Are commercial solar panels a good investment?

Commercial solar panel installation can bring many benefits: Over the 25-year lifetime of solar panels, savings can equate to thousands of pounds. A 20kW system can potentially save businesses over £3,000 annually on their electricity bills. Solar panels allow for energy independence and some level of insulation from fluctuating electricity prices.

What are the benefits of commercial solar panels?

Reduced costs, energy efficiency, and energy independence are among the main benefits of solar panels for businesses. On average, commercial solar panels can break even in 4 or 5 years due to their high solar absorption capacities. The best solar panel companies for larger arrays include LG, Sharp, SunPower, Panasonic, and Yingli Solar.

What are the different types of commercial solar panels?

Although there are several different types of commercial solar panels, the most commonly installed systems use either Monocrystalline or Polycrystalline panels. These are the same types of solar panels used in residential installations also. Do you Require Planning Permission to install Solar Panels for Business?

How efficient are commercial solar panels?

Standard solar panel efficiency levels are 15-20%, but they can reach 42% in some cases. Commercial rooftop solar panels are not all created from the same material and therefore have different efficiency ratings. Monocrystalline solar panels are made from one silicon piece and are known for being the most efficient solar panel type on the market.

What is commercial solar?

Commercial solar is the use of solar energy to fulfil the energy needs of a business. Compared to residential systems, commercial solar panels are typically larger to absorb more light, and generate more energy to meet the higher demand of businesses. When it comes down to solar panels for businesses, in most cases the larger the panel the better.

Are commercial solar panels right for your business?

Commercial solar panels can be beneficial regardless of whether your company is large or small. Most businesses are active in the daytime, which means they are the perfect candidates for utilising solar panels and enjoying the cost savings that come with them. Let’s see if commercial solar panels will be right for you.