Global consumers are now more than ever aware of climate change as shown by a recent study that found that almost 60% of consumers are making it a priority to live a more environmentally conscious lifestyle. But what does that mean for businesses?
Driven by concerns over the climate emergency, consumers are putting their money where their mouth is by taking climate action through their purchases. People are now more inclined to purchase from companies that do social and environmental good.
If reaching more customers and attracting more eco-consumers is not enough motivation for your business to consider going solar, then read on for more compelling points about why your venture should go solar this year. Spoiler alert: there will be energy bill savings and much more!
How is solar energy changing the way organizations operate in the US?
The cost of solar panels for your business has plunged remarkably in recent years, making them a much more attractive option for ventures looking to reduce their energy costs. Furthermore, it is becoming increasingly popular as organizations seek to minimize pollution and attract more eco-shoppers.
What’s more?
- Solar panels for companies are proving to be dependable as power sources in the event of blackouts.
- As more Americans install them, the industry is helping to boost our economy and create jobs! In fact, as of 2021, the sector now employs over 230,000 people in the USA.
5 Solar Power Benefits for Firms in 2022
There are numerous advantages of installing solar panels for businesses but now we will focus on 5 of the most important ones. Here are the benefits of solar panels for business:
They can help you save money on your energy bills
Companies using solar panels have seen 75% savings on their energy bills. With the systems having a lifespan of over 30 years, you can expect to save tens of thousands of dollars on your bills. Furthermore, your business may be eligible for the federal investment tax credit and other incentives to help you cut the cost of setting up!
They increase your commercial property’s value
A study by the Lawrence Berkeley National Laboratory found that properties with panels sell for an average of $15,000 more than comparable properties without them. Increase the value of your premises when you add commercial solar systems in Florida.
PV panels can help you attract and retain employees
According to FastCompany, at least 70% of millennials surveyed said they would prefer to work for an environmentally friendly company, with another 70% stating they would stay with a company that exhibited a notable plan for environmental protection. In addition, solar panels can help your business attract top talent by making it appear more forward-thinking and innovative.
PV panels can help you reduce your carbon footprint
Solar energy for business is a renewable source of energy that does not produce greenhouse gases or other pollutants. By switching to solar power for businesses, your business can help reduce its impact on the planet.
PV panels can help you build goodwill with your customers and the community
A study by Cone Communications found that 86% of Americans are more likely to purchase from a company that supports environmental causes. Solar panels can help your business build goodwill with your customers and the community by demonstrating your commitment to sustainability.
PPM Solar is a reliable partner in going solar!
If you are still on the fence about solar panel installation for a business, hopefully, this article has given you five exciting reasons to make the right choice. And if you are already convinced, we hope we have provided some helpful information regarding how solar is improving the way organizations operate in the US, and what that could mean for yours as well.
No matter where you are on the spectrum of solar acceptance, PPM Solar would be happy to talk with you more about making the switch. We are a Florida solar contractor with over a decade of experience in the business. You can visit our website, talk with an expert, or even plan a free consultation to see how much money this could save your business.