Top 10 Questions to Ask a Commercial Solar System Provider
When it comes to choosing a commercial solar system, it’s not uncommon to be a little unsure about what the right questions to ask are.
Given the multiple factors that need to be considered before opting for these green energy solutions, making the right decision for your business will, ultimately, hinge on knowing what considerations matter and getting the right information from your service provider.
Given our extensive experience in this field, we understand the business case for opting for commercial solar systems better than anyone. Check out our post below for the best questions to ask in this process!
How much money will my business save with a commercial solar system?
When it comes to making any kind of investment, businesses are all about ROI – Return on Investment. Thus, finding out how much money your business will save in this process is likely to be the first question you ask.
In this process, inquire about a long-term cost savings estimate. Given that commercial solar systems are meant to last for decades, savings are better analyzed over a number of years. Here factors such as the insulation of your business from volatile and rising fuel prices are those that are taken into account.
While it will take a few years for your investment to break even, you experience significant savings over the lifetime of your commercial solar system. You can even opt for a Power Purchase Agreement (PPA), which does not require any money upfront, helping your business to experience cost reduction from the word go.
Savings, however, will depend on the capacity of the system you choose. So, if you’re serious about cutting down on cost, don’t be afraid to splurge a little at the start and opt for a high-yield solar system.
How much of an investment are these?
It’s common for a business to ask how many solar panels cost before they settle on a decision. In this process, however, it is far more useful to inquire how much upfront capital is required in order for your company to go solar.
The price of panels, as well as the energy they produce, varies widely. It is, therefore, possible to find a commercial solar system that fits comfortably within your budget.
Does my company have alternative financing options apart from direct purchase?
Yes. An array of solar companies and financial institutions offer businesses options such as leasing and PPAs, which are feasible alternatives to direct purchase.
Lease options are practical if you don’t have the capital required at the outset. Most of these schemes also offer businesses the option of purchasing the system outright at the end of the lease term.
With a PPA, on the other hand, you buy the energy and not the commercial solar system itself. Thus, your company enjoys the benefit of a set electricity rate for an extended period of time. Similar to leases, you have the option of purchasing the system outright after a specific period of time.
Is my building suited for a commercial solar system?
In determining whether your building is suited for solar, consult solar experts to get an accurate reading of suitability. This will usually be done through an on-site inspection, including available roof, parking lot space, nearby land, the angle of the sun, shading, and a range of similar factors.
What is the right type and size for my commercial solar system?
Most businesses opt for rooftop, carport or ground systems and sometimes, a combination of these. A solar installation can take place on your site of work or even off-site if your business has land available for this purpose.
Further, companies also have the option of building a solar capacity just enough to meet their specific needs or build extra and be credited for the amount fed back into the grid.
Therefore, in the process of picking a solar system, make sure you first take stock of the energy requirements of your organization.
Next, consider spacing. If your commercial property doesn’t have enough space to accommodate a sizeable commercial solar system, you will need to opt for a higher efficiency model.
Picking the right commercial solar system can become a complex task. By knowing the right questions to ask yourselves and your service provider, making the right decisions becomes a no-brainer.
Stay tuned for part 2 of our ‘Top 10 Questions to Ask When Selecting a Commercial Solar System Provider’!
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