3 Methods Solar Installers in Tampa Can Use to Cut Costs

The renewable energy industry in Tampa, Florida has grown exponentially over the years. The industry has contributed to the rise of the economy but the presence of a unified collective of installers, suppliers, and economic resources has always been lacking. Despite an unorganized structure, renewable energy companies in Tampa have still managed to make their advanced systems work. The solar power systems, especially, have experienced very little standardization, and the manufacturers of solar inverters, panels, optimizers and other parts are rarely integrated with one another. This has led to the rise and fall of numerous suppliers as their services and products have found and fallen out of favor. Under the present circumstances, solar installers need to play it cool and find effective cost-cutting measures in order to survive. Some of them are listed below:

Structural Reorganization

Only a few players have emerged with full-fledged in-house capabilities in the Sunshine State. This means that Tampa solar energy players need to eke out greater efficiency out of the existing process, a fact that has contributed to the latest trend of assembling solar power components not on site, but on the factory floor instead. It is recommended that solar companies include micro inverters on their solar panels and incorporate a pre-engineering method of racking in order to cut down on installation time by a significant degree.

Balance of System Expenses

Embracing solar power has become a lot more cost-effective but, on the flipside, panels now cost a smaller percentage of every installation. Solar installers need to keep an eye on balance of system (BOS) costs, which includes items such as permits, wiring, sales, labor, and inverters. The costs of these components are variable, depending upon the size of the project.

Solar installers need to get a grip on the BOS expense challenge by prioritizing the various aspects. Labor needs to be moved from the field to the pre-engineered systems and factory floors. This will ensure that installation and wiring are no longer manual jobs and a standardized system is implemented. There is a possibility that the cost of each panel might rise on a per watt basis because of these measures, but this would reduce the overall cost of the system. The transference of costs to the factory floor will decrease the overall system’s expense and lead to solar power becoming more competitive in the long-run. It will also help build the competitive edge solar firms are seeking.

New Sales Avenues

Renewable energy firms in Tampa should consider leveraging their panel production process to move downstream into project development. This will not only increase effectiveness, but will also provide the test platforms required to construct engineered systems. This will also promote more interest in the development of full projects as they will be able to sell pre-engineered systems to the target consumers in international markets. Solar installers will earn greater revenue selling similar pre-engineered solar models instead of simple solar panels. However, they need to expand their options if they want to earn greater risk-free revenue while building and financing a full solar project.

The renewable industry in Tampa has plenty of prospects for solar installers to trim down costs while improving their overall product portfolio. They should stay in the loop when it comes to market trends in order to remain ahead of competitors. This will assist in the development of solutions the renewable energy industry will enjoy as a whole.

Whenever you want to install a new solar panel or replacing the existing one, Coast to Coast Solar Inc is the right place where you can sort out all your solar related issues.