Commercial solar panels are one of the best energy-efficient ways to save money and produce electricity. However, their installation can be overwhelming, as you have to look at many factors to make an informed decision.
Here are some key considerations you must take into account for your commercial solar panel installation project.
- Funding OptionsÂ
Commercial panel installation is a major investment, and you must consider potential funding options for it. This will ensure reduced energy costs, improved cash flow, and increased sustainability.
Here are some funding options you can consider for the commercial solar panel installation:
- Cash Purchase: This is the most straightforward method to own the system outright.Â
- Loan: Solar loans are especially designed for commercial projects, and you can obtain them from any bank, financial institution, or specialized lender.Â
- Tax Incentives and Grants: Various governments and local programs offer grants, tax credits, and other incentives to fund businesses for the commercial solar panel installation.Â
- Asset Finance: This method involves a financing company purchasing the system and you making monthly payments until it is paid off.Â
- Self-Financing: If you have the capital available, you can use it and self-finance your commercial solar installation project.Â
- Power Purchase Agreements: According to this agreement, an investor funds the solar installation, and you purchase the generated electricity at a set rate.Â
- System DesignsÂ
System design is one of the major things to consider in the commercial solar installation project. You must determine your building’s electricity consumption, taking into account both its historic and potential future usage.
When designing the system of your commercial social panels, you have to assess and evaluate several site-specific considerations, such as the roof orientation, inclination, and the roof horizon for shading purposes. You should take into account all the crucial points to choose a system design that can harness the maximum amount of solar energy available.
- Operation and Maintenance
Operation and maintenance costs are often overlooked, but can create some severe problems later on. Therefore, you should not neglect these costs when installing the commercial solar panels to ensure you generate the estimated returns and can react proactively to the potential issues.
- Grid ConnectionÂ
All commercial solar installations require permission to connect to the electricity grid, which is operated by the Distribution Network Operator (DNO). This network operator ensures the safety and security of the network, ensuring the light stays on.
To make the grid connections of your commercial solar panels, you must consult the professionals who have years of experience and knowledge in this field. They will better help you and ensure safe grid connections of your commercial solar panels.
- Structural AssessmentsÂ
In the case of commercial solar panel installation, the risk of structural failure is a rare but serious concern. Therefore, to ensure safety, you must consider all the necessary factors, such as added weight, climate, and the maintained loads of solar panels for now and the future.
Therefore, to mitigate potential risks, it is recommended that you hire a structural engineer to assess your roof. These professionals will perform detailed surveys assessing all the relevant factors and evaluating the impact of the proposed system design of your commercial solar panels.
