Solar adoption has grown substantially in the past few years, being installed on everything from parking lots to landfills and even lakes, but there’s something to be said for good old-fashioned rooftop solar.
While roofs serve an essential function, they also have a lot of developed space that could be used more effectively. Unlike solar canopies and ground mounts, no complex construction, land alteration, or environmental impact studies need to be done to clear the area, saving a great deal of time and money. There are many unique benefits that rooftop solar offers compared to other renewable energy solutions, such as:
- Generates revenue or savings as the ideal “rooftop” tenant. By adding solar as a “tenant,” you can turn unused space into a 20-year revenue generator.
- Provides cash-on-cash returns. If you prefer to own the solar array, federal tax benefits can pay for up to 50% of the system costs. You also receive state incentives and the ability to sell the electricity generated directly to your local utility, which can result in a cash-on-cash payback of over 25%.
- Protects against unpredictable energy price changes. Electricity prices are increasing, and it is unlikely that they will slow down anytime soon. In fact, Massachusetts, Rhode Island, and Connecticut are ranked among the top 10 states with the highest electricity rate increases over the past 25 years. With solar, you can accurately forecast the cost of your energy use for more than 25 years. Predictable energy rates mean a more predictable budget.
- Does not require additional space for installation. Adding solar to a rooftop allows building owners to take advantage of unused space that would otherwise just be an additional operating expense for your business.
- Reduces carbon footprint and makes progress toward carbon reduction goals. Almost every state in the Northeast has committed to a goal of carbon neutrality by 2050. Solar energy is clean, renewable, and abundant. Unlike fossil fuels, solar power does not generate harmful carbon emissions and other greenhouse gases that contribute to climate change. With solar, you can significantly reduce your environmental footprint and participate in the “clean energy economy” of the future.
- Provides savings on heating and cooling. As solar on a rooftop provides another layer of protection between a building and the elements, it can help reduce heating and air conditioning bills by keeping the building warmer in the winter and cooler in the summer.
Debunking Common Concerns about Rooftop Solar
The benefits that solar offers are well documented, but what about the myths that keep people from fully committing to solar?
Below, we debunk many of the most common myths surrounding rooftop solar installations.
- “Solar will damage my rooftop or void my warranty.”
One of the most common concerns we come across every day is whether adding a rooftop array will damage a roof membrane. That is, does installing solar on a roof mean puncturing holes, running a risk of leaking, or voiding a roof warranty? The short answer is no. If you have a flat roof, it’s unlikely that any attachments or membrane penetration will even be needed. That’s not to say that attachments are a bad thing. Sometimes, on pitched or more complex rooftops, attachments are needed, but these products will not damage your roof and are specifically designed to maintain your current roof warranty. In fact, Solect will work directly with your roofing company and/or roof membrane company to ensure that your roof warranty is not voided.
- “My roof needs to be repaired or replaced.”
Roof repair or replacement is certainly not inexpensive, which is why it makes sense to consider adding solar to your roof at the same time. Incorporating solar can significantly reduce or even eliminate your roof replacement cost through upfront or ongoing lease payments.
- “Adding solar just makes my roof more difficult to maintain.”
Solar panels are made to be durable and low maintenance, with warranties equaling 25 years. More importantly, Solect offers Operations & Maintenance services to ensure the optimal upkeep of all mechanical, electrical, and photovoltaic components of your solar system. Therefore, there is essentially nothing that you need to do to take care of the actual solar system after it is installed.
- “I can’t afford solar right now.”
Financing is perhaps the most common excuse given in the solar industry, and we understand why – a solar array is a major investment. The good news is that there are multiple financial solutions available to solar customers that fit the economic requirements of almost any company. Financing solutions, such as a solar operating lease, capital lease, or Power Purchase Agreement, require little to no upfront costs while still providing significant energy savings and environmental benefits.
If your organization is looking to improve its bottom line or decrease its overhead costs, adding rooftop solar could be the solution you need! Contact Solect Energy to understand your options and learn how solar can uniquely benefit your company.