Businesses in New York pay some of the highest electricity rates in the nation, about 32% above average. The rates can be a huge burden on the finances of any business or commercial facility, from small retail shops or restaurants to large office buildings, schools, hotels, or government facilities. Installing a commercial solar system is a simple, environmentally conscious way to lower those electricity rates, and this guide will discuss the steps necessary and the tangible benefits for your business.
The Basics Business Electricity Rates
According to the New York State Energy Research and Development Authority (NYSERDA), commercial electricity rates for 2022 averaged about 18.16 cents per kilowatt hour. Though the business electricity rate is similar to other states in the Northeast, it is significantly higher than the rest of the country. Doing things like installing efficient LED lighting or switching to modern, efficient HVAC systems can greatly reduce your energy costs, but consider installing a commercial solar system for a reliable, long-term solution to your high electrical bills.
Benefits of Switching to Solar Energy for Businesses in States like New York
Commercial solar systems are a great way to reduce electrical costs for your business and offer other benefits. They make your business less reliant on the utility grid, especially if battery storage is added to let you keep operating through utility outages. They provide renewable green energy that helps you earn credits toward LEED certification and other incentives. Plus, a commercial solar system can provide clean, reliable power that is safe for your most sensitive electronics and equipment.
How Solar Energy Can Lower Business Electricity Rates
A commercial solar system can gather enough energy from the sun to reduce or even eliminate your electrical costs. Depending on your budget, the system can be designed to produce enough energy to supplement grid power or to cover all the electrical demands of your business. Any extra power can be sent to the grid for credits on your bill or stored locally with a commercial solar battery system. By producing your own power and relying less on the utility grid, you can lower your electricity rates and make your business more profitable.
Steps to Switching to Solar Energy for Lower Rates
Installing a solar system for your New York business is easier than ever with help from our team at Solar Liberty. When you reach out, our experts will provide a free solar evaluation that helps you determine if solar is a viable option for your business. We will provide a detailed quote and help you find any tax credits, rebates, and other incentives that your business may be eligible for. Once approved, our team will design and install a commercial solar system tailored to your facility’s unique needs.
We are one of the top residential and commercial solar installers in New York, Pennsylvania, Ohio, and Vermont. With our experienced team, over 20 years of service, and the highest quality equipment, you can count on Solar Liberty for long-lasting, reliable solar systems that help your business save money and protect the environment.
Ready to get started? Call Solar Liberty today at (866) 807-3639 or contact us online to schedule your solar evaluation and begin the installation process for your New York business.