Solar Panels: The Smart Investment for Your Business

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Diversifying your business’ sources of energy can have significant impacts, directly reducing power expenses and protecting your company from ever-fluctuating costs. An increasing number of businesses, farms, non-profits, congregations, and schools are switching to solar energy.

The initial cost of installing solar panels can be daunting. However, businesses that decide to go solar experience fast returns on their investments through significant reductions in electric bills due to using less electricity from the power grid. In addition, federal tax credits and NC state tax incentives for businesses that switch to solar energy mean your system will pay for itself in just a matter of years.

Here are just some of the many commercial benefits that Renewable Energy Design Group (RED Group) clients experience by switching to solar:

Reduced Operating Expenses

Solar energy is free and requires no fuel, making it an attractive option for businesses looking to reduce their operating costs. Solar panels generate electricity without producing any air or water pollution, and require very little maintenance.

Locked in Energy Costs

Solar panels are designed to last 25 years or more, offering your business the potential to lock in energy costs for the long-term. By going solar, you’ll be able to predict your energy bills and make budgeting much simpler.

Carbon Footprint Reduction

Using solar energy helps businesses reduce their carbon footprint and move towards more sustainable business practices. Both of these are becoming increasingly important to customers and stakeholders.

Leveraged “Green” Marketing Opportunities

Using solar energy is an attractive message for customers and stakeholders, allowing businesses to leverage “green” marketing opportunities. Many customers would likely choose a business that has made an effort to reduce its carbon footprint and invest in sustainable energy sources.

Dom Bakery: a RED Group Success Story

Dom Bakery and Pizzeria is a locally owned business in Wilkes County that was looking for ways to reduce their energy costs while also committing to sustainability. Working with Renewable Energy Design Group, they installed a solar electric system in 2019 and the results have been great. 

In the first three years of production, this system has generated over $10,000 in energy savings. Considering the Small Business Grant along with Federal Tax Credits along with the energy savings, it will have paid for itself in the first 5 years. Not bad for a system with a 25-year warranty. 

This 18kW system is connected directly to the main electric panel and the clean energy is used instantly and any excess is sent back into the Duke Energy grid. Thus far, the system offsets 30% of the building’s electrical usage. 

Click here to see the SolarEdge monitoring. Here, you can monitor the power and energy production of the system as well as the environmental benefits. Better yet, visit North Wilkesboro for a local brew and pizza or coffee and a pastry and check out this solar electric system in person. If this family-owned business is saving money using solar energy, your home or business can also take advantage of the many benefits. Visit today to get a free quote.