Whether you’re looking to install panels on the roof of your property or get clean energy from an off-site solar farm, there’s a way your business can do its part to decrease its environmental impact and save money. In 300 words, here’s how your business can get solar.
So, your business is looking to go solar. Excellent choice! It’s clean, it’s green, and it’ll save you money. You start by looking into installing solar for your roof. Since solar is now the cheapest form of energy, the savings down the line will be huge (potentially thousands per year).
If you own your property and can afford the cost of installation, this is the way to go. There may even be ways to structure your financing to make panels more affordable. Typically, businesses recoup their initial investment in 5-10 years. You can learn more about rooftop solar here.
But don’t be concerned if rooftop solar doesn’t work out. Your business can connect to a share of an offsite solar farm and earn credits for its production every month.
This option is called Community Solar, and it comes with a slew of benefits:
Electric Bill Savings
Community Solar saves you around 10% on monthly electric bills without installation or additional costs. The total savings down the line aren’t as huge as rooftop, but with no added fees, you get to start saving from day one.
Incentives for Your Business
Some Community Solar programs will offer other incentives when your business enrolls its property in a local solar farm. You could earn $50+ right away for your business for every meter you sign up!
Whether or not you enroll your business’s property in Community Solar, you can offer Community Solar as an employee benefit so your team can go green and save money. Similar to enrolling your business’ property in Community Solar, employees could be eligible for sign-up bonuses and donations to your business upon enrollment that compound the financial benefits of going solar.
Sustainability and CSR
Enrolling in Community Solar shows that your company cares about its employees and the future of the planet. You can feel good about your business’s environmental impact, show that you care, and inspire others to switch to clean energy.