Myths About Solar Power - Debunked
With advancements in technology and a changing cultural climate, more companies are making environmentally conscious changes to their businesses. Target, Walmart, and Apple are just a few of the companies who have made the switch to solar energy. But you don’t need to be a Fortune 500 company to enjoy the benefits of solar energy.
Here are just a few myths about solar panels a business should know.
MYTH: Solar panels are too expensive.
The cost of solar panels depends on a number of factors. The first and foremost factor is the energy consumption of the business. The two other factors to take into consideration are the cost of solar permits and labor for installation. Once you know your business’ system size, you can find the rough estimate cost of solar panels charted below. If you don’t know your business’ system size, you can simply calculate it by multiplying the power consumption by hours of intended use.
(image courtesy of energysage)
MYTH: Solar panels are bad investments.
Ever heard the saying, “you’ve got to spend money to make money”? Well, this statement couldn’t be truer than in the case of solar panels. The initial costs of solar panels are undoubtedly expensive, but they will prove to great investments in the long run. It takes around 3-7 years for businesses to pay off the initial solar panel installation costs. They can then enjoy about 25-35 years of free energy after this period.
MYTH: They require too much upkeep.
Solar panels usually come with long warranties of about 25 years, and considering their simple, self-sufficient design, they require little to no maintenance. Now you won’t have to worry about utility poles falling down and losing electricity while running your business.
MYTH: It won’t benefit my business.
Customers are demanding more accountability in the businesses they trust. No matter what business you might operate, marketing yourself as “sustainable” can drive more engagement to your business.
Have more questions? Give Butler Electric a call for assistance.