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Maximize the profit-making capacity of your business with commercial energy efficiency advice and services from Energy and Financial Consulting.
With valuable experience, our energy efficiency experts help your organization lower its growing energy expenses while simultaneously helping your marketing efforts. There is money in going "GREEN". There is a segment of our society that will buy from a green company over a non-green company. Demonstrate your company's commitment to sound environmental policies, which can be communicated to your company’s stakeholders, community, and your own customers.
Why Should You Choose Solar Energy?
People decide to invest in photovoltaic systems for a variety of reasons. Some want to help preserve the Earth's finite fossil-fuel resources and reduce air pollution. Others want to invest in an energy-producing improvement for their property. Some people like the security of reducing the amount of electricity they buy from their utility, thus, making them less vulnerable to future energy price increases.
Installing solar PV systems not only reduces your electric bill, but also increases the value of your property. Panel pricing coupled with today's state, federal rebates, and tax credits, make going solar even more affordable. In addition, utilizing alternative energy to meet your power needs is critical to not only reduce your dependence on non-renewable energy sources, such as fossil fuels, but also in having a direct and positive effect on our shared environment.
Top 10 benefits of solar energy
There are many reasons why homeowners and businesses go solar. Improving the environment and cutting energy costs are the most common. Many people recognize that solar energy is a great home upgrade and are eager to reduce their carbon footprint while simultaneously improving their property value.
Whether your motivations for going solar are economic, environmental, or personal, this sizable list of solar power benefits will have something for everyone. Here are the top ten reasons why solar energy is good for your home and why more people than ever in California are switching to solar!
Drastically reduce or even eliminate your electric bills
Whether you are a homeowner, a business or a nonprofit, electricity costs can make up a large portion of your monthly expenses. With a solar system, you will generate free power for your system’s entire 35+-year lifecycle. Even if you do not produce a hundred percent of the energy you consume, solar will reduce your utility bills and save you a lot of money nonetheless.
Earn a great return on your investment
Solar is not an expense – on the contrary, it is one of the best ways to invest, with returns rivaling those of more traditional investments, such as stocks and bonds. Thanks to substantial electricity bill savings, the average California homeowner pays off their solar panel system in four to six years and sees an ROI of 20 percent or more.
Protect against rising energy costs (Hedge Against Inflation)
One of the most clear-cut benefits of solar panels is the ability to hedge utility prices. In the past ten years, residential electricity prices have gone up by an average of 10 percent annually. By investing in a solar energy system, you can now fix your electricity rate and protect against unpredictable increases in electrical costs. If you are a business or homeowner with fluctuating cash flow, going solar will help you better forecast and manage your expenses.
Increase your property value
Multiple studies have found that homes equipped with solar energy systems have higher property values and sell more quickly than non-solar homes. Appraisers are increasingly considering solar installations as they value homes at the time of a sale. As homebuyers become more educated about solar, demand for properties equipped with solar panel systems will only continue to grow.
Boost U.S. energy independence
The sun is a near-infinite source of energy and a key component in achieving energy independence in the United States. By increasing our capacity to generate electricity from the sun, we can also insulate our country from price fluctuations in global energy markets.
Create jobs and help your local economy
According to The Solar Foundation, the solar industry adds jobs faster than the overall U.S. economy. This growth is expected to continue. Because solar-related jobs tend to be higher paying and cannot be outsourced, they are a significant contributor to the U.S. economy.
Protect the environment
Solar is a great way to reduce your carbon footprint. Buildings are responsible for 38 percent of all carbon emissions in the U.S.; going solar can significantly reduce that number. A typical residential solar system will eliminate three to four tons of carbon emissions each year—the equivalent of planting over 100 trees annually.
Demonstrate your commitment to sustainability
Sustainability and corporate social responsibility are important components in an organization’s culture and values. Consumers, businesses, and communities, are increasingly recognizing and rewarding businesses that choose to operate responsibly. Businesses are finding that ‘green’ credentials are a powerful driver of consumer purchasing decisions, simultaneously creating good will and improving business results.
Increase employee morale
Just like consumers, employees have a demonstrated appreciation for their employer's commitment to operating responsibility. Employees share in the success and contributions of their organizations. Companies that care about their community and environment tend to have lower turnover rates, more engaged employees, and higher levels of morale.
Companies are quickly realizing the social and economic benefits of adopting solar power. As early adopters pull ahead of the competition, many companies are exploring solar power as a way to keep up.
Converting to solar energy is a highly efficient
way to reduce your businesses overhead
Take Control of Operating Cost
Energy rates schedules are complex. But one thing is clear: electricity rates increase an average of 6% per year (much more in many parts of CA.).
In December, 2022, the Governer of California approved a CPUC plan to change NEM2 to a new plan (PG&E, SCE, and SDG&E). The new NEM3 will greatly lower the savings from solar and will push businesses and consumers to invest large amounts of money into battery storage systems to ensure an ROI (ESS). This change takes effect towards the end of April 2023. Your system must be engineered and permitted by this date to be grandfathered with NEM2. Don't miss the opportunity to lock in your savings for 20 years to come.
EnFin knows rate schedules, how your business uses energy, and how you can save. Solar provides a hedge against inflation. Take control of your future today.
The cost of materials are rising for the first time in years. The Pandemic, supply chain issues, and shortages in raw materials have increased the cost of solar equipment and installations in just the last 2 years.
Solar panels are still limited by raw materials and manufacturer production capabilities. In fact, LG just terminated their solar panel production sighting raw material and supply chain issues. This makes solar panels a commodity, which means prices fluctuate with demand. Solar panels should be compared to other commodities that have limited productions like oil and gas. Prices rise with increased demand. Simply put, you can't be sure that the incentive will be around unless you sign up today and install your system. Once approved, you are guaranteed to receive your incentives if you meet the deadline.
Why Aren't More Businesses Buying Solar?
Thanks to innovative financing techniques, investment from large institutional investors, and a patchwork of semi-effective public-policy efforts, solar power has never been more affordable. But even with pricing that normally requires no initial capital outlay from many organizations and lifetime savings — and even occasional opportunities to make money, by selling power back to the grid — American companies still aren’t buying into solar in significant numbers.
The negative association of “green” technologies with inefficiency and idealistic, hippie-fueled impracticality still prevail. The reality of the industry — as evidenced by the enormous investments that companies like Google, Apple and Bank of America are making in solar power — is that it has rapidly become a smart, practical, and profitable investment. Despite a lack of widespread acceptance, the market is growing rapidly. Our solar experts allow your organization to make the most of generous government rebates and incentives available to you – for some up to 70% off the cost of installation.
Your company can benefit from special tax incentives. Our solar experts have deep experience with commercial-grade solar installation projects. Our team works with you to evaluate your business goals, site potential, energy demand, and utility rate tariffs. We identify alternative approaches to engineering design, technology choices, and finance options.
Maybe you will not own the building that long?
That would be in your favor. In many cases, building owners have sold their buildings with the solar and recouped up to 100% of their investment, while selling their building faster than others. That potential, combined with the utility bill savings, means you made a profit on your solar power system; and it was easier to sell than if you did not have a solar PV system.
Optimized Turnkey Solar Solutions
The most powerful solar energy systems go beyond the solar panel. EnFin delivers complete commercial solar power systems designed to optimize overall solar energy output. At every step of a solar project – from site assessment, securing financing, design, and installation, to operation and maintenance – our goal is to provide systems that deliver the most energy possible.
Our experience designing solar projects ensures the highest levels of quality and satisfaction from our customers. We design solar power systems for multi-family complexes, retail businesses, schools, non-profits (churches and others), government and municipal, office buildings, grocery stores, malls, retirement communities, multi-use facilities, cold storage facilities, health care facilities, manufacturing, storage facilities, agricultural concerns, high tech organizations, transportation organizations, golf courses, and many other industries.