Only 0.7 percent of all energy used around the world is solar energy. However, as small as that percentage seems, an estimated 75 million barrels of oil are saved each year due to that minor usage of 0.7 percent solar power. Given these statistics, just imagine how much oil might be conserved if more residences, businesses, and other buildings used, solar panel mounts, and other solar energy equipment to install solar panels on their premises. On a smaller scale, imagine how powering an individual business with solar power could change how you use and pay for energy.
The United States currently has an estimated 1,650 megawatts of solar energy panels installed across the country. However, state and federal governments are attempting to increase this number, with many states in the U.S. providing tax deductions for having solar panel systems installed on residences. This financial advantage only adds to the savings a company earns by disconnecting from the energy grid and generating its own power.
Solar panels, whether using a single axis tracker or a traditional ground mounted solar panel system, are an extremely reliable form of technology, and have a lifespan between 30 and 40 years on average. Even better, using a solar panel system on a commercial building can have a significant effect on the environment: one kilowatt of energy produced by solar energy systems prevents 300 pounds of Carbon Dioxide from being emitted into the atmosphere, and prevents the consumption of 105 gallons of water. Solar trackers can make solar panels even more efficient, producing more energy at peak consumption hours throughout the day.
If you are interested in saving money on your taxes and energy bills, or in reducing your company’s effect on the environment, switching to solar energy is a great way to save money and lessen your environmental impact. Contact Solar FlexRack to learn how our unique solar racking solutions can improve the performance of your solar panel installation.