Are commercial solar panels worth it? Solar is a proven technology and California is the nation’s largest market for rooftop solar. As electricity costs increase, solar adoption rates in both commercial and residential sectors continue to rise.
Since 2010, the price of solar panels have fallen by roughly 90% as global solar deployment has increased by over 400%.
The technology used in residential solar panels and commercial solar panels are very similar, but at a larger scale with commercial utilizing “Tier 1″ panels and inverters rated for the expected heightened demand. This larger scale and scope brings in more layers of complexity to an already complicated permitting process.
Residential projects typically last a few weeks, technical issues are more easily identifiable and solved quickly.
Commercial solar systems can take a few months to a year to complete due to different circumstances during design, permitting and construction.
This longer timeline requires more patience when dealing with potential bumps along the way, but creates more significant savings.
Commercial solar systems have higher initial costs, but lower cost per watt. Economies of scale allow EPC (Engineering, Procurement & Construction) companies like Revel Energy to save on the bulk costs of buying commercial-grade solar panels.
Commercial solar is worth the price, worth the time investment, and worth the effort that it takes to get panels on your roof to reduce reliance on the utility. If your business can take advantage of the lucrative incentives, the high return on investment and short payback periods quickly generates positive cash flow.
We’ve helped many California businesses nearly eliminate their electricity bills with commercial solar, enabling them to invest those savings back into the company. Contact us today to learn how much your business can save.
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