Utilities are essential expenses that can rob a business of its cash flow. A business' bottom line can become victim to the fluctuations and increases of utility costs. Bringing your energy expenses under control is an effective, yet often overlooked, method of increasing your bottom line.
Businesses can improve their bottom line by utilizing solar to stabilize fluctuations in energy expenses, protect against energy market volatility, and reduce payments to utility companies.
Business owners and corporate boards see more than just the energy savings and green benefits of commercial solar power panels. Commercial solar panel systems are a lucrative investment vehicle with attractive ROI. As a result, companies actively use solar power to deploy capital and hedge energy risks.
In addition to the financial incentives, companies enjoy the positive value of “going green” with solar panels – from customers that appreciate your forward thinking approach, to employees who enjoy participating in a green effort, and other ancillary benefits.
- 26% federal tax credit on all money spent on solar
- State and local solar energy rebate programs (we’ll certainly detail what’s available in your jurisdiction)
- 50% accelerated bonus depreciation (year 1)
- Up to 200% energy production – so continuous profit from selling energy to the grid
- SREC (Solar Renewable Energy Credit) revenue
SREC (Solar Renewable Energy Credit) revenue
With these financial incentives, most commercial entities realize a 3-5 year payoff schedule as well as continued dual revenue streams thereafter via energy savings and SREC revenue.
We assist business owners through the grant, tax credit, depreciation and SREC process to help maximize the return on their solar panel investment.