Looking for a job? Search our latest postings at lghires.com

5 Reasons to Upgrade to Solar Energy For Your Commercial Space in 2024

Solar energy has become a popular upgrade for both homes and commercial spaces in today’s world. As a renewable, non-polluting, and increasingly efficient source of energy, it’s clear that solar is here to stay.

Here are some reasons why your business may want to consider upgrading to solar energy this year:

1. GOVERNMENT SUPPORT AND OTHER INCENTIVES

The government offers strong support for solar energy. There are many tax credits and other programs to make the cost of solar installation and energy generation more affordable.

Many businesses can qualify for multiple solar incentives, depending on their location. In addition to federal incentives, you may be eligible for extra rebates and tax breaks at the state and local levels.

2. LONG-TERM INVESTMENT

Image of human hands holding plant shaped like arrow-1

 

Solar energy today is much more efficient than it was in the past. While it may have been unaffordable for most businesses in the past, it has become more and more viable — to the point where it can now save many businesses money in the long term.

Depending on whether your commercial space is in a suitable location for solar, you can get lower monthly energy costs after installing solar panels. Even after considering installation costs, solar energy typically pays for itself within 6-10 years.

3. LESS DEPENDENCE ON THE GRID

Brownouts and blackouts are a major concern for many businesses today. With solar energy, you don’t have to worry so much. 

Solar energy lets you reduce your reliance on the grid for electricity, especially if you install a good backup battery system to store extra energy from your panels for future use.

4. INCREASED PROPERTY VALUE

Properties with solar panels are nearly always valued higher than properties without them. Whether you plan to stay in your commercial property for as long as possible or sell it, solar energy could be a smart investment.

5. SUSTAINABLE ENERGY (AND A SUSTAINABLE BRAND IMAGE)

Finally, solar energy shows your brand’s commitment to sustainability. By installing a solar energy system, you can enjoy knowing that your company is helping to fight climate change. 

Even if it’s not a major concern for you, sustainability is likely important to many of your customers. Today’s consumers love seeing that brands are concerned about the planet.

GET SOLAR ENERGY INSTALLED ON YOUR COMMERCIAL PROPERTY

At LG Resources, our green energy experts offer you excellent service and clear communication every step of the way. We will help you understand your options and what is most likely to work for your commercial property. Our contractors are highly experienced, having designed and installed well over 5,000 renewable systems worldwide.

With LG Resources, you get guidance through the entire process from initial energy audit to design, installation, inspections, and maintenance. We take a collaborative approach to ensure you are satisfied with the work we do.

Solar energy can help you save money, gain energy independence, and increase your property value even as you show your brand’s commitment to sustainability. Request a consultation with us today to see if solar makes sense for your commercial property.

From the Blog

Make Your Business More Efficient With LG Resources Employer Solutions
Make Your Business More Efficient With LG Resources Employer Solutions

Looking to speed up your operations and boost your profit? LG Resources clients can enjoy many helpful services you may not have known about. While we are not a full-service PEO, we...

Read More
Self-Employed? You May Qualify For a Game-Changing Tax Credit
Self-Employed? You May Qualify For a Game-Changing Tax Credit

In 2024, it’s not too late to claim certain pandemic-era, self-employed tax benefits. If you worked for yourself and faced illness, quarantine, or childcare challenges during the...

Read More
6 Great Ways Your Business Can Save in 2023
6 Great Ways Your Business Can Save in 2023

For most companies, keeping expenses low is essential to success. Even after all the recent inflation, there are many ways to save money and enhance your business’s financial...

Read More
placeholder_200x200
placeholder_200x200

Find Out How Much You Could Be Saving With LG.