Value of Solar Power to Your Utah Business

There are many great things about solar panels and solar power in today's world, and one of the most notable is how it benefits both residential and commercial property setups. In fact, while many people are most familiar with seeing solar panels on the roofs of homes, the commercial sector is likely responsible for at least as much energy savings through solar panels as the residential one, if not more.

At Intermountain Wind & Solar, we're happy to offer the very best solar panel services in all of Utah, including both residential and commercial solar power solutions. What are some of the key areas where going solar may benefit your business? There are a number to consider, including all of the following.

Limiting Overhead Costs

First and foremost, one of the single most direct benefits that solar panels can have for any business is limiting your overhead costs. This is accomplished in two ways: by providing free energy from the sun (rather than having to pay for it from the grid) and by providing energy tax breaks and other financial incentives that make going solar an even more appealing investment.

For instance, many businesses utilize solar panels to completely or mostly offset their energy usage, which can then be used as a way to market the company as "green" and environmentally responsible. In some cases, businesses may even be able to sell any excess energy generated back to the grid, providing an additional revenue stream.

Not only this, but solar power used throughout your facility will often help lower your air conditioning costs as well, due to the fact that solar panels can help deflect heat away from your building. In many cases, this lower cooling burden may be enough to completely offset the increased energy usage from your solar panels during the daytime.

Tax Exemptions and Benefits

From a financial perspective, there are also a number of tax exemptions and other benefits that businesses can take advantage of when they go solar. The federal government, for instance, offers a business energy investment tax credit that can offset up to 30% of the cost of installing a solar power system.

There are also a number of state and local incentives that may be available, depending on where your business is located. In Utah, for instance, businesses may be eligible for a sales tax exemption on the purchase of solar equipment, as well as a property tax exemption on the increased value that solar panels add to your building.

Improving Sustainability and "Green" Image

As we alluded to above, another direct benefit that solar panels can have for businesses is an improved sustainability and "green" image. In today's world, more and more consumers are interested in working with companies that share their values, and this includes a focus on environmental responsibility.

Solar panels are an excellent way to show that your business is committed to sustainability, and this can be a great marketing tool to help attract new customers. In many cases, simply advertising that your business uses solar power can be enough to sway some consumers in your favor.

Increased Reliability and Backup Power

It's also worth noting that solar panels can provide an increased level of reliability for your business, as well as backup power in the event of a grid outage. If your business is dependent on power for its day-to-day operations, then solar panels can provide a level of insurance against any potential outages.

This is especially true in the case of commercial solar power systems, which are often designed with backup batteries that can provide power for a number of hours in the event of an outage. This way, you can be sure that your business will always have the power it needs to get the job done.

Becoming Energy Independent

In addition to the above, many business owners are always looking for ways to become more energy independent. Solar panels can be a great way to accomplish this, as they provide a way to generate your own power right on-site.

This is especially beneficial for businesses that are located in remote areas or that otherwise have difficulty accessing the power grid. In many cases, solar panels may be the only practical option for generating power.

Limiting Maintenance Costs

When it comes to maintenance, solar panel systems require far, far less than most other types of power generation. In fact, most solar panel systems can last for decades with very little in the way of maintenance required.

This is in contrast to traditional power generation methods like fossil fuels, which require constant monitoring and upkeep. Solar panels, on the other hand, are effectively "set it and forget it," meaning that you can install them and then enjoy the benefits for years to come with very little in the way of ongoing maintenance costs.

For instance, while traditional power plants may require hundreds of thousands of dollars in maintenance and upkeep every year, a solar panel system may only require a few hundred dollars. This is a very small price to pay for the long-term benefits that solar panels can provide.

As you can see, there are a number of direct benefits that solar panels can provide for businesses. From financial incentives to increased reliability and energy independence, solar panels offer a lot of value for commercial properties. If you're considering making the switch to solar, be sure to contact our team at Intermountain Wind & Solar for help with making this move for your Utah company.