When running a business, something that is always on your mind is how to save money. With solar energy, saving money can not only mean bring on your bills down, but it can also mean an increase in your profit margin, allowing for a more successful business venture in whatever sector of the market you may be in. Thanks to companies like Opal Energy grou.
How Much Will It Cost?
According to the Solar Energy Industries Association, more than 500,000 new
residential solar panel systems were installed on rooftops in 2017. Solar panels are an investment that will almost certainly be profitable in the long term, despite the fact that both the economy and the solar business will be more volatile in 2022. Panels that are obtained from a competent solar installation and are adjusted for the best possible generation of electricity will save more money over the course of their lifetime. There are also solar alternatives available for those who rent their homes.
The average cost of installing residential solar panels is around $20,000. However, the prices of installing residential solar panels might vary depending on their size, local incentives, and local expenses. The majority of household solar power systems will be on the more compact side. Solar energy might become cheap thanks to tax advantages and other financing alternatives.
Why Knowing What Your Electric Bill is Helps
This estimate is based on the premise that 100% of your electricity will come from solar sources. While some residences will be able to acquire all of their electricity from solar panels, and even sell any excess power they produce back to the grid, others will still have to pay an electric bill to cover the remainder of their use. This will vary greatly from one property to the next, based on factors such as the quantity of solar panels placed, the average amount of electricity used, and more. You may get more tools to help you calculate the possible savings for your property here.
Now that you have an idea of how much energy you’ll save, go into your account with your electric utility provider and determine the average cost of your most recent few months’ worth of power use. If you can go back at least six months, doing so will help you account for seasonal shifts in temperature as well as other expense variations.
Why Opal Energy Group is Top Notch
At Opal Energy group, we can help with a variety of energy saving ideas and methods for your business, including commercial solar installation to cut down on your energy bills, and a plethora of information and education available including how to sell excess energy back to the grid, and how to expand your energy saving to reduction of energy and other energy saving steps to take to further reduce your consumption and maximize your profit margin.
At Opal Energy Group, we’ve been working for decades, bringing together industry leading professionals to help you and your neighboring businesses to provide a great experience in solar energy to not only help you and your business, but the environment as a whole. For more information on how we can help you save money, and to get a quote from us today, head over to our website today!