Community Solar vs Buying Panels: 3 Benefits
Any small business owner wants to do whatever they can to save money and benefit their community. Converting at least part of your energy consumption to solar energy is the perfect way to start. The process is relatively simple, but there are multiple options. Two of the most common are buying and installing your own solar panels and joining a community solar farm. At Renewables Worldwide, we connect businesses like yours with community solar projects in your area, so it should come as no surprise that we think community solar is the way to go.
Are you ready to switch to solar energy? Here are three benefits of joining a community solar farm over buying solar panels.
Lower Upfront Costs
Switching to solar energy will save you money, but you still want to balance the future savings against the upfront costs. If you buy solar panels, you have to pay upfront for the system and the installation costs. Depending on the size of the system, that could cost anywhere from $10,000 to $30,000. When you join a community solar farm, the setup is already complete. Your costs are restricted to a monthly fee.
No Maintenance or Installation Hassles
When you own your solar panels, you are responsible for the installation and maintenance costs. With a community setup, none of that is your concern. The owner of the solar farm takes care of installing new panels and maintaining, repairing, or replacing panels as needed. As a member of the project, you may not even know when maintenance occurs. It’s in the interest of solar farm owners to keep everything running smoothly, so there’s no need to worry about whether or not you’re getting the most from your solar panels.
No Need for Property Ownership
Many business owners dismiss solar energy as a possibility because they don’t own the property their business occupies. If you were buying and installing your own solar panels, that would be a concern, but that’s not the case with community solar. Community solar projects work by selling electricity to a utility company, and all members of the project receive a portion of the proceeds, usually in the form of a discount on their electric bills. Because it requires no physical changes to the property, renting isn’t a barrier to entry.
Join a Community Solar Farm with Renewables Worldwide
Make a difference in 2025 by joining a community solar farm! Your business will save money, and you’ll make a positive impact on your community. Contact our team today to get started.