Are you a business owner looking to cut energy costs in a complex, confusing market? Go solar in New Jersey and save your business from unwanted costs, as well as power cuts. Major Fortune 500 companies today are opting for solar energy. New Jersey solar power for your house or business needs are a way out. The reason why New Jersey is right at the top in solar power is that this state has an advanced energy landscape and an evolving solar power industry, with plenty of support from the government as well as businesses.
Going solar is a major decision, which benefits the environment and your business because it is a strategic business decision. Smart business owners have discovered commercial solar panels are a wonderful fit for MSMEs, as well as established business players. Solar energy doesn’t work for just Walmart or Intel. It can work for your business too.
Capitalizing on the Financial Opportunities
Businesses of all sizes across industries capitalize on financial opportunities for installation of solar, indicating that solar energy systems offer strategic value and solid financial returns for a company. An average commercial property owner pays a fortune in electricity bills. It is time to change that reality by going solar. According to US energy regulatory authorities, cost reduction following solar power installation has led to savings to the tune of 75-100%.
The price at which solar panels are purchased and installed has fallen as the technology has advanced in the ensuing years since solar energy made its foray in the 50s. Meanwhile, electricity prices continue to skyrocket, and the economics of solar energy makes this amazingly attractive. Decreases in installation cost and equipment are not the only reason for businesses to go solar. Other factors include the regulations and government subsidies, which make solar power easy on the wallet and the environment both.
Businesses can also cut 85 percent of the value of the solar asset from taxes, providing a way to offset the upfront cost of system arrays. Performance based incentives including solar renewable energy certificates empower businesses and help them to build a positive reputation in business circles too, whether it comes to the economy or corporate social responsibility. Besides direct benefits in the short term, commercial solar panels can also guard your business against inflation and electricity price volatility. The price of electricity is rising rapidly as non-renewable energy sources deplete. Taking on boundless solar energy is a smart business decision that offers value for the environment too.
Winning more customers is easier with a solid and positive business reputation derived from a company’s commitment to sustainability. Buyers prefer solar-powered companies. The solar installation is a positive way to generate awareness in the business and the community as well.
Supporting Local Businesses
When a business enters into a contract with a local energy company, this improves the state of the economy. The numbers add up as solar panel systems are a smart capital investment for individual businesses. Shorter payback periods and steady financial returns help business owners hedge against raised energy prices garnering value across industries.
Rising Electricity Prices
Whether you are a business or a non-profit, any organization should be aware that with depleting carbon resources, the price of electricity will always rise. Businesses need to think ahead in the future and for this reason, they need to look to solar power for their energy requirements. Solar power company SambaEnergy offers cost-friendly, environmentally sound solutions for businesses that want to think ahead and be agile in an increasingly volatile energy market.