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  4.  — Is it time for your business to go solar?

Is it time for your business to go solar?

On Behalf of | Feb 14, 2022 | Business & Commercial Law

Solar energy systems have been around for decades, but they have only just begun to gain real traction with the average homeowner or business owner. The storage capability of batteries has improved, as has the efficiency of the solar production process that converts light into electricity. It is now cheaper and more efficient to use solar panels to power a home or a company’s facilities than ever before.

At the same time, the costs for traditional energy production are also high, making solar doubly beneficial. In fact, those that produce more energy than they need to use or store themselves can potentially sell that excess power back to the local electrical company.

In other words, a large-scale solar operation can be a small, secondary source of company revenue. For most companies, however, solar will be a way to slash monthly operating costs. Is it time for your business to stop consuming electricity and start generating it through investment in solar energy?

Going solar requires careful planning

The cost to install solar panels and the infrastructure that they require at your facilities is only one aspect of going solar. You will also have to cooperate with local government authorities and utility providers.

In scenarios where you expect to produce more electricity than you will consume, you will need to negotiate terms with the power company. Typically, you also need permission for your business to deviate from the standard electrical supply rules. Although it may take months of planning, adding solar panels to your business facilities can be a very cost-effective decision. It could also help boost your brand, as modern consumers are increasingly environmentally-conscious.

Growing your business in an environmentally-friendly way can be beneficial to your company and the world.