By switching to solar you can immediately lower or eliminate your electricity costs, improving your margins and bottom line.
Commercial Solar is eligible for a variety of federal, state and local incentives. When added up, these incentives can potentially cover 45-80% of your overall system cost.
Businesses can deduct 85% of the value of the solar asset from their taxes, providing another significant offset to the upfront cost of a system array.
Commercial Solar for Businesses & Commercial Buildings
Commercial solar panels are a great way for businesses to reduce, or even completely eliminate, their electric bill while utilizing clean energy. With commercial solar installation, renewable energy through solar power can take electric costs virtually out of the question which is great for minimizing overhead to improve cashflow. Of course, there is the upfront cost of purchasing commercial solar panels, but the total return on investment (ROI) on solar energy overtime makes it a no-brainer! In fact, a grid-tie commercial system allows you to sell some of the energy back to the electric company. Just be sure you have all the right inverters, hardware and equipment to do so. And if you are worried you do not have enough space on the roof of your commercial property, you can opt to ground mount your commercial solar system. Commercial solar installation is a fantastic way to reduce your business’ carbon footprint and be one that thrives on sustainability.
Save on Commercial Solar Installation with Incentives and the Federal Tax Credit
If the ROI was not enough to persuade you on the benefits of commercial solar projects, perhaps we should mention that you can reduce the cost on your commercial solar panels with tax rebates. So you can reduce or get rid of energy costs from the electric company while having the federal government pay back for some of the commercial solar installation with a solar tax credit! If you need further assistance, contact us to get all the help you require on your commercial solar needs to get solar solutions today.
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“I’ve been ordering from Unbound Solar for three years as a solar installer and system designer, and have always had an excellent experience. There are a lot of choices when it comes to renewable energy equipment providers, but I will continue to order from Unbound Solar thanks to their prompt, professional service.”
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Support for commercial solar electric power comes in many forms today.
State rebates and state tax incentives, Federal Tax Credits, Business Development Grant Programs and Accelerated Depreciation scheme combine to provide immediate positive cash flow for most commercial solar power installations in the very first year.
Check out your local, state, and federal incentives for commercial and renewable energy applications.
The same principles apply, although with few exceptions, commercial applications are grid-intertied, whereas many residential solar electric systems are off-grid, or totally independent of utility-generated electric power. Commercial solar gridtie inverters matched with arrays of larger wattage solar panels (the same ones that work for residential solar power systems) provide power for all sorts of commercial applications, from remote traffic controls and telecommunications, to oil and gas industry applications, to solar electric systems for large municipal, school and government facilities.
