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Can Solar Power Provide Affordable Power for Residential, Commercial, and Industrial Properties?

by | Sep 15, 2022 | Solar

Today, the benefits of clean and renewable solar power are many; one of the most notable ones being the affordability of solar power. Thank’s to the solar industry’s continual advances, solar power has become the best way to produce clean power and also the most affordable source of power, period.

The price of solar energy has dropped dramatically over the past two decades. Between 1998 and 2009, the cost of installed solar dropped by 30 percent. And since 2010, the cost of installed solar has dropped a further 70 percent. As of two years ago, the cost for solar power dropped by 400%, since it’s widespread use in the late ’70s.

All to say, solar panels have become the go-to for residential, commercial, and large industrial properties who want to produce clean and renewable power while turning fast ROI. 

New Jersey is a perfect example of how affordable solar power has been adopted by all levels.  Last year, a company called Electrek reported New Jersey as the No. 1 state in the US for installed solar capacity per square mile and has the most planned community solar capacity in the US.

The Benefits of Solar Power

Some of the many benefits of solar power include:

SAVES MONEY

REDUCES AIR POLLUTION

REDUCES DEPENDENCE ON

NONRENEWABLE ENERGY SOURCES

IMPROVES HUMANITY’S HEALTH IN THE LONG RUN

HELPS FIGHT CLIMATE CHANGE

Solar Power Solutions

Another major advance in the solar industry is related to the versatility of solar power.  While solar panels still rank as the number one source of solar power, Today there are many different ways solar power can be adapted to a home, business, or commercial property.  From solar roof tiles and solar windows to solar siding for a building and solar parking.

At Bio Developing, we offer a variety of solar solutions including:

Solar panel installations for homes and business

Solar storage and batteries

Solar based EV charging stations

Industrial solar solutions

Solar carports and solar parking

Solar fuel stations

Municipal solar solutions

RESIDENTIAL SOLAR

Today, making the switch to solar has never been easier and it’s never been as beneficial as it is today. Federal and state tax credits and incentives not only make going solar simple, but they make it a sane financial decision as millions of homeowners and families have experienced the financial release that comes with going solar. There’s nothing like knowing you’re generating your own clean, reliable power in the most affordable way possible!

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COMMERCIAL SOLAR

With millions of solar installations in the U.S, more and more business owners are taking advantage of the price difference between a solar PV system or continuing to pay their utility for electricity.

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SOLAR STORAGE AND BATTERIES

Solar PV systems have become one of the fastest-growing sources of energy in the U.S. The popularity and convenience of solar power have also led to the rise of another awesome renewable technology, solar batteries! Many solar manufacturers are now also producing solar batteries that can be integrated with your solar PV system, creating a solar power storage system for your home or business.

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SOLAR-BASED EV CHARGING STATIONS

With every major car company making electric vehicles, it’s predicted that by 2050 over 40% of all vehicles on the road will be electric. Bio Developing Corp specializes in building EV charging stations for businesses, major department stores, and municipalities to help promote the growth of electric vehicles and your business.

INDUSTRIAL SOLAR SOLUTIONS

As renewable energy standards increase, major industrial and commercial companies are required to source some or all of their energy from renewable sources. However, due to the large demand for energy, industrial solar solutions require unique designs and a large-scale approach. Bio Developing Corp works with industrial and commercial clients to tailor-make solar solutions to help offset energy use, saving money and meeting sustainability goals.

SOLAR CARPORTS AND SOLAR PARKING

Solar carports and parking provide protection for cars, shelter, and use the world’s most powerful source of energy to generate electricity. Solar carports and parking are a perfect and aesthetic way to promote solar power, save money, and create your own energy independence.

SOLAR FUEL STATIONS

With increasing energy rates, energy bills can be expensive for service and fuel stations, especially those that include convenience stores. Running multiple freezers, refrigerators, and lighting 24 hours a day can cost thousands of dollars each month. Adding solar panels and using free energy from the sun translates to big savings, especially when business owners can take advantage of reduced equipment and installation costs.

MUNICIPAL SOLAR SOLUTIONS

Bio Developing Corp is dedicated to pioneering the future of water technology and our range of renewable energy-powered products does just that. We offer a complete line of low-maintenance, solar-powered water pumps, inverters, and power blenders that deliver unmatched flexibility for municipal water supply applications.

Rebecca Samson

Article by
Rebecca Samson
Editor, Bio Development