How To Choose the Right Solar Panels for Your Business

Going solar is a big decision for any business. You’re not just choosing a new power source but making a long-term investment in your company’s future.

Solar panels have become an increasingly popular choice for companies looking to reduce their energy costs and environmental impact. Recent statistics show that the global market value for commercial solar energy this year has reached around USD$23.82 billion. It’s also forecasted to reach almost USD$70 billion in 2031. This shows that many businesses are tapping into the power of the sun!

However, with so many different types of solar panels available on the market, it can be difficult to know where to start. This article will explain everything you need to know to choose the right solar panels for your business.

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Understand Your Energy Needs

Before you start shopping for solar panels, you’ve got to know what you’re looking for. Take a good look at your energy bills from the past year. How much power does your business use on average? Are there seasonal spikes? Knowing your typical energy consumption will help determine the size and number of panels needed.

Select the Right Solar Panel Installation Company

Selecting the right solar installation company is just as crucial as choosing the right panels. You’ll want to work with a company with a proven track record of successful commercial installations and excellent customer service.

Look for companies that:

Have extensive experience in commercial solar installations
Are licensed and insured
Use high-quality, warrantied products
Offer strong after-installation support and maintenance services
Have positive reviews and references from other businesses

Experienced commercial solar installers like AR Power use cutting-edge solar technology and can help your business create a custom set-up that meets your specific needs. They can also guide you through the entire process, from initial assessment to system design, installation, and ongoing maintenance.

So, don’t hesitate to ask potential solar panel installers about their experience with projects similar to yours. A reputable solar panel installation company should be able to provide case studies or references from small businesses in your industry or of similar size.

Consider Your Available Space

Next, you’ll need to consider where you’ll put these panels. Do you have a large, flat roof that gets plenty of sunlight? Or are you working with limited space? The available area will impact the type and number of panels you can install.

If you’re short on roof space, ground-mounted systems or solar carports might be viable alternatives; they can even provide additional benefits, like shaded parking for your customers or employees.

choose the right solar panels for your business

Evaluate Panel Efficiency

Solar panels aren’t all the same. Some are better at turning sunlight into electricity than others. This is called panel efficiency. If you’re tight on space, you’ll want panels that can generate more power without taking up extra room.

Most commercially available solar panels have an average efficiency of between 15% and 20%. And currently, 22.8% is the highest recorded panel efficiency in the commercial solar power industry. However, remember that top-tier panels with high-efficiency ratings have a heftier price tag. Thus, you’ll need to weigh the costs against the benefits for your specific situation before finalizing your buying decision.

Don’t Forget Your Budget

Speaking of costs, your budget will play a significant role in your solar panel selection. While choosing the cheapest option is tempting, remember that you’re making a long-term investment. Higher quality panels might cost more upfront, but you can save money in the long run through better performance, durability, and lower electricity bills.

It’s worth noting that the cost of commercial solar panels has dropped dramatically in recent years. The National Renewable Energy Laboratory reports that the cost of commercial solar installations has fallen by more than 69% since 2010. This trend makes solar power more accessible than ever for businesses of all sizes.

Look at Panel Types

You’ll encounter three main types of solar panels: monocrystalline, polycrystalline, and thin-film. Each offers distinct advantages suited to different needs and circumstances.

Monocrystalline panels are the most efficient but also the most expensive. Meanwhile, polycrystalline panels offer a good balance of efficiency and cost. Thin-film panels are the least efficient but can be a good choice if you work in an unusual space (e.g., weird roof shape) or have weight restrictions.

Check the Warranty

When you’re investing in solar panels, you want them to last. The good thing is that most reputable manufacturers offer 25 years or more warranties. There are two types of coverage you’ll need to look out for. First is the product warranty, which covers defects. The second type is the performance warranty, which guarantees a certain level of power output over time.

A study by NREL (National Renewable Energy Laboratory) discovered that solar panels deteriorate at a yearly rate of 0.5%. This means that after 25 years, your panels could still operate at about 89% of their original capacity.

Key Takeaway

Choosing the right commercial solar panels for your business isn’t a decision to take lightly. It requires careful consideration of your energy needs, budget, available space, and long-term goals. But with the information in this guide, you can make a more informed choice and select the best solar panel system to help your business thrive.