Overview of the Solar Business
The solar business involves generating electricity from sunlight. Global solar market value reached $422 billion in 2020. Solar panels can generate cheaper electricity than coal and natural gas.
You can develop a local customer base by selling at farmers markets before opening a storefront. This provides additional revenue streams and loyal customers.
Solar energy helps businesses reduce emissions and energy bills. The financial savings incentivize switching to solar.
Long-Term Benefits and Savings
Modern solar manufacturers provide 25-30 year guarantees on reliable function and durability. For this period or longer, solar systems provide financial benefits and energy independence.
Commercial solar systems link to the power grid, benefiting from net metering policies that provide bill credits for surplus power sent to the grid.
Upfront solar panel costs are high but lifetime costs are extremely low. With government incentives, solar panels pay for themselves in years then enable great long term savings.
Profitability
The solar business generates electricity from sunlight. Global solar market value was $422 billion in 2020.
Solar energy reduces emissions and bills for businesses, offering benefits such as reduced bills, extra income, tax incentives, environmental responsibility, and energy independence.
Solar manufacturers guarantee reliable function and durability of solar systems for 25-30 years.
While upfront costs are high, lifetime solar panel costs are extremely low. With government incentives, solar panels pay for themselves in years and then enable great long term savings.