Commercial Solar Panel Installation
Businesses that get solar panels installed can experience various benefits, from lowering energy costs to raising property values. Solar panels also make your company more sustainable, positively impacting your reputation. These and other advantages make switching to commercial solar power an excellent choice.
At Lippolis Electric, we offer high-quality commercial solar panel services to help your New York business thrive. Lippolis Electric is an electrical contracting company with over 37 years in business and Solar Energy International certification. Serving the tri-state area of New York, Connecticut and New Jersey, we’re dedicated to providing professional solar solutions for you and your business.
COMMERCIAL SERVICES FOR YOUR BUILDING
Brief History of Solar Energy
The big push for solar energy in the United States started in the early 1970s, primarily due to the energy crisis that was happening in the U.S. at that time. The government saw great potential in the energy source and started passing pro-solar power legislation. Specific federal agencies were tasked with research and development, which led to incredible gains in solar technology. By the 1980s, there were functioning solar-powered cars and aircraft.
From the 1970s through the 1990s, solar manufacturers prioritized making solar cells smaller and less expensive, therefore more accessible to the masses. As progress continued, developers were building more and more solar power plants. In the 1990s, the first grid-supported solar PV system was made, marking the beginning of solar power becoming a mainstream power source.
In 2005, the U.S. passed the Energy Policy Act, which established a 30% investment tax credit to residential and commercial buildings using solar energy systems. Since then, the constant evolution has caused the cost of solar energy to decrease significantly, allowing Americans to invest in the energy source on an even greater scale.
Today, this sustainable energy source has taken the nation by storm. The Solar Energy Industries Association reports that as of 2019, there are more than 2 million solar panel installations in the U.S. This success isn’t limited to the U.S., either — solar power is a popular energy source worldwide. Did you know that the Eiffel Tower runs on a combination of solar power and wind turbines?
Since its origins, continuous technological advancements have made solar energy accessible to both residential and commercial spaces on a wide scale.
Benefits of Switching to Solar for Your Business
It’s a reasonable assumption that only big corporations have the capability to utilize solar energy in their business operations. However, with specific solar energy advancements, it’s no longer restricted to businesses of a certain size — companies of all kinds can stand to benefit from switching to solar power.
Solar energy is a worthwhile investment with a high return, including more reliable energy costs, improved budgeting and tax credits.
The benefits of solar energy for businesses include the following.
Increases Sustainability
Thanks to solar energy, your company can use fewer fossil fuels, reduce pollution and diminish its carbon footprint. As a result, your company will be doing its part to help fight climate change, all while you improve your brand image by making the switch to more eco-friendly operations. Customers will see your business as globally conscious, which makes them more willing to work with you.
Lowers Operating Costs
Using a solar power system can reduce or eliminate electric bill costs. Most businesses find that the cost to install their solar systems is minuscule compared to the amount saved during the system’s life span, generating a high return on investment. Ultimately, electricity bills become more affordable and are easier to predict, as you no longer have to worry about wildly fluctuating energy expenses.
Raises Property Value
Adding solar panels can increase your property value significantly, especially as interest in renewable energy continues to grow. If you ever decide to sell your business property, you may get a better sale price. The increased value from your business sale gives you the funds to invest in a more valuable property in the future.
Reduces Maintenance
The solar cells in a solar power panel are safely enclosed in tempered, protective glass and framed with noncorrosive aluminum. Due to this arrangement, and the fact that solar panels are built to be exposed to all conditions, they can typically withstand harsh weather without any wear and tear. In the event of breakdowns, technicians can easily access the panels to repair them quickly and keep your power running.
Allows Energy Storage
You can install additional solar panels where you have extra space, allowing you to collect and store energy for future use. Use stored power to keep electricity running during emergencies. In some areas, you can even sell excess energy to a power grid. This passive income allows you to support your business and fund new projects and ideas.
Creates Long-Term ROI
Solar panels for businesses create a return on investment (ROI) in several ways, including lowered utility costs, increased property value, reduced maintenance and excess energy sales. Throughout the years you use solar panels, these benefits add up to significant savings compared to traditional energy sources.
Offers Tax Benefits
With concern about the environment rising and becoming more of a national priority, local, state and federal governments support those moving toward a clean energy source. In New York, you may be eligible for certain tax credits or rebates. You may also qualify for federal tax credits, like the solar investment tax credit (ITC).
Another commercial solar incentive you receive for moving your business to solar power is accelerated depreciation. Normally, equipment depreciation tax deductions are spread over the entirety of the object’s life span. With the Modified Accelerated Cost-Recovery System, you can write off your total solar system in the first year, improving your cash flow.
LEARN HOW SOLAR’S BECOMING AFFORDABLE
Solar Solutions From Lippolis Electric
Lippolis Electric can help your business go solar with ease. While transitioning to solar energy may seem like a big shift, we’re here to support you the entire way through. Outside of aiding in the switch from traditional power wiring to the wiring necessary for solar panels, our experienced professionals can work closely with management to execute planning, budgets and site work.
Commercial Solar Financing
Beyond the tax credits for solar panel installation, you can get financing options to make your purchase of solar panels for commercial buildings more affordable. At Lippolis Electric, we can help you explore your options, including:
- Cash and loans
- Leasing
- Power purchase agreements
Each option offers particular benefits and considerations. Your best choice depends on your financial situation.
Installation Process
The installation process for solar panels follows these steps:
- Site evaluation: The professionals at our commercial solar power company can evaluate the property to ensure it can support the system. They will also determine details like local power grid connections and structural analyses.
- System design: We will use site evaluation details to design a solar system, including mounting and arrangement details.
- Construction: After the system design, construction can begin. Depending on the size of the system, it may last several weeks or several months.
- Commissioning: Following construction, we will ensure proper installation and connect your system to the power grid.
- Operation and maintenance: While your system runs, you will need regular maintenance, such as routine cleanings, repairs and inspections.
Types of Solar Solutions
There are four primary solar installation methods we offer for commercial operations, including:
Ground Mount Systems
These solar systems are solar panels mounted to the ground of your property. For the system to be secured, a foundation — usually made of concrete — must be built. This is an additional step in the installation process that offers an extra level of convenience, as it makes the panels simple to keep clean. These systems are ideal for commercial buildings with a roof facing the opposite path of direct sunlight.
Roof Mount Systems
With this method, solar racking is installed to hold the panels in place directly on top of the roof. The benefit of roof mount systems is that you don’t have to use land that could be used for other operations. Points to consider before deciding to install a roof mount system are the age and condition of your roof, as your roof must be in good shape to provide the solar panel system with a secure foundation.
Canopy Mount Systems
This type of system is an alternative to rooftop solar panels. It involves elevated outdoor structures that host solar panels while providing shade. The solar panels can be oriented to generate the maximum electricity, making them the ideal choice for businesses with significant electricity needs. Typically, canopy mount systems are located in parking lots and other paved areas.
Pole Mount Systems
This option allows the solar panels to be slightly more off the ground than a standard ground mount system. With pole mount systems, you can install as many solar panels as you want, as long as you have the outdoor space for them. These solar systems are ideal for businesses with high energy requirements and a considerable amount of unused land.
Contact Us About Installing Commercial Solar Panels for Your New York Business
Are you interested in receiving the benefits that come with operating on solar energy? Lippolis Electric can help. Contact our experts to learn more about how your business can transition to solar energy.