Businesses all over the world are rapidly switching to solar energy and the extraordinary rate of solar adoption shows that positive PR and a desire to reduce one's carbon footprint aren't the only factors driving this growth.
The reason is far more complicated. When a business decides to install solar panels, they are implementing a triple bottom line strategy, which is expected to provide greater business value through improved performance in social, environmental (or ecological), and financial frameworks.
In today's market, it has become imperative for corporations to adopt sustainable practices in order to stay ahead of their competition and maintain customer loyalty. With current energy prices rising at an alarming rate, businesses cannot afford to ignore the benefits that come along with adopting sustainable practices such as solar energy adoption.
The benefits of installing industrial solar panels vary from company to company, but the most common ones include:
A Decrease in Overhead Expenses:
If you're looking for a way to lower your overhead costs, installing solar panels may be just the ticket.
The benefits of going solar for businesses are numerous. You will be able to save money on electricity costs, and you can also use that electricity as an asset in other ways—for example, by selling it back to the grid or using it to generate revenue with an energy storage system.
A company can also use the power generated by its solar panels as an investment by selling it back to the grid at peak times and buying it back when demand is low. This can result in significant savings over time, especially if the price of electricity fluctuates widely during the year—for example, during periods of high demand or low supply.
A Reliable Power Supply:
The power supply in India is quite erratic, and there are frequent blackouts. While it's easy to get used to these outages, they're also not great for productivity.
The worst part is that they're not limited to just one area—they happen all over the country, and sometimes for weeks at a time! If you have a business in India, it's important to know how your power supply affects your productivity.
In recent times, India has seen an increasing number of power outages. This is due to a coal shortage that has been causing a power crisis in India. A long list of states, including Andhra Pradesh, Gujarat, Maharashtra, Jharkhand, Bihar, Haryana, Uttarakhand, and Madhya Pradesh, are witnessing long power cuts as India finds itself on the brink of another power crisis just six months after coming out of one in October 2021.
Luckily, there is an easy solution: solar energy! Solar power is reliable and steady, even when the grid goes down. There are two ways you can use solar energy in your business: off-grid systems or net metering policies. Either way, you'll be able to keep productivity high and costs low by investing in solar power.
Ease of Maintenance:
It's a fact that solar panels are the most efficient way to generate power. They're also a great addition to any home or business, and can provide you with free electricity for years to come. But what if there were another reason to invest in solar? What if we told you that it's easy to maintain?
Here's why: solar panels made by reputable and well-known brands are extremely efficient and essentially a one-time investment. They are made of the best materials available, and will last for years—possibly even 25 years if you choose wisely. Just make sure that the panels are installed by professionals who will assess your power needs, available installation space, and budget before proceeding with the process. Before releasing these panels to the market, reputable manufacturers stringently and in-house quality-check them. You will need to provide minimal maintenance—especially if your solar energy system does not include batteries—and you can rest easy knowing that you've done your part for our planet!
In today's world, it's not enough to just focus on short-term profits. You need to ensure that your business can survive in the long run as well, especially when every year brings new challenges and opportunities.
That's why investing in solar energy is such a good idea. Not only does it provide you with a steady stream of income over time, but it also helps you save money that would otherwise be spent on expensive electricity bills. This will not only help your business grow, but also reduce the risk of an unexpected loss or crisis situation by providing ample long-term savings. This way, you won't have to worry about having funds available at all times for emergencies or for expanding your business operations without having to take on loans from banks or other financial institutions.
Eco-Friendly and Good for CSR:
Investing in solar energy is a great way to be environmentally conscious while also assisting your company in meeting its corporate social responsibility (CSR) objectives. You can reduce your carbon footprint and make your business more appealing to clients, partners, and investors by making the world a better place for future generations. This will garner customer special recognition as a "ecofriendly" business.
Solar power is good for the environment because it doesn't generate any pollution or greenhouse gases. It also uses no water or fuel, which means that it is carbon neutral. Solar cells are made from silicon, which is abundant in nature and can be reused over and over again.
For all of the reasons stated above, solar energy is sufficient to ensure that you reap the benefits for your business.
It is understandable that you cannot convert your company to solar energy in a single day. It is a serious process that will take some time to complete. However, all of your efforts in the overall process of going solar will undoubtedly be rewarded because they will be returned to you in a short period of time.
Choose Frittsolar to get solar panels.
Frittsolar is one of the leading solar system companies in India that provides solar panel installation service. Frittsolar has a team of professionals who have years of experience in this field and can help you choose the right kind of system for your business. Frittsolar has successfully deployed several rooftop solar systems for industries , residences and commercial and corporate spaces.