If you are one of the many household owners who want to save a few hundred dollars by making some environment-friendly decisions such as getting the best Denver solar panels, then this is for you.
With the generous incentives from the federal government and the state, the ever-increasing and fluctuating electrical rates and the limitless energy of the sun are all their motivation to switch over to solar power.
Investing in commercial solar power can offer long-term savings and quick payback as it provides one’s company protection against the increasing electrical rates. Moreover, it allows the company to actually forecast its expenses far into the future.
How does commercial solar power work?
The photovoltaic cells are installed on the ground or on the roof of the business facility. This converts the sun’s energy into DC power. The power is then sent to a device, known as the inverter. Inverters convert the DC power to AC power which is similar to the AC power from utility grids.
The power then travels to the breaker box or the electrical service panel wherein it is allocated to electrical loads throughout the facility.
The excess power generated on the other hand flows into the utility grid through the electric meter. This causes the meter to run backward thus producing credit with the utility company.
With the possibility of gaining credits, an agreement should be made between the business owner and the utility company. The agreement, known as net metering, should state that the utility will give credits to the business account for the excess electricity that is produced and fed into the utility grid.
What are the benefits of commercial solar power?
Commercial power systems can offer the following benefits to businesses:
- Protection from increasing prices of energy rates.
Utility expenses constitute a significant portion of the company’s budget. As the fluctuating electrical rates greatly affect the viability of the business, installing a private solar power system can eliminate or reduce the company’s exposure to such problems.
- Reduce Operating Costs.
Photovoltaic cells can greatly lower the company’s electrical bills. Investing in a solar power system is like investing in your source of energy for the next couple of decades. At that point, the cost of energy that the company might be paying at the moment is significantly higher than they would be paying with the commercial solar panels.
- Long term reliability and low maintenance costs.
Photovoltaic cells were originally designed to be used for outer space. Repairing is extremely expensive, the reason why it is created to be reliable for long periods of time, with virtually no maintenance.
The same is true with Denver solar power systems in commercial areas and at home.