Primary energy sources such as fossil fuels are becoming expensive every day. It is because the energy comes from fossils, coal, and gas, which have all increased in price in the past few years.
Experts believe that energy prices will continue to soar until further notice, which is why industrial and commercial building owners need better alternatives like solar panel installation.
Solar panel systems use the sun’s sustainable energy for cost reduction. Wondering how to reduce your energy bills with solar systems? Well, you aren’t the only one. Reducing energy bills with this technology is a bit more complex for building owners. However, we have a few tips to help you do this.
Bill Reduction with Solar Systems: How can you Save?
Following are some places where having a solar system for commercial buildings can help you save energy costs in the long run.
Electricity Bills for Commercial Complex
Commercial building owners need to pay around $2 per square foot. Thus, these building owners need to pay as much as $2,000 a month if they have a 1000 square feet commercial facility. This makes electricity bills one of the biggest concerns for businesses. However, installing solar systems is a great way to reduce your electricity bill significantly.
Investing in solar panel setups may sound like a big cost, but it is not for commercial buildings considering the various long-term benefits. Consider that most solar panels are made to last for at least 2 decades, meaning, you will not need to deal with replacement costs for several years.
Solar panels absorb light to produce and transfer energy directly into the power grid. This helps commercial building owners cut their electricity bill costs as low as 50% with efficient solar systems.
Bigger solar plants also allow owners to cut down their main energy and use sustainable energy during the day, and during the night.
Initiatives like the Smart Export Guarantee (SEG) tariff are a great option for commercial facility owners to earn and save through their solar systems. The government pays users for any excess electricity that goes into the grid station. Note that you will not get incentives for all the electricity your commercial project creates.
However, the SEG Tariff allows users to determine the pay rate, length of the contract, and choose between a variable or constant tariff.
For instance, the fixed SEG Tariff subscribers get their incentives for each kilowatt-hour (kWh) of electricity. Contrary to this, the variable tariff has prices as per market trends. However, the energy rates are attractive to promote more of such initiatives.
It is wise for commercial building owners to assess the various providers and rates in the market to deal with the best one.
Alternative to Gas Bill for Hotels and Eateries
Several individuals in the country use gas to cook and heat, which is unfriendly to the environment, and quite costly. Switching to electricity-powered stoves and heaters is a better option because commercial building owners can run all these machines with solar power and save tons of money.
This is especially effective for hotels, restaurants, and eateries, which need to use their stoves regularly. It will not only help you cut down on gas prices but also help you save the environment against unhealthy emissions.
Solar Battery Storage
Solar batteries can be connected to the local solar PV systems as these batteries have lithium-ion. This makes solar batteries the most efficient, cost-friendly, and fastest delivery energy option for commercial buildings. While setting these solar batteries for the solar systems is a bit more complex than individual residences, it is worth the trouble.
These batteries allow commercial complexes and facility owners to extract maximum energy from the sun during the daytime. Users can maximize their electricity use during the day, such as running an air conditioner, TV, washing machine, and other appliances.
These building owners can use the battery stored energy during the latter half of the day. Setting up these solar systems can even help companies save up for their office expenses, electricity bills, and charging costs. However, the level of the solar system required increases accordingly.
Additional Tips to make most out of Solar Systems to Reduced Energy Bills
Simple tips like managing your energy use can help you maximize the benefits you get with solar panel systems. Let’s have a look.
More Use during the Day
Start by optimizing your working hours and machine usage. For example, hotel owners that need to run dishwashers, or washing machines for heavy load guests, should do it during the day. The energy production is much higher during the day with solar panels. This way, the battery replenishes itself during the day and still has enough left to power up your commercial building during nighttime.
Add Other Renewable Items
Renewable energy isn’t limited to solar systems only, as there are several other energy-efficient options easily available in the market. Some common examples of secondary renewable energy for commercial areas include the following:
- Heat Pumps
- Thermal Panels
- Wind Turbines.
Adding these external energy-saving technologies to your commercial facilities is the easiest way to split energy use among multiple channels and reduce your bill.
Avoid Wasting Energy
Energy wastage is a leading issue that can not only deteriorate your solar systems faster but also waste produced energy. Thus, all commercial locations should ensure avoiding energy wastage. For instance, you can make architectural developments in offices, stores, shops, and markets. Similarly, reducing water usage can also help preserve resources longer, and improve the average energy production.
Clean Your Solar Panels
Cleaning your solar panel is easy and effective to keep energy production at a maximum. This applies to commercial facilities specifically because of higher energy use. Cleaning each panel manually is difficult, but automated options like sprinkler systems can come in handy to keep your solar panels tidy.
Reducing your energy bill with solar systems is an easy and effective method of cutting costs, and following an environmental-friendly approach. We suggest you try the tips we have mentioned in this list, and you will see a cost reduction on your energy bills soon.