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Investing in solar panels for a business in Calgary offers many potential benefits. Most important is the opportunity to contribute to sustainability efforts by serving more of your energy needs with a renewable resource. Beyond that, opting for commercial solar in Calgary also creates opportunities to capture savings, especially over the long term. Participating in a carbon market can provide another revenue stream for the business.
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Investing in solar panels for a business in Calgary offers many potential benefits. Most important is the opportunity to contribute to sustainability efforts by serving more of your energy needs with a renewable resource. Beyond that, opting for commercial solar in Calgary also creates opportunities to capture savings, especially over the long term. Participating in a carbon market can provide another revenue stream for the business. One of the most important concepts to understand when investigating these opportunities is the idea of “solar offset.” This measurement will help you understand the effectiveness of your installation and play a key role in sustainability reporting and earning carbon credits. Here’s a quick overview of what to know.
What Is Solar Offset? The “solar offset” calculates the difference between what your commercial solar power system generates and how much electricity your business consumes. Calculating this difference shows how well a solar installation serves a company’s energy requirements. Calculating Solar Offset Calculating solar offset is relatively easy. It’s best to review electricity consumption and generation across a year to get a clear picture of the authentic answer. Otherwise, seasonal variations may provide the wrong picture of the long-term capabilities of a system.
To figure out your solar offset, first take the total amount of solar electricity your system generates in one year, expressed in kilowatt-hours. Divide that number by the total amount of electricity consumption in kilowatt-hours in your business over that period. Multiply the result by 100 to calculate your solar offset percentage. What Do Different Levels of Offset Mean? If the offset is less than 1, your business relies on more grid power than it can generate through solar alone. A solar offset of exactly 1.0 represents a balanced solar power system that generates the amount of energy the business requires each year.
At offset levels above 1, your system regularly overproduces electricity compared to its consumption requirements. A strong solar offset of greater than 1 means opportunities to sell power back to the grid and demonstrate a higher level of sustainability and emission reductions. A higher solar offset translates into lower energy bills and enhances the value of the investment in panels over time. For businesses that register to participate in greenhouse gas offset markets, a higher solar offset represents a more straightforward path to unlocking carbon credits. Earning and selling carbon credits can be a source of financial benefits for your business.
Building a High-Performance System for Your Business How can you ensure your commercial solar setup in Calgary supports plans to lower energy bills and generate carbon credit revenue? Experienced design, installation and maintenance help ensure your system meets the performance specifications required for your sustainability and credit plans. At Tenet Renewables, we have years of experience and continue to supply cutting-edge systems that can perform at the high levels you require from solar panels for a business in Calgary. Let’s explore a design for your business or engage our team to conduct a performance analysis to discover ways to improve your solar offset today.
