Basic Criteria & Considerations before Installing Commercial Solar Panels
If you’re thinking of a commercial solar panel installation for your business, congratulations on a very wise choice. At Alder Energy Systems, we know that going solar is a huge step for your business, and with all the questions you may have, it can feel overwhelming. After all, where do you even begin? That’s why our team is here to help!
Read on to learn more about the basic criteria and considerations you should make before going solar. Or, if you have immediate questions, contact our team today for support.
1. How Much Do Commercial Solar Panels Cost?
Once again, remember that the out-of-pocket cost of solar panels varies based on which financing route you take. Some options for financing commercial solar panel installation include power purchase agreements (PPAs), third-party ownership (leases), commercial property assessed clean energy (C-PACE), and equipment loans. The federal solar investment tax credit is a financial incentive available nationwide, and some states offer energy efficiency rebates or other additional incentives. Each state and utility territory has its own solar options; allow Alder Energy Systems to find the solar solution that’s right for your company.
Alt-text: Solar panel installation example by Alder Energy Systems at a business near Charleston, South Carolina.
However, no matter which route you take, there is one common theme: it doesn’t pay to wait for solar. The tax credit for solar panel installation has begun phasing out; it’s currently 26%, then drops to 22% in 2023 and holds at 10% after that.
2. Do I Need to Replace My Roof Before Installing Solar?
Before investing in solar, it’s crucial that your business has a roof in good standing. If you’re unsure about the condition of your current roof, solar panel installation companies will advise you before moving forward with installation. Once your rooftop is verified to be in working condition, you can then dive into commercial solar panel sizes and wattage that best suit your needs and coverage area. Based on the amount of space you want to cover as well as where your area faces in regards to the sun, you can then learn more about what the best commercial solar panels are for your business and why.
Keep in mind that solar energy systems should last for 25 to 35 years. It can also be costly to remove and reinstall them if you need to replace your roof. We must stress again that if your roof needs maintenance in the near term, you should complete it before you finish your solar installation.
3. Are There Any Restrictions that Might Keep My Business from Going Solar?
If you plan to use your rooftop for your solar array, keep in mind that you must have space to mount panels on the roof or the ground. As mentioned, since solar panels last for about 30 years or more, they should be installed on a relatively new roof that’s in good condition. Additionally, it’s best to install panels in an area that receives direct sunlight for at least six hours a day.
Build a Brighter Future with Alder Energy Systems
We hope this guide to commercial solar panel installation has helped you make a more informed decision! At Alder Energy Systems, we understand that solar panels are a huge investment for your business. And, when installed properly, the return can pay your business back in dividends.
Alt-text: Installation of the 1.2-megawatt solar farm near Orangeburg, South Carolina, built in partnership with Tri-County Electric and Alder Energy Systems. Put a hyperlink on the photo that leads to the contact us page.
To learn more about how you can save money on your electricity bills and protect yourself against rising electricity rates in the future, contact our team at Alder Energy Systems today. We can’t wait to help your business build a brighter future!
Are you ready to debunk some of the most common myths on solar energy? Read our blog on the top misconceptions about going solar.