5 Reasons Why Your Business Needs custom solar panels？

Mar. 03, 2025

Key Benefits Of Solar Panels For Your Business - Verde Solutions

Are rising energy costs cutting into your business profits? Switching to commercial solar panels could transform your company's financial future and environmental impact.

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Many people don't realize the full scope of commercial solar panel benefits for business applications beyond energy savings. In this guide, Verde Solutions will explain the key advantages that make commercial solar a smart investment for forward-thinking companies.

Top Benefits of Solar Panels for Your Business

When considering commercial solar panel benefits, you'll discover multiple ways this renewable technology can strengthen your company's position. Let's explore the top advantages that make solar power an attractive option for businesses of all sizes:

1. Significant Energy Cost Reduction

Your business energy savings start from day one after installing commercial solar panels. Most companies see a 50% to 75% reduction in monthly electricity bills. The savings are particularly significant for businesses with high daytime energy usage, such as manufacturing facilities, warehouses, and retail locations.

You can reinvest these savings in other aspects of your business growth, such as hiring new employees or upgrading equipment. Solar panels protect your business from seasonal utility rate fluctuations and peak demand charges.

2. Attractive Solar Tax Incentives

The federal Investment Tax Credit (ITC) lets you deduct a percentage of what you spent on your initial solar installation from your tax return. Beyond the ITC, businesses can often take advantage of these additional financial incentives:

MACRS depreciation
State-specific solar renewable energy certificates (SRECs)
Local utility company rebates and incentives
Property tax exemptions in many states
Sales tax exemptions on solar equipment purchases

3. Enhanced Energy Independence

When considering the benefits of commercial solar panels for business applications, consider the convenience of relying on your energy source. Installing solar panels transforms your business from an energy consumer to an energy producer, reducing your vulnerability to grid outages, utility rate hikes, and energy market volatility.

Your system may generate more power than you need during peak sunlight hours. Net metering programs allow you to sell excess electricity to the grid. Energy independence also provides greater control over operational costs and long-term planning.

Additional Read: How Net Metering is Ushering in the Clean Energy Future

4. Environmental Leadership

Reducing your carbon footprint through solar power creates measurable environmental benefits that resonate with stakeholders. A typical commercial solar installation can offset:

Thousands of pounds of coal are burned annually
Hundreds of thousands of gallons of water used in electricity production
Significant amounts of nitrogen oxides and sulfur dioxide emissions

Installing solar panels can be equivalent to planting thousands of trees. This commitment to sustainability can help you meet ESG (environmental, social, and governance) goals and qualify for green business certifications.

5. Reliable Backup Power Systems

Modern solar installations can include battery storage systems that provide critical power backup during outages. This enhanced energy security protects:

Computer systems and data centers
Refrigeration units
Manufacturing equipment
Security systems
Emergency lighting

Your backup power system can be programmed to power only essential systems during outages, extending battery life when needed most.

6. Minimal Maintenance Requirements

Commercial solar panel benefits for business applications also extend to your long-term upkeep requirements. Solar panels are engineered for decades of reliable operation with minimal intervention. Your maintenance routine typically involves the following:

Annual professional inspections

Occasional panel cleaning to remove dust and debris

Monitoring system performance through digital analytics

Checking electrical connections every few years

Remote monitoring detects and resolves most issues before they impact performance. By leveraging these renewable energy solutions, your business can enjoy seamless operation with low maintenance costs.

Additional Read: Solar Panel Maintenance: FAQ ' Your Questions Answered

7. Improved Property Value

Commercial buildings with solar installations command 3% to 10% higher property values. The increase stems from multiple factors:

Reduced operating costs for future owners
Modern infrastructure that attracts quality tenants
Demonstrated commitment to sustainability
Lower future capital improvement needs
Enhanced building energy ratings and certifications

This increased property value often exceeds the initial cost of the solar installation itself. Commercial real estate investors specifically seek properties with existing solar infrastructure due to the proven operational cost benefits and reduced need for future upgrades.

You'll also find that buildings with solar installations typically spend less time on the market when listed for sale, as they appeal to a growing segment of sustainability-focused buyers and tenants.

8. Marketing Advantages

Your solar installation creates compelling marketing opportunities to strengthen your brand:

Contact us to discuss your requirements of custom solar panels. Our experienced sales team can help you identify the options that best suit your needs.

Share your reduced carbon footprint and environment improvement metrics with customers
Feature your solar initiative in sustainability reports
Create time-lapse videos of your installation for social media
Host educational tours for schools and community groups
Partner with environmental organizations for increased visibility

These marketing benefits extend beyond simple environmental messaging. Your solar installation demonstrates long-term thinking and financial acumen to investors, customers, and business partners.

Companies with visible sustainability initiatives often report improved customer loyalty and increased word-of-mouth referrals. You can leverage your solar investment to differentiate your business in competitive markets and build stronger connections with environmentally conscious consumers.

9. A Quick Return on Investment

Solar installations typically achieve complete payback within three to seven years through:

Monthly utility bill savings
Tax incentives and rebates
Depreciation benefits
An increased property value
Potential income from renewable energy credits

After reaching payback, your system has continued generating free electricity for decades. The return on investment accelerates as utility rates increase, making your initial solar investment even more valuable.

Many businesses find that their actual payback period is shorter than initially projected because of rising energy costs and unexpected benefits, such as improved employee retention and increased sales from environmentally conscious customers. Solar installations also provide a hedge against future carbon taxes and environmental regulations, protecting your business from potential compliance costs.

Reap the Key Advantages of Commercial Solar Panel Installation Today

Commercial solar panels offer businesses benefits far beyond simple energy savings. We specialize in custom commercial solar solutions that maximize financial returns while minimizing environmental impact. Our experienced team designs and installs solar power systems optimized for your business needs.

Additional Read: How to Maximize the Benefits of Your Solar Installation

Five reasons why solar could make sense for your business

Most commercial and industrial solar installations are substantially larger than a typical residential solar power system. For perspective, the average size of a residential solar panel system is around 10 kilowatts (kW), while a commercial solar energy system can be up to several megawatts (MW), depending on the electricity needs of your company.

Different from utility-scale solar, commercial solar power is 'distributed generation,' which means we use the energy the system produces at or near the point of generation. Distributed generation projects, such as rooftop or ground-mounted residential solar, are usually connected to the local electric grid. This allows your business to take advantage of net metering, a policy that enables you to send unused electricity back to the grid in exchange for electricity bill credits (more on this below).

Here's why so many businesses choose to install solar:

Note: These prices will vary depending on your business's location, the equipment you select, and the type of system you install.

If you're still concerned about how to pay for your business's solar energy system after incentives, don't worry. Most businesses don't pay upfront for solar because there are many financing options available. You can finance your system with a solar loan or choose a third-party ownership arrangement like a lease or power purchase agreement (PPA), though you won't be eligible for the direct benefit of tax incentives if you don't own your system.

Commercial solar provides a great return on investment. According to the U.S. Energy Information Administration (EIA), in , the average commercial building spent $650.04 on electricity (likely on par with most small-to-mid-sized-businesses). Over a year, this equates to $7,800 in operating expenses. Over 20 years, your business will spend about $156,010 on energy costs.

Based on the same EIA dataset, the average commercial property consumed about 69,540 kWh of electricity in . Let's assume your business installs a solar panel system that offsets 90% of this electricity consumption. Let's also assume that your system's production ratio (the ratio of its estimated energy output over time, in kWh, relative to its actual size, in W) is 1.4 (it typically ranges between 1.1 and 1.7 in the U.S., depending on your location).

How big of a system does your business need? Plugging in our numbers from above, we get:

System size (in W) = Annual consumption (569,540 kWh) * system offset (0.9) / production ratio (1.4)

This gives us a system size of 44,704 W or about 45 kW. According to our table above, a 45 kW system costs about $39,150, including the ITC and five-year depreciation with MACRS.

Over 20 years, your business will save about $101,259 in electricity costs with solar:

20-year savings = 20-year electricity costs ($156,010) * system offset (0.9) - upfront solar energy system cost including incentives ($39,150)

Beyond the direct financial benefits, installing solar panels can also help your business protect itself against electricity price volatility and inflation. In many states, the price of electricity can fluctuate significantly due to demand, creating a headache for business owners who closely manage their cash flow. With solar, your business can lock in electricity prices and reduce reliance on the unpredictable electricity market, making it easier to budget and plan for the future.

When businesses contract with solar companies, workers in the local market complete the installations. Greater demand for solar projects increases the availability of high-quality, well-paying jobs. As of , there are over 250,000 solar jobs nationwide, which represents a 9% increase year-over-year.

Depending on the size and scope of your project, you could provide jobs for multiple crews of contractors for over a month at a time. In the future, these workers could become your customers.

Whether you're looking to save on electricity bills or build a more sustainable brand, going solar is a great choice for many businesses. Unsure how to get started? EnergySage offers a concierge service for businesses to make installing a solar panel system simple. We'll provide you with an initial solar benchmarking estimate to show how many solar panels you can fit on your property, how much electricity they'll produce, and how much you can save with solar. When you're ready, we'll gather custom quotes from up to three vetted solar companies in your area and help you choose the best option for you.