Become a leader in your industry by going solar. Having a commercial solar energy system has never been a smarter choice for a business owner. Installing a solar electric system is a clean and affordable way to generate power for your facilities and save money for your organization. Investing in solar today will reduce energy costs despite the expected increase and will show your customers your commitment to the environment. By installing a commercial solar energy system, your company will also be contributing toward the reduction of harmful greenhouse gases and the dependence on foreign oil.
The new California Initiative offers business owners several incentives to go solar. One of the best advantages of solar electricity is its quick return on investment. A commercial solar power system for your business gives you the ability eliminate your electric bill and gives you the opportunity to get paid for excess power that is generated. Installing a solar energy system for your system will benefit you and your business from day one by reducing and fixing your electricity costs for over 30 years.
In addition to all of these benefits, there are many local, state, and national incentives offered to make your solar system more affordable. Here are some financial benefits you can take advantage of today:
Net metering - This offsets your electric bill when you generate your own solar electricity and get credit from your power company. When you produce more energy than you use, you can apply it to future electricity bills.
State Rebates – Most states offer rebates for commercial solar systems. You can qualify for cash rebates for the amount of electricity you produce while the offer lasts.
Federal Tax Credit - Federal Tax Credit helps put money back in your pocket. Commercial systems qualify for a tax credit of 30% of the value of the solar system.
Property Tax Exemption - Benefit from the increased value solar adds to your facility without paying more property taxes. Solar electric systems are exempt from property taxes in California and many other states.
Power Purchasing Agreement - Flexible energy purchase solutions are available for large solar systems, allowing your business to benefit from solar electricity without making an up-front investment.
Below are some tax incentives and rebates currently available to California businesses:
-5 Year Accelerated Depreciation
-30% Federal Tax Credit
-10% Utility Rebate
-Over 30Years of Fixed Electricity Costs
Interested in a commercial solar energy system and adding value to your business? Let our experts select the right combination of products for you and your business.