricity to your own business. They’re capable of so much more.
If you have a surplus of energy, then the Smart Export Guarantee allows you to sell electricity back to the National Grid. You’ll be generously compensated for your contributions!
Common sense dictates that diversifying your income streams provides greater stability to a business. One way you could do this would be by installing solar panels on your industrial building.
Industrial buildings tend to be large with a lot of roof space. You can make the most of this space to generate as much solar power as possible!
They can be a source of positive public relations
Customers love to hear about the measures that businesses are taking when it comes to social responsibility. They want to know that you care about people and the planet, not just your own profits.
As the climate crisis worsens, consumers are increasingly holding companies accountable for their contributions. Investing in solar panels is a great way to show your commitment to the environment.
It’s a concrete action that makes a measurable difference. This shows that your business is not just writing value statements, it’s actually putting its money where its mouth is.
They will protect you from future disruption and increased energy costs
In response to the acceleration of global warming, the government has set ambitious goals with the aim of achieving net-zero emissions by the year 2040.
This may mean that the National Grid will have to enforce sanctions and limits for excessive energy consumption. It may also result in price hikes to deter unnecessary energy usage.
You can avoid these issues by investing in your own independent energy source. Solar panels on your industrial building will ensure that your operations remain uninterrupted.