- Solar power has a lot of benefits which the real estate and business industries should take advantage of.
- These include savings, customer satisfaction, modular quality, environmental pros, and economic impact.
- The solar industry can make any other industry achieve better returns, should they grab the opportunity.
It has been a proven fact that solar power can save a lot in terms of electricity bills and usage. Time and again, solar power owes much of its success to the sun, which gives more energy than humans will ever need. So why are there still companies which have not made the shift yet to solar panels?
Residents and their reasons for not yet shifting to solar are easier to understand, corporations not doing it, however, can raise some eyebrows. They certainly want to save up on their electricity bills since commercial and industrial industries have proven to be the most avid consumers of electricity when it comes to states like California.
Corporations also probably have capital and some spare income numbering in at millions, particularly for the biggest ones. So the shift to solar should be smooth, even some of the largest brands and businesses such as Walmart, Costco, Apple, among many others have switched.
Here at SunPower, we have compiled a list of reasons why business owners, as well as real-estate companies, should implement and integrate solar power as the next step towards something big and revolutionary for the industry. Courtesy of Forbes online.
Money and electricity is saved, making the investment worth it
Not everyone has money for investments, meaning people should practice utmost wisdom when it comes to spending large amounts of money on returns. However, solar power is one such investment that can even be considered necessary for businesses and companies. If residential areas could save tens of thousands in a year just because of a relatively small investment, just think of what a corporation could save.
After all, operating multiple buildings and business chains could be quite demanding when it comes to electricity. Meanwhile, those who are still on the fence with switching to solar need not worry because forecasts and predictions estimate that the cost of going solar could drop by as much as 60 percent in the next two decades.
The investment you dropped into solar power could soon pay for itself pretty much in just a few years. The technology is also getting better over time, every year, there is a new breakthrough for the solar industry.
Starting small can be easy, expansion is easier
The best thing about investing in solar power is that you do not have to go all out with your money. You can actually start small and scale up as time goes by depending on your needs. This is exactly what Daniel Neiditch, President of River 2 River Realty, did to his business. He started small but began expanding his solar panel setup as soon as the savings materialized.
More and more businesses and real estate companies are actually realizing the power of solar energy not just in savings but also with how it increases the value of an establishment. In fact, California, one of the leading states when it comes to solar power has mandated that new houses be built with existing solar panel arrays. A move that increased the cost of real estate in the state but could save a lot of headache for the residents in the long run.
The same theory can be applied to commercial and industrial areas. Meanwhile, everyone who has made the switch to solar will know just how modular the investment can be. Almost anything can be added from production to storage capacities along with other aspects such as warranties. Of course, this can depend on the partner brand or Orange County solar company they choose.
It makes everyone happy
There is simply no other way around the benefits of solar panels, nor does it have any underlying big drawback. It is essentially free energy from the sun, no damage is being done to the environment while we are using it. As such, it can put a smile on everyone’s faces, when applied with real estate companies, they could attract better and more environment-friendly customers who are happy to support solar power.
Again, this is all being done while saving up a lot on electricity bills, not to mention that your business would have a clean and green brand and tag attached to it because of your adherence to environmental safety. Sometimes that notion can even be more important than making profits and returns.
Meanwhile, people are likely to be happier to live in places where innovation is embraced. Of course, solar panels tend to decrease the reliance of an establishment on coal or gas-powered electricity, hence less pollution. Less pollution is always a favorable quality of a place, it means fewer diseases and less stress for people.
It helps the environment
This one is pretty obvious, of course. One of the most persistent qualities and selling points of solar panels is just how positive they can be for the environment. It is a known fact that in some states in the U.S., the commercial and industrial areas of a region actually consume more electricity than the residential areas.
It means that places with malls, factories, restaurants, hotels, and other business establishments are some of the biggest culprits when it comes to energy consumption. To make matters worse, most of the electricity which gets consumed is generated from coal, natural gas, or oil power plants, these resources are harmful to the environment and produce tons of air and water pollutants.
Not to mention, they are also nonrenewable, meaning they will eventually run out, which means the clock is already ticking. Solar power is the key for businesses maintaining their scale right now while being less dependent on fossil fuels and other nonrenewable resources. Some companies are already into this idea, Apple, for example, touts itself as being 100 percent clean and green when it comes to energy consumption.
It stimulates the economy, meaning more jobs
The solar industry is a relatively new and rapidly-growing industry among many in the U.S. This is compared to real estate companies and other big businesses. If the three were to strike out partnership deals and were to initiate projects involving solar panels, it would be good for the young industry since new projects always mean new jobs.
A deal such as that helps create more openings in the solar industry. There would be a need for experts, engineers, manual labor, deliveries, and installation of solar panels. They are almost necessary of course, given the reasons above, so that actually means there could be plenty more jobs out there involving the solar industry.
Generally, more jobs mean a more stable economy, especially for American citizens. The solar industry is one of the many fresh faces in the economic scene in the U.S. and is poised to take advantage of a ripe and demanding market, one that has an ever-increasing demand for solar panel arrays and setups.
As we did state above, solar power makes everyone happy and almost has no drawbacks. Taking advantage of it is the next big step in terms of profit or innovation in any industry. Real estate companies and business owners would do well to make hay while the sun is shining.
