Is Commercial Solar Installation in Lakeland FL Worth It?
Is it worth considering commercial solar installation in Lakeland FL? The proven technology of solar is great for industrial, commercial, and agricultural businesses. Solar adoption rate in both residential and commercial sectors continues to rise as electricity prices rise.
The price of solar panels has dropped by approximately 90% since 2011, as global solar installations have increased by more than 400%. This includes residential, commercial, and industrial solar installations. Due to rising energy prices and inflation, demand is high for commercial solar. This is because competitive businesses are looking for a cost-effective, sustainable solution to offset their electricity bills. In addition to substantial electricity savings, businesses that invest in commercial solar are also protected from future energy rate increases, which is a long-term benefit.
Difference Between Commercial Solar and Residential Solar
Although the technology used in residential and commercial solar panels is very similar, the main difference is that commercial solar uses “Tier 1” panels and inverters, which are rated to handle the anticipated higher demand. The permitting process is already complex enough without adding more complexity.
To offset their rising demand, more businesses are installing rooftop commercial solar panel rack systems. A commercial-grade solar panel system can reduce electricity costs by up to 65% in just 3-5 years. This is just one of the reasons why you should consider hiring solar companies in Lakeland FL.
Commercial Solar Project Timelines
Residential solar installation in Lakeland FL usually lasts for a few weeks. Technical issues can be identified and resolved quickly. Due to the varying circumstances of design, permitting, and construction, commercial solar systems can take several months to complete.
Each property and building is unique. Our team of solar engineers and project managers must find the best solution to implement our design. The longer timeline is due to economies of scale. It requires more patience in dealing with possible bumps, but it creates significant savings through offsets for higher electricity bills.
What Is Commercial Solar Energy?
Like residential systems, industrial, commercial, and agricultural solar panels convert sunlight into electricity. The electricity uses an inverter to convert direct current (DC) to alternating current (AC), which can be used to offset the demand from the utility.
The initial cost of commercial solar systems is higher, but the per-watt cost is lower. ESD Solar can save large amounts on bulk purchases of commercial-grade solar panels, mounting systems, inverters, and energy storage systems.
Florida’s commercial, industrial, and agricultural businesses have all benefited from solar panels. They are now realizing the financial value and sustainability benefits that go along with them. Forward-thinking solar businesses have a competitive advantage by lowering their operating costs.
Energy Infrastructure to Support Solar Solutions
The infrastructure required for solar grid interconnection is essential. Commercial solar systems require more transmission capacity than smaller residential solar systems. These upgrades are critical considerations and we take them into account when permitting and commissioning commercial solar systems.
How Commercial Solar Can Increase Your Property Value
Commercial solar energy systems are becoming increasingly popular as a way to save money on energy costs and reduce a building’s carbon footprint. But did you know that installing a solar system can also increase the value of your property?
In today’s market, more and more buyers and tenants are looking for buildings that are energy-efficient and have a lower environmental impact. By installing a commercial solar system, you can demonstrate your commitment to sustainability and attract environmentally-conscious buyers and tenants.
Additionally, a solar system can save your tenants and buyers money on energy costs, which can be a major selling point. This can make your property more attractive to potential buyers and tenants, and ultimately increase its value.
Furthermore, government incentives such as tax credits and rebates can also help to offset the initial cost of installing a solar system, making it a financially viable option.
In summary, commercial solar energy systems can increase the value of your property by making it more energy-efficient, reducing its environmental impact, and saving your tenants and buyers money on energy costs. With government incentives and increasing demand for sustainable buildings, now is a great time to consider investing in a commercial solar system for your property.
Benefits of Switching to Solar Energy
There are several benefits to switching to commercial solar energy, including:
- Cost savings: Solar energy can significantly reduce or eliminate a commercial building’s electricity costs, resulting in long-term cost savings.
- Environmental benefits: Solar energy is a clean and renewable energy source, which can help reduce a building’s carbon footprint and contribute to a more sustainable future.
- Energy independence: Solar energy systems allow commercial buildings to generate their own power, reducing dependence on traditional utility companies.
- Increase in property value: Commercial properties with solar energy systems can increase in value, which can be beneficial for property owners and investors.
- Tax Incentives: Several federal and state tax incentives are available to help offset the cost of installing a solar energy system on a commercial property.
- Energy security: The ability to generate your own power on-site can provide a sense of security and reduce the risk of power outages.
Yes, Commercial Solar Panels in Lakeland FL Are Definitely Worth It!
Commercial solar panel installation in Lakeland FL is well worth the price and the time investment. It will also reduce your dependence on utility. The high return on investment and quick payback periods of the tax credit for solar investment will quickly produce positive cash flow if your company can take advantage of these lucrative incentives.
Take Advantage of these Commercial Solar with ESD Solar Today!
Many businesses, including industrial, commercial, and agricultural, have seen their electricity bills almost disappear with commercial solar in Lakeland, Florida. This has allowed them to save money on their energy bills, which they can then invest back into the business. Contact ESD Solar, the best solar company in Lakeland FL, to find out how can help you create sustainable capital!
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Don’t wait any longer to make the switch to commercial solar. Make the smart choice for your business and the planet – choose ESD Solar for your commercial solar needs.