In the solar industry, solar power systems are divided into two types: residential and commercial properties. While the residential properties refer to households, commercial properties refer to businesses, offices, markets, and so on. When it comes to installing a commercial solar power system, a lot of business owners have questions that they often do not ask their solar installers. In order to help people making decisions about installing a commercial solar power system, we have answered some of the most frequently asked questions FAQs on commercial solar.
- What is a Commercial Solar Power System?
In order to power a business, office, market, and other commercial properties with solar energy, you will have to use a commercial solar power system. The concept of solar power systems and solar electricity generation is the same in both residential and commercial solar, but there are a few major differences.
Solar panels absorb energy from the sunlight that hits the solar panels and uses that energy to generate solar electricity. The panels then transfer the electricity to the solar inverter and convert it from DC electricity to AC electricity, making the solar electricity compatible for the appliances installed and used in the office.
- What are the Differences between Commercial and Residential Solar Power Systems?
Even though the electricity generation concept and solar components of commercial and residential solar power systems are the same, there are quite a few differences between the two. The major difference is in the size of the two types of solar power systems. Commercial solar panels and other solar components are significantly larger compared to residential solar panels and solar components.
Not only that, but the upfront cost of commercial solar power systems is also higher compared to residential solar power systems. However, all the other benefits or factors of these two solar power system types are the same.
- What are the advantages of Commercial Solar?
There are several advantages that come with commercial solar. Businesses have a high operating cost as it requires a large amount of electricity each day in order to operate the machinery, appliances, and so on. Commercial solar panels can generate a decent amount of electricity that will cover a large percentage of electricity requirement and this significantly reduces the cost of the energy bills; thus, reducing the operating costs of the business.
Not only that, but it also significantly reduces the emission of carbon dioxide and other harmful greenhouse gases while reducing the effects of global warming and other climate change effects. In addition to that, it also allows the business to invest in other aspects with the money they save on the electricity bill and it also increases the value of the property by a decent amount.
- How much do Commercial Solar Power Systems Cost?
One thing we all are aware of is that commercial solar power systems cost more than residential solar power systems and there are quite a few reasons behind it. The cost of commercial solar power systems depends on quite a few factors such as size, brand reputation, efficiency of the solar panels and components. Not only these, but the area you are living in and the solar installer you choose also play a role in the cost of a commercial solar power system.
- Are Commercial Solar Power Systems included under Solar Rebates and Incentives Program?
The local, state, and federal governments of Australia introduced the solar rebates and incentives program in order to encourage the Australian people to switch to solar. Commercial solar power systems are also covered under the incentive program and this encouraged several business owners to switch to solar. The solar rebate and incentive program reduces the cost of the solar power system by a hundred dollars and allows the business owners to save money on the upfront cost of installing a commercial solar power system.
- Do Commercial Solar Power Systems come with Warranties?
Each and every solar component that makes up the commercial solar power system comes with a certain period of warranty. Commercial solar panels come with two types of warranties: product warranty and performance warranty. The product warranty makes sure that the manufacturers will repair or replace the solar panels in case of failures. The majority of solar panel manufacturers offer a product warranty of 10 to 15 years on commercial solar panels, while there are a few manufacturers who offer a total product warranty of 25 years.
The performance warranty makes sure that the solar panels will not drop down below 80 per cent of their initial efficiency by the end of the warranty period. In the Australian solar market, the majority of commercial solar panels come with a performance warranty of at least 25 years, while a few manufacturers offer a warranty up to 30 years.
Solar inverters are an essential part of a solar power system and also come with a certain period of warranty. In the solar market situated in Australia, most of the solar inverters used in commercial projects come with a warranty period of 10 years. Some of these inverters also come with an extendable warranty of 5 to 10 years. During this warranty period, the manufacturer will cover the cost of replacing or repairing the inverter due to failure including the labour costs. The warranty period of solar batteries is similar to that of solar batteries for commercial solar.
Commercial solar panels and solar components cover almost 50 per cent of the solar industry as of today’s date. As the awareness about electricity costs and climate change increases, more and more businesses are switching to solar in order to save money and imply a positive impact on the environment. We have answered some of the most common FAQs on commercial solar power above and we hope that it will help business owners to make a decision while switching to solar.