What are the benefits of installing solar panels for commercial properties?

Solar energy can significantly reduce or even eliminate electricity costs for businesses.

• Environmental impact: Using solar energy reduces carbon footprint and demonstrates a commitment to sustainability.

• Tax incentives and rebates: Many governments offer financial incentives, tax credits, and rebates for installing solar panels.

• Long-term investment: Solar panels have a long lifespan and can provide a stable source of energy for decades, offering a reliable return on investment.

How much space is needed for commercial solar installation?

The amount of space required depends on factors such as the size of the solar panels, the energy needs of the commercial property, and local sunlight conditions. Turnkey Energy can assess the property and provide guidance on space requirements.

What is the typical payback period for a commercial solar installation?

Payback periods vary depending on factors such as the cost of electricity, the size of the solar system, available incentives, and financing options. On average, commercial solar installations often have payback periods ranging from 5 to 10 years.

What maintenance is required for commercial solar panels?

Solar panels require minimal maintenance, typically limited to periodic cleaning to remove dust and debris. Most solar panel systems come with warranties covering maintenance and repairs for a certain period.

How can I finance a commercial solar installation?

Financing options for commercial solar installations include outright purchase, solar loans, leases, power purchase agreements (PPAs), and Property Assessed Clean Energy (PACE) financing. Each option has its own benefits and considerations, and Turnkey Energy can help determine the best fit for a business.

What permits and approvals are needed for commercial solar installation?

Permitting requirements vary by location and may include building permits, electrical permits, zoning approvals, and interconnection agreements with the local utility. Turnkey Energy will navigate the permitting process and obtain the necessary approvals.

What happens to excess energy generated by commercial solar panels?

Excess energy generated by commercial solar panels can be exported to the grid for credits or stored in battery storage systems for later use. Net metering policies allow businesses to receive credits for the excess energy they generate and offset their electricity bills.