You’ve heard about solar energy, maybe you think it’s great for some people’s houses, but have you considered what it might do to boost your revenue from your commercial building? Let’s consider for a moment what might have happened if you had Installed a solar energy system on your most recently-completed building.
For the first in this series, let’s look at commercial structures made for living.
If your most recent building was built for apartments, then you’re on the hook for operations and maintenance of that structure for as long as you choose to keep it. You get the bills for the plumber, the painter, the handyman, the electrician, and the ones who fix broken walls and trim. You also get the bills for electric use in the common areas. Maybe you even supply your tenants with electricity or water or gas. If you get any electric bills at all, you know that over the long term that cost is unpredictable. The utility can raise your rates or change your billing structure without much warning, and you only get to react to it.
A solar electric system that offsets those bills will allow you to be proactive in controlling those costs. Plus, in the long term once your savings has recouped the initial cost of the system, your operating costs are that much lower because the fuel that powers that system is free. If you’re planning to keep your building for more than a few years, you will get to the point where it will be paying you.
If your most recent building was built for condos, then your outlook may be fairly short-term. While some may be interested in continuing to hold the building for the long term, most do not. If you like to hold your condo structures long-term, then see the section above on “Apartments,” because that probably applies more to your situation. If your goal is to get the structure occupied, have the HOA take over, and then move on, then this section is for you.
What will make you most successful? Certainly, a fully-occupied condo structure. What will encourage that? It must be an attractive property. Obviously, solar can do nothing for the location of the structure, nor for its configuration, interior, amenities, etc. But solar can be attractive to many people. Studies have shown that as people’s personal wealth increases, so does their concern for the environment. A condo that comes with solar pre-installed can be a market differentiator for those people, and can attract them to your structure over a competing complex. Solar energy can be a cost-effective amenity to help sell condo units, at a dollar amount that can be quickly recovered (usually with margin to spare) in the price of the unit.
We haven’t even touched on non-residential buildings yet. There’s a whole world of commercial structures out there, and future installments to this blog should attempt to address these other structures. We’ll talk about solar on buildings made for small storefront retail, large retail, food service, hotel/motel, office space, manufacturing, and specialty structures like churches, convention centers, and other venues that are open to the public. Stay tuned…..
You like the idea of the money you could be saving. You like the idea of generating your own power from the sun. You like the idea of being green and doing things that are good for the environment. You are energy-conscious now but wonder what more you could be doing. You like the idea of making an investment that pays you and, at the same time, one that benefits the world that our children will inherit.
I’m here to tell you that all is not lost. I’m here to tell you that you are not stuck. I’m here to tell you that you have a way to get what you like. I’m here to tell you that Nemeth Energy Solutions has the unique way out of your dilemma.
Many condominium covenants allow owners to install items outside. Your homeowners association (sometimes referred to as an HOA) may allow you to install gas grills, pole lights, barbeque pits, hot tubs, gardens, and other items. Solar energy can be one of those items.
Not everyone can install solar energy on a condominium. I’m here to tell you that we can do the work where others cannot. Homeowners associations are responsible for taking care of the buildings in the complex. Most will be highly skeptical of anyone who wants to make changes to one of them or to the property around one. This skeptical attitude will lead the homeowners association to reject most proposals – and you may have experienced this yourself, or know of your neighbors who have. Most solar energy installers do not have the credentials to do this work, and because of this they (and you) would face that same skepticism and rejection. Mike Nemeth, president of Nemeth Energy Solutions, has the professional credentials that can convince wary homeowners associations that the work will be done well, done right, done in an attractive manner that’s easy to maintain, and done so that your building is protected.
This can apply whether you live in a townhouse or townhome, a duplex, a triplex, a four-plex, a multi-plex, a detached condominium, or in some cases even a multi-floor condominium. If your homeowners covenants and your situation will allow it, then you can choose from some options! We can install solar on your roof, or you can opt for a solar awning, a solar shed, a solar carport, a solar pergola, or something completely unique. Any of these can be hooked into your electric service and allow you to start saving money and helping our environment – work-free and tax-free.
There are plenty of possibilities; all that’s left for you to do is call us or contact us here, and get started. Nemeth Energy Solutions will work with you to design a solar energy solution that meets your needs, is attractive, and will give you many years of money savings!
If you would like to research what has happened across the country with condo owners and solar energy, we invite you to check out the following links. Know that some of these articles describe conditions in states other than Iowa, so if you have questions about how this information applies here, please call us or contact us here and we can help.
We look forward to hearing from you and helping you take charge of your electric bills and get for yourself an environmentally responsible and financially profitable solution. Just call us or contact us here and we’ll get started!