Refrigerated warehouses have one of the most demanding energy consumption rates in the commercial sector. The constant refrigeration requirements of pharmaceuticals, foodstuffs, and other temperature-sensitive products usually account for over 72% of the overall electric energy consumption for cold storage facilities. Forward-thinking companies are constantly tracking their energy use and looking for ways to optimize it.
That’s where 93Energy comes in. With decades of experience providing solar panels for cold storage facilities, our team can help you dial in your electric energy strategy with custom solar panel installations tailored to your electrical needs. We know that every company is unique, possessing its own energy profile. It’s our goal to help you realize significant energy savings on one of your most costly expenses.
1) Lock in the cost of your power
Solar panels for cold storage are a wonderful way to become less dependent on the energy grid. When you own your own power generating facility you lock in your cost of power for the next 30 to 40 years. As power from the utility continues to go up you can rest assured knowing that your cost of power will stay consistent. Consistent costs allow you to have more control of your business and your profits.
2) Lower Operational Costs
Installing commercial solar might seem expensive, even daunting until you see how much you’ll be saving over the long run. The facts are in: solar panels save companies money, and when you choose a professional commercial solar panel installation company like 93Energy, you’re sure to get the most bang for your buck!
3) Supply Chain Sustainability
Cold-storage solar panels are increasingly chosen because of their impact on supply chain sustainability. Since solar power only becomes less expensive and more efficient, there’s never been a better time than the present to take control of your own energy supply.
4) Tax Incentives and Other Financial Benefits
Choosing custom solar panels for commercial enterprises doesn’t need to be expensive. Governments incentivize the switch to solar energy via tax credits and grants; different cities and states will have different incentives. 93Energy always makes sure that our clients are able to take advantage of solar energy incentives when making the swap, thereby greatly reducing commercial solar installation costs.
5) Help Tackle Climate Change
It’s not a secret that our climate is rapidly changing. Man-made climate change can be curbed greatly in part by switching to solar energy. Lower your carbon footprint and contribute to a greener tomorrow by installing solar panels for your commercial cold storage.
6) Attract New Investments and Clients
Businesses that install solar panels for cold storage are not only showing financial intelligence but also social wisdom. People are becoming more and more eco-aware, and they want to be associated with industry leaders that hold the same values regarding the planet’s health. Installing solar energy allows your business to be marketed as one with a green image that cares for our shared environment, attracting new investments and clients.
Bridge loans are a type of solar loan popular with customers who want to own their system but who need to manage the timing difference between installation and receipt of state and federal incentives. Since solar incentives in Illinois can account for more than 60% of the cost of a system, this type of loan allows customers to go solar with considerably less up-front investment.
A term loan is similar to mortgage. The term loans most frequently chosen by our customers have a 20-year term, but we also offer 15 and 10 year loans. This type of solar loan is great for customers who want to minimize the out-of-pocket cost of going solar but who still want to take advantage of the long-term economics of solar ownership. The payments on these loans can be smaller than the savings on utility bills that result from going solar.
Solar Lease/Power Purchase Agreement
Just as with an automobile lease, with a solar lease you don’t actually purchase your solar system—you make payments for the right to use it over a period of time. The solar leases we offer are provided by SunPower, our equipment manufacturer, and have terms of 20 years. Solar leases are great for consumers who want to immediately save money on their energy costs but who prefer not to invest in their system. Solar leases are also ideal for customers who don’t have a federal income tax liability and thus can’t take advantage of the federal tax credit for solar. Solar lease customers do not receive the federal tax credit or the Illinois Shines incentive, but rather benefit from those incentives through a lower monthly lease payment than they would otherwise receive.
Custom solar panel installations for your cold storage enterprise will deliver significant cost savings while providing a range of environmental and other practical benefits. Increase energy independence and decrease potential disruptions to your operation. Solar panels are low maintenance, and efficient, and attract new investors and clients in our increasingly environmentally-conscious age.
93Energy is a reputable solar panel installation company known for prioritizing customer satisfaction. From cold-storage pharmaceutical warehouses to food processing and distributing plants, we’re dedicated to delivering the highest-quality solar solutions for your business. Give us a call or send us an email today for more information and schedule a free consultation.