You might be surprised to learn that solar energy is becoming more affordable for businesses than ever before. In fact, it can even make good financial sense in some cases.
You just need to know what you’re getting into and how to do it right. Here are some important things to consider when exploring your options for going solar:
Solar energy helps reduce your operating costs.
- You will reduce your operating costs.
- You will reduce your energy costs.
- You’ll reduce the carbon footprint of your business.
- You’ll reduce peak demand on the grid, which in turn reduces transmission costs (and power outages).
You may even be able to take advantage of tax credits and incentives (ask us!). We know that every dollar counts when you’re trying to run a business, so we aim to provide solar energy as cost-effectively as possible!
Tax credits and incentives are available to businesses that go solar.
The federal government offers tax credits for businesses that install Commercial Solar systems. Depending on the system’s size and installation date, you can receive a 30% tax credit or a ten-year depreciation deduction (whichever is greater).
The amount of the credit depends on how much electricity your system is expected to generate over its lifetime based on the size of your site and other factors.
Solar power is a sustainable option for commercial clients.
One of the main reasons we were able to convince our client to go solar was because of how sustainable it is. Solar power is a renewable resource, which means that over time, there will always be more energy available than what we use. This makes it a sustainable option for commercial clients who want to reduce their carbon footprint and have their own clean energy source.
Another reason why solar is such a great choice for businesses is because it’s reliable and cost-effective. The sun shines every day, so you don’t need other sources of power when you have solar panels on your roof—you just collect the sun’s rays during the day and use them at night!
This gives you peace of mind knowing that if there’s an outage or some other service interruption at night or on weekends (when demand is lower), then your business can keep running without interruption until repairs are made or replacements arrive from elsewhere in town.
Commercial solar systems are not that expensive
You might be surprised to learn that solar energy is actually competitive with other energy sources. That’s right—commercial solar systems are not as expensive as you might think.
In fact, costs have fallen by more than 50% in the last decade and are expected to continue falling.
Solar energy is a good investment because it reduces operating expenses, improves profit margins, and increases productivity. Businesses can also benefit from solar with tax credits and rebates available through state or local governments.
It’s important to remember that the cost of a Commercial Solar panel installation is not just about the upfront price. The payback period for solar panels can be as little as two to three years, depending on your energy usage and utility rates.
And over time, you can expect an average return on investment of between five and seven percent every year thereafter!