Commercial Solar

Businesses of all sizes are capitalizing on the financial opportunities of installing solar, proving that a solar energy system is a key strategic decision that virtually guarantees a solid financial return for your business.

 

Save. Stabilize. Capitalize.

Beyond the direct short-term financial benefits, installing solar panels can also help your business to hedge against electricity price volatility and inflation. The price of electricity can fluctuate significantly due to demand, creating a headache for business owners who are closely managing their cash flow. In total, the ITC and depreciation benefit can reduce the system price by as much as 60 percent. Add that to savings from a reduced utility bill and other incentives like PBIs, and business owners are looking at an investment that’s hard to pass up.

 

“The average commercial property owner pays around $557 in monthly electricity bills before going solar. After their installation, their electricity bill was reduced by approximately 89%.”

— EnergySage.com

 

Financial Benefits

  • Federal Investment Tax Credit (ITC): This is the most significant financial benefit for anyone interested in using solar panels at their business or residence. Owners of newly installed solar panel systems get a federal tax credit for 30 percent of the cost of the system. (Some states also offer additional tax credits.)

  • Accelerated depreciation: Businesses can deduct 85 percent of the value of the solar asset from their taxes, providing another significant offset to the upfront cost of a system array.

  • Performance-based incentives (PBIs): PBIs, including solar renewable energy certificates, are a way for solar owners in some markets to receive payment from their utility for the solar electricity that their system generates. These incentives can be significant and greatly enhance financial returns for system owners over the life of the system.

Interested?

Send us a few details about you and your home or business and we will get back to you with a quote. The estimation and proposal process is simple and fast.