You’ve probably noticed that energy costs are rising, and many businesses in New England are focusing on being environmentally responsible. This is why more companies use commercial rooftop solar as a sustainable solution. Did you know that New England has some of the highest electricity rates in the country? Because of the high costs, customers in states like Massachusetts, Connecticut, and Rhode Island can significantly benefit from solar energy. When a New England business chooses solar power, it can cut energy costs and shrink its carbon footprint. There are also financial incentives to doing so. In this post, we’ll look at fome of the financial and environmental benefits of using solar energy for your business.
The Financial Benefits of Rooftop Solar
First, did you know that New England businesses deal with some of the highest electricity rates in the U.S? According to a recent U.S. Energy Information Administration’s Electric Power Monthly report, the average electricity rates in New England states are higher than the national average of 16.54 cents per kilowatt-hour (kWh). Here are some of the stats from December 2024:
– Connecticut: .21 per kWh
– Rhode Island: .28 per kWh
– Massachusetts: .20 per kWh
– New Hampshire: .19 per kWh
– Vermont: .18 per kWh
– Maine: .17 per kWh
When we considering the cost of energy in New England, switching to solar power seems like a wise investment, doesn’t it? If you are looking to reduce your energy costs, solar energy make a lot of sense.
Secondly, it’s good to note that there may be federal and state incentives available for your businesses. As of today, The Federal Investment Tax Credit (ITC) allows companies in New England to deduct a significant portion of their solar installation costs from their federal taxes. Also, state incentives such as rebates and tax credits can further reduce the upfront costs of solar energy systems. For instance, Massachusetts and Connecticut offer financial assistance programs to help businesses adopt renewable energy solutions.
Solar Energy: Environmental Impact and Sustainability
Solar power is a smart choice for your budget and the environment. New England businesses can reduce their overall carbon emissions by using clean, renewable energy like the sun instead of fossil fuels. This is crucial in cities like Boston, Providence, and Hartford, where pollution from traditional energy sources like coal and “natural gas” can harms the air quality. Unfortunately, some studies suggest that the environmental impact of fossil fuel use has been minimized.
Consumers and stakeholders care more about sustainability now. Companies that invest in green energy can improve their overall brand image and attract customers, investors, and employees who prioritize the environment.
Energy Independence and Stability
New England’s changing weather and seasonal energy needs can lead to high costs and service interruptions for businesses that rely only on the grid. Rooftop solar systems provide a reliable energy source, which helps reduce dependence on outside providers. Many companies also choose battery storage systems to keep extra solar energy for use during busy times or power outages.
Optimizing Solar Panel Performance
After installing solar panels, businesses must maintain them to keep them working well. Dirt, pollution, and debris can gather on the panels and lower their energy output. Regular cleaning and maintenance protect your investment and ensure reliable energy production.
Peak Solar Pro helps New England businesses maintain their solar panels. Our cleaning and maintenance services improve efficiency, extend the lifespan of your panels, and safeguard your investment in solar energy. We proudly serve businesses across the region and are here to help you keep your solar systems running at their best.
Key Takeaways:
- New England businesses face high electricity rates, making solar energy a cost-effective choice.
- Federal and state incentives help lower the upfront costs of commercial rooftop solar installations.
- Solar power decreases carbon emissions and supports corporate sustainability efforts.
- Rooftop solar enhances energy independence and offers long-term financial stability.
- Regular cleaning and maintenance ensure solar panels work efficiently and last longer.
If your business is ready to switch to solar energy, contact Peak Solar Pro today! Give us a call at (617) 522-4046 or get started online here.